Livelihoods Fund - PROFOR

WHYLIVELIHOODS?THE VALUEOF CARBONA DEVELOPING CARBON MARKET.The carbon offsetting markets introduced by the Kyoto Protocol have developedand diversified significantly in the last few years, but investments are most heavilyfocused on energy-related projects.CARBON = COST AND/OR VALUE FOR ECONOMYREDUCTION AND OFFSETTING.As a complement to their targets for reducing the greenhouse gas emissions generated bytheir activities, increasing numbers of businesses are developing offsetting actions,either as part of their obligations (quotas), or on a voluntary basis.2 solutions for carbon offsetting– Purchasing carbon credits = action with no benefit for corporate image, may even becounter-productive from point of view of public opinion.– Launching small-scale sustainable development projects = complex to implement,high carbon offsetting cost, small image benefits.