Brazil's market for trading forest certificates

dc.creatorBritaldo Silveira Soares Filho
dc.creatorLeonardo Santiago
dc.creatorRaoni Rajão
dc.creatorFrank Merry
dc.creatorHermann Rodrigues
dc.creatorJuliana Davis
dc.creatorLetícia Lima
dc.creatorMarcia Macedo
dc.creatorMichael Coe
dc.creatorArnaldo Carneiro
dc.date.accessioned2023-04-10T23:05:40Z
dc.date.accessioned2025-09-08T23:48:20Z
dc.date.available2023-04-10T23:05:40Z
dc.date.issued2016-04-06
dc.description.sponsorshipCNPq - Conselho Nacional de Desenvolvimento Científico e Tecnológico
dc.description.sponsorshipFAPEMIG - Fundação de Amparo à Pesquisa do Estado de Minas Gerais
dc.format.mimetypepdf
dc.identifier.doihttps://doi.org/10.1371/journal.pone.0157203
dc.identifier.issn1932-6203
dc.identifier.urihttps://hdl.handle.net/1843/51772
dc.languageeng
dc.publisherUniversidade Federal de Minas Gerais
dc.relation.ispartofPLOS ONE
dc.rightsAcesso Aberto
dc.subjectReservas da biosfera
dc.subjectFlorestas - Legislação
dc.subjectPagamento por serviços ambientais
dc.subject.otherCotas de reservas ambientais
dc.subject.otherCódigo florestal
dc.subject.otherPagamento de serviços ambientais
dc.subject.otherPayment for ecosystem services
dc.titleBrazil's market for trading forest certificates
dc.typeArtigo de periódico
local.citation.epage17
local.citation.issue4
local.citation.spage1
local.citation.volume11
local.description.resumoBrazil faces an enormous challenge to implement its revised Forest Code. Despite big losses for the environment, the law introduces new mechanisms to facilitate compliance and foster payment for ecosystem services (PES). The most promising of these is a market for trading forest certificates (CRAs) that allows landowners to offset their restoration obligations by paying for maintaining native vegetation elsewhere. We analyzed the economic potential for the emerging CRA market in Brazil and its implications for PES programs. Results indicate a potential market for trading 4.2 Mha of CRAs with a gross value of US$ 9.2±2.4 billion, with main regional markets forming in the states of Mato Grosso and São Paulo. This would be the largest market for trading forests in the world. Overall, the potential supply of CRAs in Brazilian states exceeds demand, creating an opportunity for additional PES programs to use the CRA market. This expanded market could provide not only monetary incentives to conserve native vegetation, but also environmental co-benefits by fostering PES programs focused on biodiversity, water conservation, and climate regulation. Effective implementation of the Forest Code will be vital to the success of this market and this hurdle brings uncertainty into the market. Long-term commitment, both within Brazil and abroad, will be essential to overcome the many challenges ahead.
local.identifier.orcidhttps://orcid.org/0000-0002-7703-946X
local.identifier.orcidhttps://orcid.org/0000-0002-1133-4837
local.identifier.orcidhttps://orcid.org/0000-0002-7470-0697
local.publisher.countryBrasil
local.publisher.departmentENG - DEPARTAMENTO DE ENGENHARIA PRODUÇÃO
local.publisher.departmentIGC - DEPARTAMENTO DE CARTOGRAFIA
local.publisher.initialsUFMG
local.url.externahttps://journals.plos.org/plosone/article?id=10.1371/journal.pone.0152311

Arquivos

Pacote original

Agora exibindo 1 - 1 de 1
Carregando...
Imagem de Miniatura
Nome:
brazil'smarketfortradingforest (1).pdf
Tamanho:
1.2 MB
Formato:
Adobe Portable Document Format

Licença do pacote

Agora exibindo 1 - 1 de 1
Carregando...
Imagem de Miniatura
Nome:
License.txt
Tamanho:
1.99 KB
Formato:
Plain Text
Descrição: