Carbon investors and smallholders: a symbiotic relationship
Our global economy faces major challenges. Climate change and poverty reduction are top priorities embedded in the UN Sustainable Development Goals (SDGs). These goals will define national and international policies for the next 15 years. Some independent carbon standards, such as Plan Vivo, have shown it is possible to achieve poverty reduction, reduce greenhouse (GHG) emissions and promote healthier local ecosystems. Alongside organisations with a similar ethos, they are in a position to align the interests of the private sector with the needs of smallholders, their local communities and their local ecosystems. However, legislation needs to be in place that requires companies to offset their emissions. This will revitalise demand and increase prices, thereby improving project viability, and this will encourage the market to scale up.