Carbon markets could protect nature and the planet, but only if the rights of those who live there are recognized too
The increased interest in carbon markets comes with a number of risks. Many forest carbon offsetting schemes are located in lands historically claimed, inhabited, and used by Indigenous Peoples and local communities but oftentimes the rights of these communities have not been secured, putting their well-being at risk — and threatening the future of carbon markets.
The Rights and Resources Initiative (RRI), the Global Alliance of Territorial Communities (GATC) and the Campaign for Nature (C4N) receive grant from Bezos Earth Fund to jointly scale up the recognition of tenure rights of Indigenous Peoples, local communities, and Afro-descendant Peoples in the Tropical Andes and Congo Basin.
At UNFCCC COP 26, new research shows Indigenous Peoples and local communities hold at least 958 million hectares of land in countries spanning most of the world’s endangered tropical forests – yet have legal rights to less than half of their lands. Community-held lands sequester over 250 billion metric tonnes of carbon, and lack of secure rights threatens to release much of this carbon into the atmosphere through deforestation.
Nature-Based Solutions are broadly defined as solutions to societal challenges that involve working with nature. When anchored in culturally appropriate solutions and the self-determined priorities of local peoples, nature-based actions have the potential to strengthen synergies, transform human-environment interactions, and effectively drive system-wide transformation.
RRI-FCDO dialogue emphasizes the urgency of financing rights-based climate and conservation solutions
A high-level discussion convened by RRI and the FCDO, UK sought to address the ownership gap in collective land rights to tackle climate change and biodiversity loss.