Carbon credits as an alternative for the development of Las Damas, Alluriquín, Santo Domingo
Main Article Content
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.
Downloads
Article Details

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Licensing Agreement
This journal provides free access to its content through its website following the principle that making research available free of charge to the public supports a larger exchange of global knowledge.
Web content of the journal is distributed under a Attribution-NonCommercial-ShareAlike 4.0 International.
Authors may adopt other non-exclusive license agreements for the distribution of the version of the published work, provided that the initial publication in this journal is indicated. Authors are allowed and recommended to disseminate their work through the internet before and during the submission process, which can produce interesting exchanges and increase citations of the published work.
References
Aguirre, N., Erazo, A., and Granda, J. (2017). Possibilities for the commercialization of carbon credits from the dry forest of Loja province, Ecuador. Bosques Latitud Cero, 7(2), 98-115. https://revistas.unl.edu.ec/index.php/bosques/article/view/324
Argüello, J., Mahecha, L., and Angulo, J. (2019). Forage shrubs: importance in Colombian lowland tropical livestock. Agron. Mesoam. 30 (3). 899-915. https://www.redalyc.org/journal/437/43760145019/html/
Artunduaga, L. and Escobar, Y. (2016). Identification of payment for environmental services carbon sequestration in livestock systems of the La Mono micro-watershed in the municipality of Belén de los Andaquíes. [Master's thesis, Universidad de la Amazonia].
Báez, N. (2018). Economic valuation of the environment and its application in the Cuban livestock sector. Pastures and Forages, 41(3), 161-169. http://scielo.sld.cu/scielo.php?script=sci_arttextypid=S0864-03942018000300001ylng=esytlng=en.
Bolsa de Valores Quito (Quito Stock Exchange) (n.d.). Framework Agreement for Interinstitutional Cooperation - Ministry of the Environment and BVQ. www.bolsadequito.com/index.php/blog-2/464-convenio-marco-de-cooperacion-interinstitucional-ministerio-del-ambiente-y-bvq
Quito Stock Exchange (2022). Green, social and sustainable bonds guide for Ecuador 2022.
Díaz, M. (2016). Carbon credits: an instrument in the international financial system. Revista Libre Empresa. 13(1), 11-33. http://dx.doi.org/10.18041/libemp.2016.v13n1.25106
Encinas, A. (2000). Proposal of a landscape analysis methodology for the visual integration of forestry actions: from planning to design. [Doctoral Thesis. Universidad Politécnica de Madrid]. https://oa.upm.es/656/1/07200002.pdf
GAD Parroquial Rural Alluriquín (2023). Livestock. http://www.alluriquin.gob.ec/index.php/ct-menu-item-33/ct-menu-item-39
Gallardo, E. (2017). Metodología de la Investigación: manual autoformativo interactivo. Huancayo: Universidad Continental.
Gallegos, M. (2012). The carbon market: Economic benefits for Ecuador.
Gamba, C. A. (2015). The alliance of small island states and the securitization of climate change in the United Nations framework convention on climate change (1992-2012). https://repository.urosario.edu.co/handle/10336/10570
Hernández, R. and Mendoza, C. (2018). Research methodology: Quantitative, qualitative and mixed routes. Mexico: Mc Graw Hill.
Junca, D, Hernández, M., Marín, J. (2022). Perceptions on the importance of environmental services of the urban wetland molinos de San Roque de Xalapa, Veracruz, Mexico. Journal of Basic Sciences, 8(23), 154-161. https://doi.org/10.19136/jobs.a8n23.5355.
León, M. (2012). Feasibility of international marketing of carbon credits as a contribution to ecotourism development-PDF Free Download. https://docplayer.es/3149098-Viabilidad-de-la-comercializacion-internacional-de-bonos-de-carbono-como-contribucion-al-desarrollo-del-ecoturismo.html
León, V., Torres, B., Luna, M. and Torres, A. (2020). Perception of climate change in four cattle-oriented communities in the central Ecuadorian Andes. Livestock Research for Rural Development. 32 (10). https://repositorio.ikiam.edu.ec/jspui/bitstream/RD_IKIAM/422/1/A-IKIAM-000229.pdf
Lino, K. and Marmolejo, C. (2019). Clean Development Mechanism (CDM) and green bonds as financial mobilizers An opportunity for climate-aligned investments in Latin America? in XIII CTV 2019 Proceedings: XIII International Conference on Virtual City and Territory: "Challenges and paradigms of the contemporary city": UPC, Barcelona, October 2-4, 2019. Barcelona: CPSV,2019, 1-23. DOI http://dx.doi.org/10.5821/ctv.8543
Maldonado, C., Paniagua-Zambrana, N., Bussmann, R. W., Zenteno-Ruiz, F. S., and Fuentes, A. F. (2020). The importance of medicinal plants, their taxonomy and the search for a cure to the disease causing coronavirus (COVID-19). Ecology in Bolivia, 55(1), 1-5.
Millennium Ecosystem Assessment (n/d). Millennium Ecosystem Assessment. Synthesis Report. https://www.millenniumassessment.org/documents/document.439.aspx.pdf
Millennium Ecosystem Assessment Board (2005). Biodiversity Synthesis. Watson, R and Zakri, A. https://www.millenniumassessment.org/documents/document.354.aspx.pdf
Ministry of the Environment (2013). Informe de Cálculo de la Huella Ecológica del Ministerio del Ambiente. 15.
Ministry of the Environment (n.d.). Ministry of the Environment and the Quito Stock Exchange signed an agreement for the development of green financial products. https://www.ambiente.gob.ec/mae-y-bnf-firman-convenio-marco-de-cooperacion-interinstitucional/
Moreno, C. M. H., and Barreto, S. M. (2013). Methodology for valuation of environmental services in the Mojana ecoregion. 72.
Nayar, G and Lizarraga, J. (2019). Project financing with carbon credits applied to the Argentine livestock industry. National University of Tucumán. http://repositorio.face.unt.edu.ar:8920/bitstream/handle/123456789/28/FINANCIACI%c3%93N%20DE%20PROYECTOS%20CON%20BONOS%20DE%20CARBONO%20APLICADO%20A%20LA%20INDUSTRIA%20GANADERA%20ARGENTINA.pdf?sequence=1yisAllowed=yANCIACI%c3%93N%20DE%20PROYECTOS%20CON%20BONOS%20DE%20CARBONO%20APLICADO%20A%20LA%20INDUSTRIA%20GANADERA%20ARGENTINA.pdf?sequence=1yisAllowed=y
Nieto, L. (2018). Green economy and rights of nature: the socio-forest project in Ecuador. Nuestrapraxis. Journal of Interdisciplinary Research and Legal Criticism, year 1(2), 56-74. DOI: http://dx.doi.org/10.52729/npricj.v1i2.22
Rúa, C. (2022). Small ruminant meat and dairy production, a sustainable alternative for Latin America. Rev. Fac. Nac. Agron. Med, 75(Suplemento), 59-61. https://revistas.unal.edu.co/index.php/refame
Oion, R. and Aranguren, E. (2021). Epistemological rethinking of SWOT/FODA situational analysis in Social Work. Cuadernos de Trabajo Social, 34(1), 115-137.
Palacios, I., Castro, S. and Rodríguez, F. (2019). Carbon storage as an environmental service in three nature reserves in Ecuador. Revista Geoespacial, 16(1), 1-14. https://doi.org/10.24133/geoespacial.v16i1.1275
Plan de Desarrollo y Ordenamiento Territorial Alluriquín 2030. GAD Parroquial Rural Alluriquín. http://www.alluriquin.gob.ec/images/diciembre2020/PDOT-Alluriqu%C3%ADn-consolidado_2020-2023.pdf
UNDP (2019). New partnerships for the generation of green bonds in Ecuador. https://www.undp.org/es/ecuador/noticias/nuevas-alianzas-para-la-generacion-de-bonos-verdes-en-ecuador
Severino, V., Perezgrovas, R., Ahuja, C., Montiel, F., Peralta, J., and Segura, J. (2021). Socioeconomic and technological characterization of productive systems with Criollo cattle in Campeche, Mexico. Acta universitaria, 31. https://doi.org/10.15174/au.2021.3102
Vargas, C., González, J. and Rueda, M. (2022). Environmental assessment in the current scenario and with carbon credits: La Cortadera páramo, Boyacá department, Colombia. Perspectiva Geográfica, 27(1), 125-145. https://doi.org/10.19053/01233769.11953
Washington, N. C. O. de. (2017). The rise of green bonds: Financing for development in Latin America and the Caribbean. https://repositorio.cepal.org/bitstream/handle/11362/42230/1/S1700985_en.pdf