this post was submitted on 07 Nov 2024
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UK Nature and Environment

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Nature campaigners have called for taxpayers to take stakes in forest and peatland projects designed to store carbon, to avoid all the profits from carbon credits going to private investors.

A report from the Revive Coalition, an umbrella group for Scottish land reform and conservation charities, says carbon credits also need to be used much more effectively to bolster demand and help the UK meet its net zero targets.

It argues that current policies are failing to restore nature quickly enough: it notes that upland areas are so heavily degraded by overgrazing and deforestation that Scotland is one of the most nature-depleted countries in the world.

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