Since the official start of the REDD+ Business Initiative in 2013, its members collectively purchased CO2 credits from REDD+ projects to the equivalent of 10,3 MtCO2. Of this amount, 1MtCO2 comes from the RBI’s Flagship project Tambopata-Bahuaja Biodiversity Reserve in Peru.
With these purchases, the members helped not only to preserve large areas of pristine tropical forests, but also contributed to the improvement of agricultural practices, land rights and trade channels for local farmers and communities. This includes the aim to create a sustainable land use model. The expectation is that amount of credits purchased by the RBI members will increase over the coming years.