The VCMI has published an article exploring how high-integrity carbon markets could finance climate-resilient agriculture in Latin America and the Caribbean (LAC). The region received only 5% (USD 6 billion) of global climate finance for agrifood systems between 2021-2022, despite agriculture accounting for 55% of its emissions. The VCMI suggests that carbon markets could help bridge the annual USD 160 billion funding gap needed through 2050. It recommends a shift from fragmented project-by-project development to structured investment platforms, supported by government-led frameworks.
Read the original at VCMI →← All carbon market news