Features and Benefits of Global Environmental Markets

Environmental Markets are focused on harnessing the resources and power of commercial markets for protecting the vulnerable habitats. They help in providing real benefits for the local communities that depend on them. It is important to understand the importance of ecosystem services and in recent years there has been a surge in the interest on the economics of biodiversity and ecosystems.

Carbon Farming Initiative is a program that enables farmers to earn carbon credits through the storage of carbon or by minimizing greenhouse gas emissions. The credits are then sold to businesses and people who want to reduce their emissions. This program also supports the environment by inspiring sustainable farming and offering a source for funding landscape restoration projects.

Farmers and landowners can participate voluntarily in Carbon Farming Initiative. They can choose if they want to get involved or not. It would additionally help them to determine the type of activity that can be right for them, their organization or business. When you want to participle and want to apply, it is possible to get the forms and additional information from the website of Clean Energy Regulator. The authority evaluates the eligibility of applying farmers and organizations, and the activities, which are excluded from the Carbon Farming Initiative. They would also monitor the development of programs by the government for this initiative.

Another important part of Environmental Markets is the trading of carbon credits. Popularly known as Carbon Trading, it is considered to help developing countries to minimize their poverty rate while offering an low-cost method for offsetting carbon dioxide emissions. As per the Clean Development Mechanism under the Kyoto Protocol, the developed countries around the world are allowed to fulfill their commitment to reduction in carbon emission by taking steps like developing clean energy projects and reforestation in developing countries.

Using forests for reducing emissions would not only be a financially feasible task, it can also provide significant amount of benefits to the communities. it has been found that the deals between community tree growers and industries may be one of the most cost-effective methods for organizations to reduce their carbon emissions. In addition to seizing carbon by holding carbon dioxide from entering the atmosphere, such programs would have many other benefits including food crops production and forest habitat recovery.

The mechanism of the Environmental Markets are designed to bring economic, social and local environmental benefits to millions of people in developing countries. It is considered that Carbon Trading would present a crucial opportunity for sustaining forests and resources. Last but not the least, community based tree-planting programs can provide carbon credits to industrialized countries with a touch of social responsibility. These are the leading benefits and features of the fast developing Environmental Markets.