
Belizean NGOs Explore Carbon Credit Markets to Finance Conservation Efforts
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- May 24, 2023
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Belize’s NGO Community is hoping to identify carbon markets and capitalize on the country’s carbon credits. Today, the Belize Network of NGOs held a symposium on the benefits of carbon credits and how they can be sold in the international market. The aim of the symposium was to provide the various entities with the information needed to hopefully finance conservation through the sale of carbon credits. A model, conducted at the Rio Bravo Conservation and Management area, was presented to the group by the Program for Belize, an NGO specializing in carbon credits. And, according to Carbon Specialist at the Nature Conservancy, Roberto Pott, the project is being used to develop new strategies to aid in the fight against climate change.
Executive Director of the Program for Belize, Edilberto Romero, says Belize’s rainforests are considered carbon sinks, ecosystems that trap and store carbon emissions. He explained how carbon credits are sold and converted into currency.
The NGO symposium was held at the Belize Biltmore Plaza in Belize City