Pico Bonito Carbon Offset Project

by EcoLogic Development Fund

Summary

This pilot project demonstrates how payments for carbon offsets, in response to global climate change, can finance conservation, reforestation and community development in rural Latin America.
$0.00
total raised
0
donors
0
monthly donors
12
years active

Challenge

While rural Latin America still contains incredible biodiversity, many of its forested landscapes are under immense threat because of the pressures of crushing poverty. At the same time, in response to global warming, agencies like the World Bank are building global capital markets for carbon offsets resulting from sustainable forestry management. This project seeks to leverage those markets to provide economic and environmental benefits to both the local and global communities.

Solution

Reforesting barren land, selling carbon-offset credits, assisting poor communities protect water sources and increase agricultural production, creating jobs through forestry concessions, and generating income for conservation and development efforts.

Long-Term Impact

120 poor communities living in the buffer zone of Pico Bonito National Park will benefit in from the creation of jobs, increased agricultural productivity, cleaner water, and a revenue stream to fund further community development projects.

Additional Documentation

This project has provided additional documentation in a PDF file (projdoc.pdf).

Resources

http:/​/​www.ecologic.org
World Bank Biocarbon Fund, a key supporter
Information on Honduran NGO (in Spanish)

Organization Information

EcoLogic Development Fund

Location: Cambridge, MA - USA
Website: http:/​/​www.ecologic.org

Retired Project!

This project is no longer accepting donations.
 

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