Media

Source: The Wall Street Journal

Author: Paulo Trevisani and Juan Forero

Image: Paulo Trevisani/The Wall Street Journal

"On the agenda in Glasgow, some say they would protect the forests on their land if they were compensated through a carbon credit program." Carbonext is cited for its work developing carbon projects in the states of Pará and Amazonas.

"The São Paulo-based company Carbonext Tecnologia em Soluções Ambientais Ltda develops carbon projects in the giant states of Amazonas and Pará. They use satellite images to map the project areas. The technical team measures the circumference of a tree while estimating its height to calculate how much carbon the project contains, with each tree containing up to 7.5 tons of carbon.

Each ton that is not emitted into the atmosphere becomes a carbon credit that Carbonext sells to large and small emitters around the world. CEO Janaina Dallan said that her company has deals with landowners in which Carbonext gets 30% of the revenue from the sale of carbon credits in exchange for developing and managing the entire process, from conducting the carbon inventory to selling the credits."

Read more: https://www.wsj.com/articles/brazilian-farmers-who-protect-the-amazon-rainforest-would-like-to-be-paid-11636281003