Community guidelines for accessing forestry voluntary carbon ... - FAO
Community guidelines for accessing forestry voluntary carbon ... - FAO
Community guidelines for accessing forestry voluntary carbon ... - FAO
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<strong>Community</strong> <strong>guidelines</strong> <strong>for</strong> <strong>accessing</strong> <strong>for</strong>estry <strong>voluntary</strong> <strong>carbon</strong> markets<br />
92<br />
<strong>Community</strong> (http://www.gcca.eu/pages/1_2-Home.html)<br />
provides significant support through governments of Least<br />
Developed Countries (LDC) and Small Island Development<br />
States (SIDS). 28<br />
• Debt <strong>for</strong> nature swaps. Some nature conservation<br />
organizations, such as WWF, and also the World Bank, offer<br />
financial support in exchange <strong>for</strong> nature conservation.<br />
• Philanthropy. Charities such as the Ford Foundation and<br />
commercial entities such as Google, fund programs <strong>for</strong> nature<br />
conservation and reducing de<strong>for</strong>estation. Philanthropic funds<br />
are also sometimes invested in social causes such as poverty<br />
alleviation or uplifting livelihoods.<br />
• Direct ecosystem service fee (e.g. watershed services): in<br />
some cases it may be feasible to acquire funding locally, <strong>for</strong><br />
instance from local industries (mining companies, breweries<br />
or other water-intensive industry) interested in watershed<br />
management. It may also be in the interest of (local)<br />
governments to protect upstream watersheds where the<br />
<strong>for</strong>estry VCM project takes place to secure water supplies <strong>for</strong><br />
downstream residential or agricultural areas.<br />
• Direct biodiversity fee (tourism/entrance fees): One of the<br />
most direct income generating sectors <strong>for</strong> <strong>for</strong>est-dependent<br />
communities is tourism. This will rarely be sufficient to cover<br />
the large sums of upfront finance that are required to start a<br />
<strong>for</strong>estry VCM project, but there are often possibilities to work<br />
with local entrepreneurs to organize home stays or locallyguided<br />
nature tours, <strong>for</strong> example.<br />
• Bioprospecting (commercially valuable biodiversity or<br />
ecosystems). This is particularly interesting <strong>for</strong> REDD projects<br />
through which biodiversity is conserved in existing natural<br />
28 Please note that the use of ODA is not allowed <strong>for</strong> generating <strong>carbon</strong> credits under<br />
the CDM. It can be used <strong>for</strong> capacity building and other aspects of wise project<br />
development, but not <strong>for</strong> the actual activities that lead to the accrual of <strong>carbon</strong><br />
credits.
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