InfiniteEARTH's Rimba Raya Biodiversity Reserve Becomes World's First REDD+ Project verified under the Verra Sustainable Development Verified Impact Standard and achieves highest rating, contributing to all 17 UN SDGs
Retrieved on:
Monday, September 21, 2020
Verra, a Washington, DC-based non-profit organization, known for developing and managing the world's most widely used voluntary greenhouse gas (GHG) program, the Verified Carbon Standard (VCS).
Key Points:
- Verra, a Washington, DC-based non-profit organization, known for developing and managing the world's most widely used voluntary greenhouse gas (GHG) program, the Verified Carbon Standard (VCS).
- Under SD VISta, projects must quantifiably demonstrate, to a third-party assessor, which of the United Nations' Sustainable Development Goals (SDGs) the project contributes to.
- InfiniteEARTH has created economic incentives for the preservation of tropical peat land forests through its development and sales of carbon credits.
- The sustainable revenue stream from carbon credit sales supports local community development, provincial government infrastructure, and project area protection.