On the other hand, many consider afforestation an unsuitable solution to the ever arching problem of deforestation in developing countries. Instead, this contrasting view promotes the use of monetary incentives in order to decrease deforestation rates in developing countries. In order to achieve this, developed countries have to provide these economic compensations. In 2005, Brazil embarked on its goal to reduce its deforestation rates by eighty percent by the year 2020 (Boucher). With Norway providing over one billion dollars in incentives, “Brazil’s area of deforestation had dropped sixty-seven percent,” nearly achieving their initial deforestation goal a decade ahead of schedule in 2011 (Boucher). These two countries are the leading example of developed
…show more content…
This allows developing countries to make as much money conserving forest as destroying them. In addition, there are also benefits for developing countries as implemented through the UN established Reducing Emissions from Deforestation and Forest Degradation Programme, or REDD+ (McCarthy). The REDD+ allows developed countries with high carbon emissions to essentially “pay” for extra carbon storage through forest conservation efforts in developing countries (McCarthy). Industrialized countries are now recognizing that in order to increase production, which increases emissions, they must invest in the reduction of these emissions as well. As “environmentally friendly” approaches are growing extremely popular among the general public, developed countries who invest in conservation can use their incentives as propaganda to reach out to a larger consumer basis as more people want to buy from companies who help protect the environment.
Although the incentives approach seems to be a viable solution to the deforestation crisis in
This allows developing countries to make as much money conserving forest as destroying them. In addition, there are also benefits for developing countries as implemented through the UN established Reducing Emissions from Deforestation and Forest Degradation Programme, or REDD+ (McCarthy). The REDD+ allows developed countries with high carbon emissions to essentially “pay” for extra carbon storage through forest conservation efforts in developing countries (McCarthy). Industrialized countries are now recognizing that in order to increase production, which increases emissions, they must invest in the reduction of these emissions as well. As “environmentally friendly” approaches are growing extremely popular among the general public, developed countries who invest in conservation can use their incentives as propaganda to reach out to a larger consumer basis as more people want to buy from companies who help protect the environment.
Although the incentives approach seems to be a viable solution to the deforestation crisis in