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Amazon rainforest tribe sells REDD+ credits to Brazilian cosmetics giant

2013-09-11 00:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: The Paiter-Suruí, a rainforest tribe that in June became the first indigenous group to generate REDD+ credits under the Verified Carbon Standard (VCS), has now closed their first deal. As reported by Ecosystem Marketplace, Brazilian cosmetics giant Natura Cosméticos has purchased 120,000 tons of carbon offsets from the the Surui Forest Carbon Project in Rondônia, Brazil. The deal is significant because it represents a major commitment to the Surui's forest conservation initiative, which aims to...

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