Environment

Caatinga region to have Brazil’s first carbon credit cooperative

Landowners in the semi-arid Northeast are keen on getting involved in the carbon market, but their properties are too small to generate credits in the traditional manner

carbon credit market Cattle grazing during the dry season in the Caatinga biome in Uirauna, Paraíba. Photo: Cacio Murilo/Shutterstock
Cattle grazing during the dry season in the Caatinga biome in Uirauna, Paraíba. Photo: Cacio Murilo/Shutterstock

For some time, analysts have pointed to Brazil’s potential to become a major player in the global carbon market. But excessive red tape, gaps in legislation, and an excessive focus on large properties has hindered the country’s progress. Now, one initiative in the heart of Brazil’s Northeast seeks to make the trading of emissions reductions more accessible, creating the country’s first carbon credit cooperative.

The idea for the project surfaced last year through meetings between think tank Centro Brasil no Clima (CBC), environmentalists, and representatives of small landowners in the semi-arid shrubland of the states of Pernambuco, Bahia, Sergipe,...

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