Eco-Currency and Sustainability: A Case of the Mata Atlantica Forest
Ansari, Danish Hasan
Ansari, Danish Hasan
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Abstract
Massive deforestation in the Atlantic Forest of Brazil has reduced native forest cover in the biome to ~23%. Research suggests that restoration to at least 30% of native forest cover is required to avoid a potentially catastrophic ecological collapse. This paper presents a policy recommendation for the restoration of native forest cover in the Atlantic Forest, through an eco-currency called the Marc (Mata Atlantica Restoration Currency). The paper shows that the eco-currency can serve as a powerful tool in achieving ecological goals, can prove cost-effective for the government and would be less subject to volatile fluctuations than conventional currencies
Description
Graduate
Date
2023-01-01