Certification of Forest Carbon Methodologies

Thursday 13 January 2011 – WASHINGTON – A new methodology for crediting projects that reduce emissions from deforestation and forest degradation (REDD) was approved for use under the VCS Program Thursday. Developed by environmental consultancy Wildlife Works Carbon, the methodology is the fourth new REDD methodology approved by VCS.
 

Forest carbon payments – payments for restoring or planting forest, or for preventing forest degradation or deforestation – can help to prevent and reverse forest loss.

A binding deal on the REDD+ scheme to conserve the world’s forests has never been so close. How to finance REDD+ is still under debate, but experts in Cancun have reiterated that a combination of financing mechanisms will be needed to ensure adequate REDD+ funding.

SAN FRANCISCO--(BUSINESS WIRE)--The Voluntary Carbon Standard (VCS) has approved the first Mosaic REDD methodology after it successfully completed the dual validation process.