TY - JOUR
T1 - Embedding Carbon Markets
T2 - Complicating Commodification of Ecosystem Services in Mexico's Forests
AU - Osborne, Tracey
AU - Shapiro-Garza, Elizabeth
N1 - Publisher Copyright:
© 2018 by American Association of Geographers.
Copyright:
Copyright 2018 Elsevier B.V., All rights reserved.
PY - 2018/1/2
Y1 - 2018/1/2
N2 - Payments for ecosystem services (PES) are increasingly employed to address a range of environmental issues, including biodiversity conservation, watershed protection, and climate change mitigation. PES initiatives have gained momentum since the 1990s, and market enthusiasts have promoted them as not only cost effective but generative of social and ecological co-benefits for local communities. Whereas the neoliberalization and commodification of nature has been well explored in geographic and critical scholarship, there is a dearth of theoretically informed, empirically grounded research exploring the dynamics and outcomes of the formation of “markets for nature.” Our study applies theories of commodification and embeddedness to examine these themes in comparative cases of two emergent markets for forest-based carbon offsetting initiatives in Mexico: Scolel Té in Chiapas and the Integrator of Indigenous and Campesino Communities of Oaxaca (ICICO). Although developed over similar time periods and in contiguous states, the two cases vary greatly in the degree to which carbon has been commodified and the markets embedded within the socionatural systems of the sites of production. Through detailed case studies, we demonstrate how interactions of these markets with preexisting social relations, institutions, and social and cultural values—the stuff of embeddedness—are critical for understanding the outcomes associated with markets for ecosystem services. We conclude that greater embeddedness is likely to lead to more positive local outcomes but that the embedding of forest-based carbon markets requires considerable time and extensive networks of nonmarket support and is furthermore dependent on the structure and orientation of finance and the political, institutional, and economic agrarian context of the sites of production.
AB - Payments for ecosystem services (PES) are increasingly employed to address a range of environmental issues, including biodiversity conservation, watershed protection, and climate change mitigation. PES initiatives have gained momentum since the 1990s, and market enthusiasts have promoted them as not only cost effective but generative of social and ecological co-benefits for local communities. Whereas the neoliberalization and commodification of nature has been well explored in geographic and critical scholarship, there is a dearth of theoretically informed, empirically grounded research exploring the dynamics and outcomes of the formation of “markets for nature.” Our study applies theories of commodification and embeddedness to examine these themes in comparative cases of two emergent markets for forest-based carbon offsetting initiatives in Mexico: Scolel Té in Chiapas and the Integrator of Indigenous and Campesino Communities of Oaxaca (ICICO). Although developed over similar time periods and in contiguous states, the two cases vary greatly in the degree to which carbon has been commodified and the markets embedded within the socionatural systems of the sites of production. Through detailed case studies, we demonstrate how interactions of these markets with preexisting social relations, institutions, and social and cultural values—the stuff of embeddedness—are critical for understanding the outcomes associated with markets for ecosystem services. We conclude that greater embeddedness is likely to lead to more positive local outcomes but that the embedding of forest-based carbon markets requires considerable time and extensive networks of nonmarket support and is furthermore dependent on the structure and orientation of finance and the political, institutional, and economic agrarian context of the sites of production.
KW - Mexico
KW - carbon markets
KW - commodification and neoliberalization of nature
KW - embeddedness
KW - payments for ecosystem services
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U2 - 10.1080/24694452.2017.1343657
DO - 10.1080/24694452.2017.1343657
M3 - Article
AN - SCOPUS:85027117582
VL - 108
SP - 88
EP - 105
JO - Annals of the American Association of Geographers
JF - Annals of the American Association of Geographers
SN - 2469-4452
IS - 1
ER -