Delivering no-strings cash to the people fighting deforestation isn’t an easy fix, it’s a smart one.
Cool Earth is embarking on an innovative project to establish a cash transfer programme that will provide a basic income to rainforest villages in the three largest tropical forests; the Amazon, Congo Basins and New Guinea.
Our goal? To provide the evidence needed to scale this approach as a viable method of climate change mitigation and an effective tool to counter the marginalisation of Indigenous peoples and local communities.
In November 2023, the first payments of this pilot were transferred to three communities in the Amazon rainforest. This means that for the next two years, every adult in those communities will be receiving a regular income to sustain their needs.
Cash, rainforest and people.
Rainforests are essential carbon sinks. Their preservation is critical to mitigating climate change, protecting biodiversity, and supporting the livelihoods of 805 million people around the world.
Whilst Indigenous peoples and local communities comprise less than 5% of the world’s population, they manage at least 25% of the planet’s land surface and protect an estimated 80% of global biodiversity A spatial overview of the global importance of Indigenous lands for conservation. Nature Sustainability (Garnett, S. et al, 2018)..
Despite this, Indigenous peoples and local communities receive less than 1% of all development funding to address climate change. Worse still, their contribution to the protection of Earth’s most vital resources and climate mitigation has been effectively ignored.
Cool Earth exists to change this.
|A spatial overview of the global importance of Indigenous lands for conservation. Nature Sustainability (Garnett, S. et al, 2018).