Selling credits should fund forest protection, but unscrupulous firms are making deals where local land stewards lose out, say Indigenous leaders
Proponents of carbon markets, especially those that aim to protect rainforests, say thatand pay Indigenous communities for the stewardship of their lands, as they have been shown to be the best protectors of forest and vital ecosystems. The resulting credits could then be used for climate commitments by western companies.
A leader from the Kichwa community, who claim they have been forced from their land and received nothing despite an $87m carbon deal.While some leaders recognised the potential benefits from well designed carbon markets, they warn that Indigenous communities are being taken advantage of in the unregulated sector, with opaque deals for carbon rights that can last up to a century, lengthy contracts written in English, and communities being pushed out of their lands for projects.
Fany Kuiru Castro, a leader of the Indigenous Uitoto people, says carbon offsetting is affecting nearly every community across the Amazon basin.Fany Kuiru Castro, an Indigenous Uitoto leader from the Colombian Amazon, says the issue is affecting nearly every community across the Amazon river basin.
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