Private Sector Engagement

Despite the tremendous value of standing forests, the world’s forested areas continue to decrease at a dangerous rate under immense economic pressure for land use conversion and/or unsustainable extraction. In order to tackle this crisis, we need solutions that consider the economic causes of deforestation.

REDD+ quantifies and values the carbon storage services that forests provide, helping change the economic incentives around deforestation and international development. By helping make forests more valuable standing than felled, REDD+ provides forest communities and developing countries with a low-carbon pathway to economic growth. The sale of resultant Verified Emission Reductions (VERs) then finances NEW, sustainable, low-carbon development opportunities so that forest communities and countries can grow economically without needing to clear their forest.

Code REDD works to engage the private sector on these activities – from financing REDD+ project development to building demand for resultant Verified Emissions Reductions. We educate on and create awareness ofof the powerful benefits of REDD+ for mitigating climate change, providing sustainable livelihoods, and protecting threatened wildlife. REDD+ has the ability to provide transformational social and environmental benefits, but in order to reach its full potential, REDD+ needs private sector support and investment.

The Business Case

Code REDD ‘connects-the-dots’ between REDD+ investments and integrated reporting, innovative CSR, and citizenship goals. We work with the private sector to meet the size and scope of deforestation while achieving global emission reductions.

High-quality, best-in-class Code REDD projects have the unique ability to connect with a wide range of stakeholders. Integrating REDD+ into a corporate sustainability strategy not only makes environmental sense, but also provides tangible business benefits.

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REDD+ Talks

America’s first symposium on climate change and the vital role of REDD+ was held on Earth Day 2013. The event hosted high profile REDD+ experts and buyers to demonstrate the importance of forest conservation in light of the growing threat of climate change.

The private sector has an important role to play in investing in climate change solutions, which is highlighted in many of the videos from this symposium. To garner support across the private sector, it is essential to provide information on REDD+ as a viable climate change mitigation strategy, and to demonstrate the value it generates for both forest and corporate communities.

Visit the REDD+ Talks site to learn more, and watch videos from the event.

Watch REDD+ Talks videos

 

REDD+ in a Green Economy

REDD+ is a critical element of any strategy to sustainably reduce greenhouse gas emissions. In order for the REDD+ mechanism to reach its full potential, all sectors and stakeholders must work together to bridge project-level activities with national and subnational programs, as well as public sector funding with private sector investment and demand.

Code REDD is working with bilateral and multi-lateral bodies to advance these goals for REDD+. The UN-REDD Programme recently launched REDD+ in a Green Economy, and has also released The Role of the Private Sector in REDD+: the Case for Engagement and Options for Intervention.

The private sector has the opportunity to connect with REDD+ through innovation, investment, and implementation. Proof-of-concept projects have the opportunity to inform jurisdictional and national REDD+ program development. Code REDD works to facilitate both of these critical processes.

Visit the for additional information on REDD+ in the green economy and the need for private sector investment.

Visit UN-REDD.org