How Carbon Credits Work, and Why Brazil Holds the World’s Best Hand eyesonbrasil Somewhere in the Brazilian state of Acre, a hectare of rainforest that didn’t get cut down this year just became a financial instrument. It has a serial number, a registry entry, and a buyer somewhere in Rotterdam or São Paulo who will…
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eyesonbrasil As Kenya hosts the inaugural climate change summit, there has been much talk about carbon credits and their sale. What are they, who has them, how and where are they traded and how do they contribute to reducing the effects of climate change?
Is REDD+ a Green Miracle or a “License to Pollute”? eyesonindonesia In the boardroom of a multinational oil giant and in the deep canopy of the Indonesian rainforest, two very different conversations are happening about the same thing: REDD+. Reducing Emissions from Deforestation and Forest Degradation (REDD+) was designed as a bridge between the industrial…
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How Haruni Krisnawati is Securing Indonesia’s Green Future eyesonindonesia While global leaders sign declarations under the bright lights of international summits, the real work of saving the planet happens in the details. In Indonesia, that work has a face and a name: Haruni Krisnawati. As the world pivots toward the groundbreaking Tropical Forest Forever Facility…
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Why Indonesia is Betting on the “Forever” Fund Over Carbon Credits eyesonindonesia For decades, Indonesia’s vast rainforests—the lungs of Southeast Asia—have been a central battleground for climate finance. The primary tool of choice has been REDD+ (Reducing Emissions from Deforestation and Forest Degradation), a system of carbon credits that pays countries to stop destroying trees.…
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