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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 […]
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.
Mexico's anti-poverty program, Sembrando Vida, continued to re-green deforested areas by paying more than 400,000 farmers in 20 states.