REDD stands for 'Reducing Emissions from Deforestation and Degradation'.
A REDD carbon credit is a carbon market mechanism created to reduce emissions from deforestation and forest degradation in developing countries.
Deforestation accounts for up to 18% of global carbon emissions (more than transport and aviation combined). The act of deforestation is a double-edged sword due to the tonnes of carbon emitted by the act of deforestation and the loss of critical carbon abatement resources.
Carbon Planet REDD projects address the need for carbon emission mitigation while offering a full spectrum of sustainable benefits.
All of Carbon Planet's REDD projects deliver the following:
Quality carbon projects consider the needs of business, society and the environment together, striking a sustainable balance.
Carbon Planet is a pioneer in carbon management and developing carbon origination projects. Carbon Planet's scientific teams are of the most experienced in the world, developing ground breaking project methodologies to ensure the best possible long term result for the project.
On 19 March 2011 Carbon Planet's forest carbon accounting methodology was formally approved by the Verified Carbon Standard Association. This is a 'world-first' achievement by Carbon Planet's science team and opens up vast new opportunities for forestry protection projects.