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Natura Cosméticos Purchases Carbon Credits From Amazon's Indigenous People

September 10, 2013: 12:00 AM EST
Brazil’s cosmetics company Natura Cosméticos purchased 120,000 tons of carbon credits from the Paiter Suruí people of the Amazon. The Paiter Suruí became the first indigenous people to generate carbon credits by saving endangered rainforest using the Verified Carbon Standard for reduced greenhouse gas emissions from deforestation and forest degradation or REDD. Such a deal presents indigenous peoples a sustainable source of revenue and corporations a way to meet their corporate social responsibility requirements.
"Brazilian Cosmetics Giant Buys First Indigenous REDD Credits", Ecosystem Marketplace, September 10, 2013, © The Katoomba Group
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