Cool Earth is revolutionizing rainforest conservation with a groundbreaking approach that prioritizes direct support over traditional carbon offset models. Dr. Hannah Peck, Deputy Director and Policy Lead at Cool Earth, brings a wealth of experience from working in the rainforests of Peru and Papua New Guinea. She challenges the status quo in the carbon offsets industry, arguing that these solutions often fall short of addressing the root causes of the climate crisis.
Instead of relying on carbon offsets, Cool Earth focuses on reducing emissions at the source and investing in Indigenous communities who are best equipped to protect nature. By providing unconditional cash transfers to these communities, Cool Earth enables them to make decisions based on sustainable practices and forest conservation rather than economic necessity. This approach helps reduce the incentive for activities like illegal logging or mining that lead to deforestation.
In a bold move in 2023, Cool Earth launched a basic income pilot in the Amazon rainforest, providing approximately $5 million annually to Indigenous communities. This initiative ensures that every adult receives a regular income to meet their needs, empowering individuals to prioritize environmental preservation over harmful economic activities. Hannah Peck emphasizes that Indigenous communities play a crucial role in managing the last remaining healthy rainforests, making Cool Earth’s approach a compelling solution to combat climate change.
To learn more about Cool Earth’s innovative work and support their mission, visit their website at coolearth.org. By championing a more equitable and effective approach to rainforest conservation, Cool Earth is paving the way for a sustainable future for our planet.