6 Best Carbon Offset Projects in Madagascar
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Madagascar has emerged as a small but notable leader in carbon offset projects over the past decade. As concerns about climate change grow globally, many developing countries are embracing carbon offsets as a way to reduce greenhouse gas emissions. Madagascar is a prime example of this trend, and one of the earliest contributors from the continent of Africa.
In case you didn’t know, carbon offsets allow individuals and companies to invest in environmental projects around the world to balance out their own carbon footprints. The projects generate credits that represent metric tons of greenhouse gasses avoided or removed from the atmosphere. Popular project types include renewable energy, reforestation, and methane capture, but there are many, many more types of carbon credits.
Madagascar offers an abundance of carbon offset opportunities thanks to its incredible biodiversity and natural resources. Madagascar is one of those places on earth that is unlike any other – perhaps only Antarctica which we wrote about last year could be similar in terms of how unique it is. Over 80% of its wildlife exists nowhere else on Earth. However, threats like deforestation and habitat loss put many species at risk. Carbon finance provides a new way to protect Madagascar’s forests and unique ecosystems.
