This project supports local communities, to assists with sustainable development activities such as healthcare, education, and infrastructure like wells and bridges.
SITUATION
These projects combine both reforestation and afforestation activities with biodiversity protection and ecosystem regeneration.
Forestry Projects
They ultimately transform lands into forests that act as a carbon sink and sequester large amounts of carbon as well as offering a natural habitat for native wildlife.
SOLUTION
Climate Reforestation projects can lack investment due to marginal, hard-to-reach locations. The project can boost local small economies by creating local employment during both the construction and operational phases, stimulating climate skills technology in developing countries
IMPACT
Projects generate a range of significant environmental and socio-economic benefits. By mixing afforestation and reforestation activities, they conserve remaining forests and promotes ecosystem interconnectivity by establishing ecological corridors which improves biodiversity and protects natural resources.
OUTCOME
Income from secure job opportunities with legal protections for workers helps alleviate local poverty, with leadership and development programs also offered to employees. The project educates the community on climate change and the importance of sustainability activities.
Verification
Certified projects must meet strict certification and verification standards
Transparency
Information on the project is made readily available to the public
Efficiency
Projects should offer efficient methods to remove carbon
Validity
Projects must be certified to world standards and fully documented
Additionality: The project is justified and the the carbon emission reductions achieved by the project would not have occurred without the additional funding.
Permanence: Projects should demonstrate that the emissions reductions achieved by the project will be permanent and the carbon must remain stored for a long enough period to achieve the intended climate benefit.
Verification: Projects must be verifiable and correctly accounted for, have a low risk of non-additionality, reversal, creating negative unintended consequences, and all forms of double-counting, including double-claiming of the emission reduction benefit, are avoided.
Co-benefits: Projects may have have additional co-benefits such as poverty reduction, biodiversity conservation, and sustainable development and this should be considered.
Verra carbon credits are issued under the Verified Carbon Standard (VCS) Program, a leading greenhouse gas (GHG) crediting program. Verra sets the world’s leading standards for climate action and sustainable development. VCS projects have reduced or removed nearly one billion tons of carbon from the atmosphere with activities that reduce and remove emissions, improve livelihoods, and protect nature.
