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Tree credits

Tree credits is concept of community-based agroforestry whereby the tree planter/ caretaker is rewarded during several years for her/his climate services. The system has been developed in response to the need for a simple way to get carbon credits to the individual planter with a minimum of overheads, and to simplify implementation and monitoring of such projects by using for-profit methods, much like microfinance.

History

Tree credits have been calculated as stormwater credits,[1] and using a tree carbon calculator.[2]

A tree credits system using cryptocurrency was developed by Ferdinand Swart.[3]

Several community tree planting where designed or influenced by tree credits methods (OARM, PSA, GPS).[citation needed] The Indian state of Karnataka introduced plans for tree credits in 2016.[4]

See also

References

  1. ^ Marritz, Leda (March 25, 2013). "How Do You Calculate Stormwater Credits for Trees? Part 1: Why tree-based credits are hard to quantify". Deeproot, Green Infrastructure for Your Community. Retrieved 2019-09-24.
  2. ^ "Risk and returns of selling trees for carbon credits". FutureBeef. October 30, 2017. Retrieved 2019-09-24.
  3. ^ "Resources". Treecoins. 2017-11-01. Retrieved 2019-09-24.
  4. ^ Jain, Bhavika (Sep 25, 2016). "Tree plantation: Grow money! 'Tree credits' set to be reality | Mumbai News - Times of India". The Times of India. Retrieved 2019-09-24.