New Restrictions Could Reduce Carbon Offsets From Major Rainforests

The fast-growing carbon credit market faces challenges from two Asia-Pacific countries limiting the generation of offsets for foreign companies.

Indonesia and Papua New Guinea are limiting the loans generated by protecting rainforests. This has destabilized the markets for these loans and created the uncertainty faced by mining, logging, and drilling companies operating in developing countries.

Indonesia hosts some of the world's largest forest conservation carbon projects and provides carbon credits to Bella's forestry and land management, one of the two major registries tracking this sector for the past 12 years. 

This system solves one of the major challenges in the fight against climate change and provides people with rainforest rights with a way to benefit from their conservation rather than logging.