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A smarter way to protect the Amazon: Indigenous leaders and biodiversity credits

Frontier Markets News

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The Work of Gathering and Distributing Money

In this chapter, they discuss the work involved in gathering money and distributing it to local people in order to support programs. They mention activities such as carbon studies, drag or tracking, and data integrity. They also talk about the certification of carbon and the creation of a new biodiversity standard to generate biodiversity credits for sale in international markets. The long-term funding model revolves around adopting the biodiversity credit system, with 30 indigenous groups from four continents expressing interest. The chapter emphasizes the goal of empowering locals to run the system on their own and eliminating barriers to entry.

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