TEREA: FSC-certified REDD + Concession in the Upper Nyong area - DMAs and FSC certification on the rise
In this report: (1) Project Description ( 2) Implications of the resurgence of DMAs and project impacts on biomass ( 3) Methodology and estimates of emissions reductions and carbon credits expected from the IFM- ERA project (4) Monitoring (5) Financial analysis : Cost per Ton of CO2 averted (6 ) Co- benefits and project replicability...
Extract of main conclusions of the report:
The REDD + mechanism could present a viable alternative for the preservation of commercial species in the context of the Congo Basin’s managed concessions and thus preserve the commercial value of forests exploited in successive cycles. However, given the current state of carbon markets, the selling price of REDD + credits and the lack of guarantees of the possibility of a forest concession holder conducting long term operations, establishing a REDD + project hardly looks like an appealing financial prospect.
Thus, based on the proposed methodology for estimating emissions reductions, it is advisable to do the following prior to implementing this type of project:
♦ studies on the reconstitution dynamics of the post- exploitation biomass according to varying degrees of collection;
♦ An analysis in consultation with stakeholders of how to share benefits and opportunities for implementing safeguards for long term exploitation of resources to ensure project sustainability while taking into account the impact on the national economy (lower tax revenues, employment and social welfare contributions, etc.).
♦ An analysis of the longer term economic impacts of the project (2 cycles).
Please download the report:
FSC certified REDD + Concession in Upper Nyong -DMAs and FSC certification on the rise
Flyer: Appui à la gestion durable des forêts du Bassin du Congo et du Bassin Amazonien brésilien - Support for the sustainable management of forests in the Congo Basin and the Brazilian Amazon Basin