Article Dans Une Revue GIGA Focus. Afrika Année : 2025

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.

Fichier non déposé

Dates et versions

hal-05246387 , version 1 (09-09-2025)

Identifiants

Citer

Quentin Grislain, Christoph Kubitza. Global carbon markets and rural development in Madagascar. GIGA Focus. Afrika, 2025, 3, 12 p. ⟨10.57671/gfaf-25032⟩. ⟨hal-05246387⟩
52 Consultations
0 Téléchargements

Altmetric

Partager

  • More