Indigenous Forest Carbon Fund Launched (Cool Earth)

13 Dec Indigenous Forest Carbon Fund Launched (Cool Earth)

Around 1300 members of Brazil’s Suruí Amazon nation have launched the first ever indigenous forest carbon fund at this month’s annual UN Climate Change Summit meeting in Mexico.

The project evolved from an initial contact between Almir Narayamoga, a young Suruí leader. And Forest Trends, a Washington DC based international NGO that was established in 1999 by a group comprised of conservation organisations, forest product companies, research groups, multinational development banks, private investment funds and philanthropic foundations.

Almir has a clear long term vision for the Suruí forest and community. He sees that over the next 50 years their territory will be lusher and more green even than at present, and that his people will share improved health as well as better education as a direct result of rational investment in sustainable development of the funds that will be generated by their avoided deforestation REDD+ project (Reducing Emissions from Deforestation and Forest Degradation). …Go to article.