Tech Giant Amazon Rolls Out Amazon Rainforest Carbon Offset Project
/Read on: Tech Giant Amazon Rolls Out Amazon Rainforest Carbon Offset Project AOC Sustainability
By Juliana Ennes. First published on Mongabay.com
. First published on Mongabay.com AOC Sustainability
How do you get a small rancher to give up cutting trees for pasture and instead produce high-value and sustainable agricultural products without the requisite skills, money, or access to markets? A new initiative is trying to solve this problem in the Brazilian Amazon.
Called the Agroforestry and Restoration Accelerator, this nature-based carbon removal project aims to help small farmers diversify production and reach new markets, focusing on reforestation and regenerative agroforestry while also advancing economic development. The initiative, announced in early September by U.S-based tech giant Amazon in partnership with nonprofit The Nature Conservancy (TNC), will set up a project in Pará state, home to 9% of the world’s tropical forest area and 40% of Amazon deforestation — the highest rate of forest loss in Brazil.
But this isn’t a philanthropic movement. While Amazon will invest money and provide technical assistance to farmers — and TNC and other nonprofits will provide support on the ground — the tech colossus will receive carbon credits in exchange. Amazon executives and NGO representatives say this project is a win-win for forests, farmers, investors, and even for international carbon credit markets.
“The logic was to generate an alternative source of income so the small farmers wouldn’t have to expand their cattle production through deforestation. This logic, however, had always been philanthropic so far,” said TNC conservation director Rodrigo Spuri Tafner de Moraes in a phone interview.
Before the partnership with Amazon, TNC said it developed a pilot project in Pará over the last eight years named Cacau Floresta (“forest cocoa” in English) to help small farmers start producing sustainable crops of high market value, such as cocoa; Brazil is one of the world’s top cocoa-producing countries, but is still a net importer of the commodity.
According to TNC, this pilot project incentivized small farmers and ranchers to recover degraded or unproductive areas by planting cocoa trees in addition to other native species. This approach created low-carbon, small-scale agricultural production through agroforestry systems that recovered the forest while opening up a new income source for farmers, the nonprofit added.
Now, through the partnership with Amazon, the investing model aims to generate carbon credits by scaling the project over time, with the possibility of bringing in other investors, the partners say. The goal for the first three years, they say, is to support 3,000 small farmers and restore around 20,000 hectares (nearly 50,000 acres), an area approximately the size of the city of Seattle. Amazon calculates that this would remove up to 10 million metric tons of carbon dioxide from the atmosphere through 2050.
“We believe that there are more than 40,000 farmers who could benefit from a program like this in the region, and that would take a significant scale of investment,” James Mulligan, senior scientist at Amazon, told Mongabay in a phone interview. “We will set up the basic structure of the project and set up the program to scale. In order to scale, it needs additional investments which could come from different sources.”
To succeed, the project includes comprehensive steps, developers say, ranging from a platform to select eligible farmers, to training for the requisite skills, given that deforestation here is driven largely by cattle ranchers who don’t know how to produce cocoa. Smallholders will also have access to high-quality seeds, access to credit lines, logistics to support sales, and entryways to markets, they add.
Read on: Tech Giant Amazon Rolls Out Amazon Rainforest Carbon Offset Project AOC Sustainability
Gisele Bundchen Joins DraftKings As Environment and Social Goals Adviser | Brazil Cuts Environment Budget 24%
/Gisele Bundchen Joins DraftKings As Environment and Social Goals Adviser | Brazil Cuts Environment Budget 24% AOC Sustainability
Supermodel, environmentalist Gisele Bundchen as joined sportsbook operator and daily fantasy player DraftKings as ESG adviser to the CEO.
Bündchen and DraftKings have already collaborated on a project in which the company will plant 1,000,000 trees by Earth Day 2022.
"It is very important for successful corporations to make the necessary shifts in ESG initiatives to truly make a difference on a global level," Bündchen said in a release announcing her hiring. "In today’s world, in my opinion, it isn’t enough for companies to just be successful financially. Companies have to be successful in ALL areas, including social impact and sustainability initiatives that impact the future for all of us around the world.”
Gisele Covers Vogue Hong Kong Sustainability Issue
Gisele Bundchen's Vogue Hong April Sustainability Issue Cover Story by Kevin O'Brien
Supermodel, eco-warrior Gisele Bundchen covers the April 2021 ‘Sustainability’ issue of Vogue Hong Kong. Bobette Cohn styles the prominent environmentalist in images shot on location in Costa Rica by Kevin O’Brien [IG] Bundchen’s home is on the Nicoya Peninsula, near the beachside town of Santa Teresa./ Makeup by Jenna Anton
In our earlier article about Gisele’s Vogue Hong Kong cover story, we noted the very sad reality that the supermodel with the biggest voice on climate change and especially saving the Brazilian rain forest is losing her battle.