While the world urgently hopes to reduce GHG emissions from fossil fuels and deforestation, the Brazilian
Amazon offshore potentially becomes a new frontier for oil companies. The expected impact of oil royalties on
the regional GDP is a political driving force pro-exploration. We advocate that the Brazilian Amazon offshore
must remain oil exploration-free and that the country could give up its sovereign right to explore oil locally while
replacing oil royalties with “green royalties”. Therefore, we propose that the region could benefit from creating a
trust fund covering the same amount of royalties that the area would receive from the country’s decision not to
allow oil exploration in the region.
Joint position on ecological co-benefits of REDD+
Joint position on ecological co-benefits of REDD+
IPAM, together with partners, Conservation International, Environmental Defense Fund, Woods Hole Research Center, and The Nature Conservancy, produced four policy briefs on aspects of REDD policy. This one is a joint position on ecological co-benefits of REDD+: we...