Community-Based Carbon Financing
Deconstruct Community-Based Carbon Financing using previous year trends.
Quick Recall
Concept Flow Mapping
Concept Question
Which indigenous community-led initiative in Meghalaya holds the distinction of being India's first Plan Vivo certified REDD+ project?
The Khasi Hills Community REDD+ project.
Examiner's Trap
The examiner provides other prominent Himalayan and North-Eastern regions (Uttarakhand, Sikkim) known for heavy forest cover and eco-tourism to confuse candidates who vaguely remember the project is located 'somewhere in the mountains'.
Core Insight
REDD+ projects issue carbon credits to entities that save forests. However, big corporations sometimes exploit this, fencing off forests and kicking out indigenous tribes. The 'Plan Vivo' certification is a fair-trade standard that guarantees the carbon credits are generated by, and financially benefit, the local indigenous communities who actually live in and manage the forest.