Brazil Nut Concessions in Madre de Dios
REDD+ Brazil Nut Concessions
Peru | £4.55per CO2 tonne
This is a world-class REDD+ project focusing on rainforest conservation in the heart of Peru. Run by our partner Bosques Amazonicos SAC (BAM) this project aims to reduce deforestation in over 300,000 hectares of Peruvian Amazon and reduce millions of tonnes of carbon dioxide from entering the atmosphere due to illegal deforestation.
In total over the whole period of the project, an estimated 64,668,764 tCO2e will be secured from deforestation as stored carbon within the trees and soil. BAM estimates that without this project deforestation would destroy approximately 34% of the project area by 2040.
BAM is a private, for-profit, company established in 2004. The project is a collaboration between BAM and over 400 Brazil nut concessions and land-owners who want to help protect their forest.
This project is certified by Verified Carbon Standard (VCS) and Climate, Community and Biodiversity Standard (CCBS) which means the project must meet certain standards and provide measurable results to show that the carbon within the rainforest has been secured and deforestation is not occurring.
Good for Earth
Situated in the Madre de Dios region of Peru, an area known as Peru’s capital of biodiversity it is home to some of the world’s rarest wildlife. The project is recognised as providing exceptional benefits to biodiversity along with its large carbon benefits.
Deforestation is the second-largest source of carbon emissions after fossil fuels, with the rate of deforestation sadly still increasing despite huge efforts to stop it. The main drivers are land clearing for agriculture and illegal logging and mining. Therefore projects such as these are vital to protecting large areas of rainforest.
A REDD+ project stands for Reduce Emissions from Deforestation and Degradation. The idea is that by placing a price on a natural asset in this case the rainforest countries will take greater measures to protect it thereby reducing forest loss, increasing conservation management and increasing GHG removal.
Brazil nuts are an important part of forest conservation because they only grow on trees exclusive to these native forests, therefore if these areas are not protected local people could lose their main source of income.
Positive for people
This project has helped a total of 405 families in the area by establishing initiatives that increase the value of the healthy forest as well as making sure their income from sustainable brazil nut harvesting in maintained.
As part of the project, BAM is constructing a processing plant which will provide additional employment to the local people; a nursery which will produce 100,000 seedlings a year to maintain the Brazil Nut trees and contribute to reforestation efforts; and will help to train deforestation agents in more sustainable practices such as agroforestry.
We will be providing live satellite data each month from the projects. Coming Soon.
Project SDGs *Sustainable Development Golas
Why this project?
Earthly are passionate about supporting the best nature-based solutions as confirmed by our science board. We feel REDD+ is a good step in reducing the amount of deforestation taking place in the Amazon.
The protection of existing carbon sinks such as the Amazon is vital in tackling the climate crisis as well as working with indigenous communities to ensure correct protection of the land as well as ensuring social development.
News and views
Open Access Government speak to Oliver BoltonFebruary 2021
Open Access Government spoke to Oliver Bolton, CEO of Earthly about the priorities to increase global climate ambition
Marie Claire: How a year in lockdown changed beauty foreverFebruary 2021
Marie Claire beauty columnist and influencer, Ateh Jewel, shared some insights as to how lockdown has affected the
The Number That Could Shape The FutureFebruary 2021
On the 20th January Biden announced the recommencement of the Interagency Working Group (“IWG”), and tasked them with
Evolve Beauty Join The “Natural Revolution” Partnering With EarthlyFebruary 2021
COSMOS-certified natural skin, hair and bodycare brand Evolve Organic Beauty announced its partnership with Earthly in January 2021.
Businesses Urged To Join The ‘Natural Revolution’January 2021
Startups Magazine featured Earthly as a tech platform providing businesses with a new way to lead the fight
The Problem with Palm OilDecember 2020
Palm Oil is an incredibly common commodity found in hundreds of products from make-up and soap, to ice-cream
How are businesses fighting climate change?November 2020
Fighting climate change is a pretty big challenge. And that’s why it needs collective action, not just from
Why Do We Need Trees?November 2020
Trees are the oldest living organisms on Earth, and have been changing and adapting Earth’s atmosphere for over
Earthly Named In Europe’s Top 25 Climate Start-upsNovember 2020
Business Insider asked a number of notable investors in the cleantech space to provide their picks of companies