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Choiseul PIN V1.0 12022013 2.11.4 Overcoming Implementation BarriersThe key to overcoming forest conservation project implementation barriers is finance at a scale capable of supporting community economic development among project owners/producers, and enabling enduring conservation management activities without the need for on-­‐going grant funds/subsidies. Carbon finance presents a unique opportunity to overcome forest conservation implementation barriers. 2.12 COMPLIANCE WITH REGULATIONSProvide evidence (e.g. a copy of a letter or email) of notification of the relevant national regulatory body of the project proposal (e.g. national climate change focal point or department of environment). Provide a statement of intention to comply with all relevant national and international regulations. Source: 2010 Plan Vivo PIN Template, p7. 2.12.1 Notification Of Relevant National Regulatory BodyThe Live & Learn Solomon Islands Office works closely with two government partners under this REDD+ project: 1. The Ministry of Environment, Climate Change, Disaster Management and Meteorology, and 2. The Ministry of Forestry and Research. 2.12.2 Statement Of Compliance IntentionThe Choiseul Forest Carbon Project will comply with all relevant national and international regulations relevant to: • The resource management of forests in the project area. • Community governance of the project. • Financial management of project revenues. • Community development activities enabled by the project. • Legal requirements of the project in terms of contracts with key project stakeholders (e.g. project coordinator, project developer, programme operator, Markit Environmental Registry, Plan Vivo). • Risk management responsibilities including buffer credits and making good on any reversals. 44