REDD+ Business Initiative partners realized a 14,6 MtCO2 emission reduction in five years

Since the official start of the REDD+ Business Initiative in 2013, its members collectively purchased CO2 credits from REDD+ projects to the equivalent of 14,6 MtCO2  which is an increase of 4,3 MtCO compared to December 2018. Of this amount, 2,3 MtCO2 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. The expectation is that the amount of credits purchased by the RBI members will further increase in the coming years.