REDD+ Is Rimba Raya’s Success Story @dm1n@rira2016 2016-12-14T18:03:40+00:00
WHAT IS REDD+ ?
REDD+ is an acronym for Reducing Emissions from Deforestation and Forest Degradation.
The ‘+‘ signifies ‘conservation & sustainable development’.
REDD+ projects pursue long-term strategies for addressing the underlying causes of deforestation and degradation. Such long-term programs include providing fuel efficient cook-stoves, development of bio-efficient farming systems and other strategies for the sustainable management of existing forest stocks.
Rimba Raya was the first carbon project to receive REDD+ validation under the Verified Carbon Standard (VCS). It is the single largest REDD+ project in the world, in terms of avoided emissions delivered to date.
Rimba Raya helped develop the first carbon accounting methodology, now used by the United Nations as the global standard.
Funds from REDD+ Revenues are being used to fund employment opportunities and micro-finance programs that diversify (historically) unsustainable income streams.