What Carbon Markets Can't Save: A Journey through the Brazilian Cerrado (Mongabay)
I'm headed to Brazil later this month with the support of the Mongabay Special Reporting Initiative. Here's the gist:
The Brazilian Cerrado is considered one of the world’s great biodiversity hotspots, providing critical habitat for a variety of species, including the maned wolf and the giant anteater. This mosaic of dry forest and open savannah is shrinking at twice the rate of the Amazon due to the expansion of soy plantations and cattle ranches. But because the Cerrado vegetation offers little in the way of carbon storage compared to the rainforest, it has been largely ignored by policy-makers concerned with staving off climate change. Borrell plans to travel through the region to find out what’s at stake when we value climate metrics over biodiversity goals.