Investment Fund and Ecological Group Compensate Mexican Farmers for Carbon Capture
The Multilateral Investment Fund (MIF), member of the Inter-American Development Bank (IDB) Group recently approved a US $845,000 for a project with the Sierra Gorda Ecological Group, I.A.P (GESGIAP). The project will seek to enhance the capacity of 5,000 small-scale producers and market gardeners to mitigate and adapt to climate change through the transfer of a holistic management approach that will allow them to regenerate the soil, improve productivity and generate ecosystem services, such as carbon sequestration and water infiltration. The adoption of the holistic approach will also help them increase their income, lower costs for inputs and get compensation for carbon sequestration in the soil.
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