Unlike many forestry businesses, however, PE doesn’t buy land outright from local inhabitants. Instead, the group establishes reforestation/afforestation projects on deforested or degraded land that belongs to local Panamanians. PE provides a lease payment to these partners that exceeds the opportunity cost from the land, along with profit sharing and educational opportunities.
*A correction was made to this introduction since it was first published on Ecosystem Marketplace to reflect the fact that Planting Empowerment currently does not have any projects “reducing greenhouse gas emissions from deforestation and forest degradation” (REDD).*
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Maria Bendana is a research fellow at the Pinchot Institute for Conservation.
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