The financial and environmental benefits from participating in carbon markets provide a clear incentive for tribes to become market actors. The National Indian Carbon Coalition published an article Carbon Credits Help Tribes Preserve Culture, Climate and Bottom Line in early 2016, describing how securing a USDA Conservation Innovation Grant was a game-changer in improving tribal access to carbon markets, and the wide array of benefits market participation brings. Tribes that have taken part in carbon transactions have indicated that credit sales provide a new way to make money while improving wildlife habitat, expanding the tribes natural resource program, and acquiring and protecting land in its ancestral territory. In other words, forest carbon projects are typically very closely aligned with tribal nations long-term view of sustainable land management and use of natural resources. Carbon payments could be a very important boost to these underserved communities, and we expect that more tribes will make the move to participate in the carbon compliance market in 2017. In fact, last year, the protocol rules for the California market were expanded beyond the lower 48 U.S. states to include Alaskaopening the door for even more tribes to engage.
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