With its towering natural walls, Sumidero Canyon National Park is one of the main tourist attractions in Chiapas state in southern Mexico. Protecting mostly dry tropical forest one of the most threatened ecosystems in the world the 22,000-hectare (54,360-acre) reserve is home to more than 1,700 species of fauna and flora, of which […]
BP exploited Mexican communities hoping to benefit from carbon credits: report nationofchange.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationofchange.org Daily Mail and Mail on Sunday newspapers.
Oil and gas giant BP has been caught up in a controversy involving low payouts to Mexican villagers participating in its carbon credit program, designed to improve forest conservation while offsetting the company’s greenhouse gas emissions. A report published this month in Bloomberg Green said BP has been buying carbon credits from numerous Mexican villages […]
This guidance was developed by a WRI working group focused on nature-based solutions and markets and represents the Institute’s latest collective thinking on the voluntary use of NBS carbon credits. It updates an earlier commentary on corporate financing of nature-based solutions, drawing on a working paper on the same topic.