News & Articles: Geographic Latin America

Featured Article

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The Tembé indigenous group, from the Brazilian state of Pará, hope to close the first contract in Brazil for the preservation of an Indigenous Territory through the sale of carbon credits before the end of May. The contract has been approved by FUNAI (Brazil's Federal Indian Agency) and the Federal University of Par¡, but has not yet been approved by the Temb people. The credits will be sold by the Brazilian company C-TRADE on the voluntary market. 85% of the profits from the sale of the carbon credits will be given directly to the tribe. Although the exact value has not yet been determined, they should be worth more than 1 million reais a year (approximately 480,000 USD). This money will be invested in community projects which have already started (such as honey production) and the remainder distributed equally between the families. FUNAI is concerned, however, that those who administer the funds will keep it for themselves, so benefits will not reach the whole community. (In Portuguese)

Bovespa Incorporates Environmental Projects in Exchange

Bovespa president, Raymundo Magliano Filho, announced on 03/07, at a Bovespa event attended by Achim Steiner, executive director of the Programa das Naµes Unidas para o Meio Ambiente (PNUMA – United Nations’ Environment Program), that, as of April, Bolsa de Valores Sociais (BVS – Social Values Exchange) will enhance its performance to also include environmental projects as well. Accordingly, BVS will be renamed Bolsa de Valores Sociais & Ambientais (BVS&A – Social & Environmental Values Exchange). Founded in 2003 and maintained by Bovespa, BVS has raised funds for educational projects undertaken by Brazilian NGOs.

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Scolel Puts a Human Face on Carbon Finance

As the world begins to pay more attention to the voluntary carbon market, The Ecosystem Marketplace spotlights a pioneering project in Southern Mexico that has been using a sustainable development model to produce—and sell—carbon offsets for over ten years.

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Payments for Ecosystem Services: Scaling Up and Down

More and more people are trying to save nature by making sure our economy recognizes the value of the carbon she holds, the water she filters, and the other economic services she provides For the schemes they build to work, however, they need to know when to go big and when to go small That will be a central theme of the upcoming Katoomba Meeting in Vietnam, as it already has been in Latin America.

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Seedlings And Children: Taking Care Of Our Common Future

The Paiter-Surui indigenous group in the Amazon rainforest was nearly wiped out from years of disease and deforestation. But now, with help from the IKEA Foundation and nonprofit Forest Trends (publisher of Ecosystem Marketplace), the Surui and Yawanawa tribes are thriving again under sustainable economies that allow them to maintain their centuries-old culture.

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This Week In Water: A Brazil Matrix And Supply Chain Risk

This month, Ecosystem Marketplace publisher Forest Trends launched an interactive map and database tracking and categorizing over 2,000 payments for ecosystem services in Brazil called the Brazilian Matrix of Ecosystem Services. In other news, a diverse national water quality trading network released a program-building guide.

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This Week In Biodiversity: Greater Sage-Grouse Conservation Teeters Between Cooperation And Conflict

Greater sage-grouses living in the US West received good news with Colorado announcing new voluntary conservation measures and the Bureau of Land Management rolling out landscape-level protection strategies. However, a new funding bill in the Senate aims to block a listing decison for another year. And on a separate note, Brazil passed a law granting easier access to Amazonia’s natural resources.