Oddar Meanchey REDD+ VCS PD
Reduced Emissions from Deforestation and Degradation In Community Forests - Oddar Meanchey, Cambodia. Developed by Terra Global Capital for the Forestry Administration of the Royal Government of Cambodia.
Reduced Emissions from Deforestation and Degradation In Community Forests - Oddar Meanchey, Cambodia. Developed by Terra Global Capital for the Forestry Administration of the Royal Government of Cambodia.
This paper, developed for the Governors’ Climate and Forests Task Force (“GCF”) introduces an Integrated REDD (IREDD) system, which is a nested REDD system where (1) credits can only be generated from formally registered project areas, (2) incentives are built-in to maximize the formally registered project area within a given jurisdiction, and (3) funding mechanisms are in place to support government programs and policies that promote reductions in deforestation but have no direct and causal relation with empirically observed emission reductions.
The Royal Government of Cambodia and the Forestry Administration, along with Community Forestry International and Terra Global Capital, designed the first Cambodian REDD (Reducing Emissions from Deforestation and Degradation) emissions reduction program.