Carbon credits as an alternative for the development of Las Damas, Alluriquín, Santo Domingo

Abstract

Nowadays it is of vital importance to reduce the generation of greenhouse gas emissions. Given the problem of climate change, which has led to seek solutions globally, involving environmental and economic issues, opening the market for carbon credits and green bonds. The main objective of this research was to evaluate carbon bonds as an alternative for the development of the Las Damas, Alluriquín, Santo Domingo area. Based on this, a mixed approach was used, the type of research, bibliographic and field, whose methods were inductive-deductive and historical-logical, with a non-experimental-transversal design, using the documentary review and the survey to collect the information. From the findings, it became evident that the population is unaware of the environmental services provided by the forest and carbon credits. It is concluded that one option is forestry projects through sustainable cattle ranching developing Clean Development Mechanism.