Tuesday, April 29, 2025

Today is REDD+ Knowledge Day. On the agenda, Transfer of Ownership of Carbon Credits. But what is REDD+?

Share

Thursday, June 27, 2024.

In response to the UNFCCC, ‘REDD’ means ‘Decreasing emissions from deforestation and forest degradation in growing nations’. The “+” represents further forest-related actions that shield the local weather, particularly sustainable forest administration and the conservation and enhancement of forest carbon shares.

  • “Once this carbon has been assessed and quantified, the final phase of REDD involves developed countries paying developing countries carbon offsets for their standing forests”, and

  • “The implementation of REDD+ must coexist with significant emissions reductions in both developed and developing countries.”

REDD+ Data Day is a collaborative effort that goals to advertise the trade of data and experiences associated to the implementation of REDD+.

Organized by UN-REDD Programme and by World Financial institutionin colaboration with Forest Carbon Partnership Facility (FCPF) e BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL)beneath the steerage of the Norwegian authorities, see this system of Workshop of as we speak “REDD+ Knowledge Day: Evidence to Action Now” by clicking on the image below.

Transfer of Carbon Credit Ownership” is the title of one of many panels. Related subject in occasions when the authorized nature of carbon credit can also be is being legally discussedafter a requirement from the identical World Bank.

About these organizations, here is some information and other references:

UN-REDD Programme. Provides technical assistance and expertise, helping 65 partner countries protect their forests, access finance, and achieve their economic and climate objectives through REDD+.

Forest Carbon Partnership Facility. Associated to a carbon credit score normal for World Bank’s Forest Carbon Partnership Facility (FCPF), for the quantification, monitoring, reporting and verification of reductions in greenhouse gas emissions from REDD+ activities on a jurisdictional scale.

BioCarbon Fund. The BioCarbon Fund is a public-private sector initiative managed by World Financial institution and helps tasks that generate a number of income streams, combining monetary returns from the sale of emissions reductions (i.e. carbon credit) with elevated native incomes and different oblique advantages from sustainable land administration practices. Producing a number of income streams is essential for rural communities that will in any other case have restricted sources of earnings.

Our Main Site

Read more

More News