Fair Environmental Markets
The Fair Environmental Markets Initiative aims for the emergence of a scheme of Fairness and Transparency that encourages active engagement of local communities, environmental integrity and equitable distribution of benefits of carbon projects.
It is a strategic partnership forged between regions, governments, private sector, organizations (NGO/IGO) mostly from West Africa and Latin America, strengthened as the trustees of the planet's major remnants of primary forests and biodiversity, these regions have the opportunity to position themselves as environmental creditors and pioneer a holistic approach towards carbon markets.
Encourage the active engagement of local communities, as well as ensure the conservation and environmental integrity of their ecosystems.
Foster the use of innovative technologies and SDG-aligned development to strengthen traceability and credibility in carbon projects.
Focus on closing the price gap and equalize the benefits of carbon markets to boost investment for sustainable development.
Empower the voices of communities and stakeholders to achieve greater equity and transparency in carbon markets.
This initiative had a great dynamism from the beginning with the accompaniment of Colombia, Dominican Republic, Argentina, Ecuador and partners from West Africa, who are key players in biodiversity preservation and environmental integrity issues on a global scale.
The Climate and Biodiversity Loss Crisis demands unprecedented proactive leadership, which is key to promote a new climate governance based in the development of a new approach to transparency and equity in carbon markets.
Events and participation
With its participation, the Environmental Markets Fairness Foundation aims to address environmental integrity issues on a global scale:
Sharm El Sheikh, Egypt
November 6th to 18th, 2022
The Environmental Markets Fairness Foundation actively participated in COP27 at Sharm El Sheikh.
As part of the agenda, we co-organized the side event Fair Carbon Markets Initiative, a South-South voluntary cooperation to overcome the climate finance barrier during Adaptation Day, that led to a reflection on the reality of the regions most vulnerable to the effects of climate change from the perspective of the Global South with the main goal of fostering transparency and integrity in carbon markets.
On Solutions Day (November 17th), we participated in the side event Digital MRV for enhanced Fairness in Climate Action, where we discussed how digital MRV can help enhance fairness in climate action and transparency, integrity and equity in the future of carbon markets.