How carbon finance pays a living wage

12 Apr 2022

 

Sustainable Finance For Nature-based Solutions Digital Forum

 

On March 2022, the Luxembourg-GLF Finance for Nature platform hosted the Sustainable finance for NbS Digital Forum with the aim of bringing together practitioners, policymakers, and scientists to explore opportunities for NbS investments emerging from recent developments in carbon finance and sustainable finance regulations, as well as build dialogue to increase the adoption of good practices, and inform policy processes in this arena.

In this short Q&A, social entrepreneur and agroforestry researcher, Paul Burgers helps answer the foundational question of how businesses can help local communities adapt to climate change, build resilient livelihoods and improve their quality of life.

 

Markets are critical to protecting nature and the planet

 

Based on his social enterprise experience, Burgers explains how carbon finance is helping climate-proof the rural poor in the Global South

 

  • CO2 Operate B.V., Burgers’ social enterprise works with carbon market certification for local communities in Indonesia. It combines carbon sequestration targets with sustainable sourcing. As an example, they have integrated cinnamon trees into one of their sites for a spice trading company.
  • The idea of “living wages” must be rethought into something that really works for people.  Increasing the wages of workers in less affluent countries could improve social and environmental sustainability.
  • CO2 Operative has learned that working with farmers is pivotal to the achievement of carbon finance by not looking for a maximum profit of the land but a stable one. “Listen to the farmers first,” Burgers says.

 

Learn How carbon markets supercharge nature-based solutions to climate change 📈

Ecosystem(s): Agricultural Land

Location(s): Indonesia

agriculture certifications climate change nature-based solutions (NbS) resilience value chains

  • Nathalie Roth

    Founder, 4Climate

  • Anna Lehmann

    WillifeWorks, Global Climate Policy Director and Member of the PFP Executive Committee, Wildlife Works Carbon

  • Paul Burgers

    Owner, Dutch social enterprise, CO2 Operate B.V.

  • Jelmer van de Mortel

    Head of Acorn, Innovation Lead, Rabobank

  • Gabriel Labbate

    Head, Climate Mitigation Unit and Global Team Leader, UN-REDD Programme at UNEP



This video is focused on value chains in support of the work of the Food Systems, Land Use and Restoration Impact Program (FOLUR), with funding from the Global Environment Facility.