The Brazilian Amazon rainforest ranks among the most biodiverse ecosystems on Earth – with massive carbon sinks stocked in trees and soils, it plays a pivotal role in maintaining global climate stability. To unlock climate finance, states of the Brazilian Amazon are showing great interest to tap into carbon markets. Commercializing high-integrity jurisdictional REDD+ carbon credits can provide much-needed finance to implement forest conservation policies.
Africa is actively exploring the opportunities presented by carbon markets to address substantial gaps in climate finance.
This interactive brief summarizes the development process and UNDP’s supported actions of the Regulatory Framework for REDD+ Projects in Cambodia.
The size and scale of the Voluntary Carbon Market (VCM) has increased dramatically over recent years. With this, there has also been an emergence of various global initiatives aiming to guide the integrity of the VCM. While some positive steps are being taken towards gender equality, defining safeguarding criteria and promoting high integrity carbon credits, recent research and global policy dialogues suggest the current VCM landscape still uses varying degrees of social and environmental safeguards, with gender being often the least regarded aspect, sometimes even neglected.
