Providing overview of the market place and its developments
An important added value of participating in RBI is the strong learning component. RBI is operating in different policy fields under rapid development, including the voluntary and compliance carbon markets, the conservation of biodiversity and the achievement of the Sustainable Development Goals. RBI provides businesses information about relevant developments in these fields as well as a platform in which members interact, share experiences, knowledge and challenges.
Providing guidance on incorporating REDD+ in the business strategy
RBI was established to stimulate businesses to participate in the implementation of REDD+ via voluntary action. RBI members are incorporating REDD+ into their climate and sustainability strategies in a variety of ways. Most of them participate by purchasing forest based carbon credits (REDD+ credits) in order to quickly achieve their climate change targets like carbon neutrality, to fulfil cradle-to-cradle requirements or to offer carbon neutral products. In all cases a step-by step approach is needed in which the first step is to measure the impact of the company, followed by reducing the impact wherever possible and as a final step offsetting the unavoidable emissions. As the voluntary carbon market is still fragmented and in an early phase of maturity, most companies need guidance on how to participate in a safe and reliable way.
Therefore RBI is helping members by:
offering access to reliable producers of REDD + credits
offering the possibility to purchase credits (or sustainable commodities) from RBIs certified Flagship projects where potential risks around REDD + are adequately managed.
Calculate your carbon footprint through the REDD+ Business Initiative
Companies can use the free online carbon calculator developed by Ecosphere+ to measure their carbon footprint as a first step towards incorparating REDD+ in their business strategy.