Forest conservation & REDD+

Valdivian Coastal Reserve REDD+ Project

The Nature Conservancy's Valdivian Coastal Reserve hosts what TNC calls the first REDD+ project in Chile to be verified under the Verified Carbon Standard.

The reserve the project protects. It does not show project work.Natalia Reyes Escobar · CC BY-SA 4.0 · 2015 · Resized; display cropSourceLicence
ProponentThe Nature Conservancy (TNC)The Nature Conservancy (TNC)
StandardVerra VCS
MethodologyVM0007VM0007 REDD+ Methodology Framework (REDD-MF)
Version1.3
StatusActive
LocationValdivian Coastal Reserve, Los Ríos region, ChileValdivian Coastal Reserve, Los Ríos region, Chile
EcosystemForestsTemperate rainforest

Inside the project

Within a roughly 60,000-hectare reserve, a 1,273-hectare carbon-project area was audited in 2014 and 2015 and found to have avoided at least 533,654 net tonnes of CO2e of emissions between 2003 and 2014.

TNC states it has reinvested US$3.2 million raised from credit sales back into forest restoration, native-species replanting and community wellbeing programmes within the reserve.

1,273 ha
Carbon-project area
533,654 tCO2e
Net emissions avoided 2003-2014
3.2M USD
Reinvested from credit sales

Objectives

  • Avoid deforestation across the 1,273 ha project area
  • Reinvest carbon revenue into forest restoration and community wellbeing

Approach

  • Chile's first Verified Carbon Standard REDD+ project, audited in 2014-2015 within a 60,000-hectare reserve.

Registry

Verra VCS project id
1175
Issued
533,654
Retired
494,081
Remaining
39,573
Buffer pool deposits
64,868
First vintage
2004
Status
Registered

Sources

  1. Climate Impact Partners
  2. The Nature Conservancy
Show 1 more source
  1. reddprojectsdatabase.org