
Wild Works has created an entire economy out of the program. Over 140 rangers who work for the company monitor a vast expanse of land that includes 500,000 acres of wood and 110,000 people. The rangers work to prevent poaching and deforestation. Wild Works is then audited by a group called the Verified Carbon Standard, who are in charge of verifying the number of credits earned by a particular entity.
After it is determined how many carbon credits have been earned, Wild Works are free to sell them to whoever they wish, and have sold to companies like Coca-Cola, Microsoft, and Barclays. Wild Works estimates annual revenue between $3.5 and $7 million dollars for these transactions, with the earnings split between the company’s workers, Kasigau’s landowners, and community projects that further benefit the area of Kasigau.
Source: http://news.nationalgeographic.com/news/2014/07/140705-kenya-elephant-poaching-carbon-credits-world-science/
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