Investor purchases of REDD-Plus credits will put millions of dollars into local job creation and community development programs in the indigenous communities surrounding the land. These programs will help reduce the pressures that local communities exert on the forest, yet allow local residents to improve their livelihoods.
Dorjee Sun, CEO of Carbon Conservation, noted that this is the first real attempt by a pulpwood producer to measure the difference in carbon conservation between what would have happened in its existing state, what would happen in a pulpwood plantation scenario, and what will happen after preservation.
"Innovation in environmental development has to be closely connected to economic development to make a real impact. The current plan is to protect this land for at least the next 30 years, but just as important is that it will be a highly productive contributor to local community development and reduction in greenhouse gas emissions," said Sun.
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