Eco-Currency and Sustainability: A Case of the Mata Atlantica Forest
Conference Year
January 2023
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
Primary Faculty Mentor Name
Joshua Farley
Status
Graduate
Student College
College of Agriculture and Life Sciences
Second Student College
Graduate College
Primary Research Category
Social Science
Eco-Currency and Sustainability: A Case of the Mata Atlantica Forest
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