"Deforestation projects" refers to planned activities or initiatives that result in the removal or destruction of forests or woodland spaces.
Full definition
Buyer interest in offsets generated by protecting forests — thus avoiding deforestation emissions — tripled to total 24.7 million tonnes last year, with
avoided deforestation projects now covering almost 20 million hectares, about the forest area of Malaysia.
Center for American ProgressAccording to Project Catalyst, emission reductions on the low end have improved largely due to countries such as Brazil and Indonesia strengthening their own direct commitments for reductions, rather than, for example, only providing a less expensive offset market through
deforestation projects for developed countries.
Since its launch in February, Code REDD's Stand for Trees initiative has facilitated 35,000 tonnes worth of carbon offset sales from a dozen avoided
deforestation projects across Brazil, Cambodia, Colombia, the Democratic Republic of the Congo (DRC), Indonesia, Kenya, Madagascar, Peru, Zambia, and Zimbabwe.
It buys from avoided
deforestation projects in Borneo and Madagascar, a biomass project in Brazil, and wind, cookstoves, and biomass projects in India — as well as two projects in the United States.
With this disposition, the Brazilian government hopes to stop around 2,6 billion Reais a year (about 1,3 billion US dollars) in financing to
illegal deforestation projects.
Overall, suppliers reported their plans to develop 265 million forest carbon offsets over the next five years, with Overall, suppliers reported their plans to develop 265 million forest carbon offsets over the next five years, with more than 200 million tonnes of this planned volume coming from
avoided deforestation projects.
The Nature Conservancy did an avoided
deforestation project (a forest carbon project) in Peru, and worked with the government there to put specific restrictions on an area that had been suffering from illegal logging.
For each tree planted, a tonne of carbon will be saved in the Amazon Rainforest through our avoided
deforestation projects.
Last December, the entity formerly known as Merrill Lynch became the first major U.S. bank to invest in an avoided
deforestation project, putting $ 9 million towards rainforest conservation in Sumatra.
From technology transfer to developing nations, carbon capture and sequestration to buying carbon credits from avoiding
deforestation projects, COP15 will lay down a new international regulatory framework for climate change.
Nuclear power, carbon capture and storage and avoided -
deforestation projects are exempt, but this could change in the future.