Indigenous Peoples and other communities hold and manage 50 to 65 percent of the world’s land, yet governments recognize only 10 percent as legally belonging to these groups, with another 8 percent designated by governments for communities. That’s bad economic policy. WRI’s new report, Climate Benefits, Tenure Costs: The Economic Case for Securing Indigenous Land Rights in the Amazon, examines the value of lands legally held by Indigenous Peoples in Colombia, Brazil and Bolivia. We found that these “tenure-secure” indigenous lands generates billions and sometimes trillions of dollars’ worth of benefits in the form of carbon sequestration, reduced pollution, clean water and more.