Global carbon markets and rural development in Madagascar

Grislain Quentin, Kubitza Christoph. 2025. Global carbon markets and rural development in Madagascar. GIGA Focus. Afrika (3), 12 p.

https://doi.org/10.57671/gfaf-25032

Article de revue ; Article de recherche ; Article de revue sans comité de lecture

Version publiée - Anglais
Accès réservé aux personnels Cirad
Utilisation soumise à autorisation de l'auteur ou du Cirad.
Global Carbon Markets and Rural Development in Madagascar (2).pdf
Télécharger (1MB) | Demander une copie

Url - éditeur : https://www.giga-hamburg.de/en/publications/giga-focus/global-carbon-markets-and-rural-development-in-madagascar

Résumé : Nature-based carbon offset initiatives have proliferated across the Global South through the voluntary carbon market (VCM). Although often framed as “win-win” solutions for both climate mitigation and local development, evidence from Madagascar suggests that the VCM's development potential should be ap- proached with caution due to three key constraints. The sector comprises a diverse range of actors, including governmental agen- cies, non-governmental organisations, and private sector entities. The latter often prioritise corporate profit over development outcomes for local commu- nities. Notably, dominant carbon standards remain silent on stringent bene- fit-sharing mechanisms, allowing companies to establish projects with mini- mal community engagement. There is often a significant gap between investment commitments and actual implementation, raising concerns about the scale and durability of such pro- jects, as well as their impact on local communities and territories. Even for community-based initiatives, the financial sustainability and scala- bility of projects remains uncertain due to the volatility of carbon-credit prices and structural barriers on the ground. At the same time, many rural commu- nities in Madagascar live below the international poverty line, and enabling their participation in carbon markets can serve as a valuable strategy for di- versifying income portfolios.

Mots-clés Agrovoc : développement rural, marché, changement climatique, communauté rurale, gestion des ressources naturelles, secteur privé, politique de l'environnement, investissement étranger, reconstitution forestière, approche participative, financement, volatilité des prix, carbone, participation communautaire