Key Impact Points:

• The Brazilian state of Para will consult Indigenous communities on how they will benefit from a $180 million carbon credits deal.
• Amazon.com and other companies agreed to buy carbon credits through the LEAF Coalition to protect the Amazon rainforest.
• Consultations will involve over 30 workshops, ensuring Indigenous and traditional communities are included in the REDD+ system.

Why it matters:

Preserving the Amazon rainforest is critical to combating global warming, and carbon credits are a key part of the strategy. However, a lack of proper consultation with Indigenous communities has raised concerns. These communities play a crucial role in forest conservation and must benefit from carbon credit deals.

What’s new:

Para’s government will begin consultations with Indigenous peoples and other traditional communities about the future sale of carbon credits, ensuring they have a say in how benefits are shared. The deal, valued at $180 million, is part of the LEAF Coalition’s conservation efforts to reduce deforestation in the Amazon.

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The big picture:

Indigenous and traditional communities, such as the Quilombolas, have voiced concerns about not being properly informed. The Para government and Emergent, which coordinates the LEAF Coalition, plan to ensure transparent consultations through workshops across the state before finalizing the deal in 2025.

What they’re saying:

FEPIPA leader Concita Sompré remarked:
“The sale of carbon credits is the right solution for Indigenous communities, but we must ensure that the benefits are clearly explained and shared fairly.”

Looking ahead:

The carbon credits transaction will only be completed after the consultation process, ensuring that all voices are heard and a fair benefit-sharing agreement is reached.