5 August 2010
Markit is setting up a first-of-its-kind environmental assets registry for the Brazilian state of Amapá, with a likely focus on managing credits from reduced emissions from deforestation and degredation projects.
“Amapá is located in the northern part of Brazil and nearly 90% of our state is comprised of Amazonian rainforest,” said state governor Pedro Paulo Dias Carvalho.
“The rainforest and the wealth of biodiversity is a resource of great value to our citizenry. The government of Brazil and the state of Amapá recognises this value and the need to create a robust and transparent market to protect our environmental assets, and the agreement with Markit is one component to create that market.”
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