WHILE REGULATION SLEEPS: BENEFITS OF REDD+ AND STATE-OWNED COMPANY'S PERFORMANCE IN THE VOLUNTARY CARBON MARKET

Abstract

Based on the urgent need to curb climate change and create an instrument aimed at repairing the environment, the study highlights the potential of Maranhão, a state in Brazil on the one hand rich in biodiversity, a component of the Legal Amazon and, on the other, with events of environmental degradation and devastation. Thus, the objective of the research is to analyze the movement of the mixed economy company Maranhão Parceria, as a market agency, promotion and financial management of the REDD+ and PES policy, on the possible benefits found in the decarbonization market. The methodology is exploratory and documental with a qualitative approach. The research strategy adopted the case study: Maranhão Partnerships (MAPA), with a time frame from 2021 to 2023 of the actions in decarbonization managed by the company. The theoretical framework is based on the idea that the creation of environmental policies headed by the State, as an agent to supervise and save the interests of its nationals, is little or almost invisible, but the private initiative is present aiming at its interests and needs (Porto-Gonçalves, 2017; Back, 2011). It is observed that the new experience of Maranhão Partnerships, even with a narrow expression, may be at the center of the stage as a relevant fostering agent in the reduction of emissions from deforestation and environmental degradation.