The challenges of engaging the private sector into REDD+ are manifold. To contribute to potential solutions, our staff member Marisa Camargo is pursuing a PhD on the topic.
In cooperation with the International Institute for Environment and Development (IIED), Marisa recently published a policy brief, which discusses issues related to carbon rights legislation. The observations were based on a REDD+ demonstration activities databank of over 100 projects in Africa, Asia and Latin America.
The briefing reviews state ownership, private land tenure and customary rights within the framework of their applicability to REDD+. It highlights that REDD+ projects reveals tendencies for legal arrangements that reinterpret tenure law so as to bundle the new commodity of carbon regulation with existing rights to tangible resources.
Some of the main messages include the need to establish long-term legislation on carbon rights in order to address the current reinterpretation of existing land tenure policies that is resulting in the capture of carbon rights by the private sector, often at the expense of local communities. According to the briefing, addressing private sector access to carbon rights could also allow for the taxation of private sector carbon credit generation and could help ensure the equitable sharing of REDD+ benefits.