the fight against climate change

Bringing together the best in carbon finance and carbon science.

There are numerous fronts in the battle against climate change. One that is often overlooked has been the key to climate balance for millennia—the world’s forests.

REDD+ offers institutions and businesses an impactful and measurable way to fund forest conservation and reforestation projects that are critical to the long-term health of our planet, and our societies and economies.


WHAT IS REDD POSITIVE?

REDD stands for Reducing Emissions from Deforestation and Forest Degradation. REDD+ is a proven framework for working with governments, local communities, and other stakeholders to protect, preserve, and revive global forest lands.

The REDD Positive initiative is a culmination of decades of forest conservation research and effort. It is backed by the rigorous, scientific approach that is the hallmark of the Wildlife Conservation Society (WCS), one of the world’s oldest and most respected international conservation organizations.

WCS’s forest carbon model is among the most effective, transparent, and accountable ways to fund forest conservation and rehabilitation projects, while offering businesses high-quality, market-tradable, verified carbon offsets.

THE PROCESS

A Creative and Collaborative Solution: REDD+


WHAT IS IT?

Created as a result of the United Nations Framework Convention on Climate Change in 2008, REDD+ is a transparent and accountable protocol for generating market-tradable carbon offsets linked to activities that protect or enhance natural carbon sinks, and the communities and biodiversity that live within and around them.

WHAT DOES IT LOOK LIKE?

REDD+ life cycle

1
PRE-FEASIBILITY ASSESSMENT
  • Identify drivers of forest loss
  • Estimate emission reduction potential
  • Identify models of intervention
  • Estimate costs of emission-reducing activities
  • Review national/jurisdictional REDD+ context
  • Identify drivers to be addressed with supply chain intervention
2
DEMONSTRATE FEASIBILITY
  • Confirm assumptions of cost/carbon effectiveness
  • Obtain preliminary government endorsement
  • Define investment pathway
  • Confirm business model for supply chain intervention
3
PROJECT DESIGN DOCUMENT (PDD) AND VALIDATION
  • Refine/validate assumptions from feasibility
  • Formalize benefit sharing
  • Finalize safeguards
  • Create monitoring plan
  • Obtain explicit government endorsement
4
MARKETING AND SALE OF GENERATED OFFSETS
  • Scale implementation of emission reduction activities
  • Monitor and verify outcomes
  • Issue and sell/deliver offsets (VCUs)

Conservation projects issue verified carbon units (VCUs) that can be sold via a registry to businesses and governments to offset their carbon emissions. VCUs are generated only once actual positive impact is observed, such as improved forest conditions or a reduction in deforestation rates.

WHY SHOULD YOU SUPPORT IT?

By combining science, finance, and collaboration among national and local actors, REDD+ projects have the potential to deliver meaningful and lasting results for ecosystems, the communities they support, and the global climate.

THE REDD+ FRAMEWORK IS:
  • Rigorous and Transparent
    Businesses can be confident in the efficacy and value of the offsets or emission reductions they purchase.

    Carbon offsets are measured using a rigorous, transparent, and peer-reviewed methodology that ensures emission reductions are accurately calculated and verified by a reputable international carbon accreditation program/standard.

  • Measurable and Effective
    Purchasers of offsets know their investment is a direct contribution to combating climate change.

    Emission reductions and removals are generated and scientifically monitored within a defined landscape or jurisdiction, and verified by an independent third party against a reputable international crediting standard.

  • Accountable and Equitable
    Investments directly support the organizations and people doing the work.

    National and local governments, land owners, and local communities ensure that projects benefit biodiversity, wildlife, and wild places. They also ensure climate finance revenues are distributed fairly to those who contribute to the project’s success, including Indigenous Peoples and Local Communities (IPLCs).


    WCS employs practical, proven strategies developed and refined by our local teams working in landscapes where WCS has a long-term commitment.


    WCS considers local communities central to each project, and we defend their ability to benefit from carbon revenue before all other interests. This includes:


    • Commitment to free, prior, and informed consent to participate in project activities.
    • Prioritization of communities for investment and allocation of carbon revenues.
    • Assurance that any rise in carbon prices is equitably shared to ensure that communities and conservation are always the largest beneficiary.
  • Beneficial for Biodiversity
    Projects and programs maintain high conservation values and positive biodiversity benefits.
WHY INVEST NOW?

Interest and investment in forest restoration projects like REDD+ and the carbon credits they generate are growing rapidly and expected to continue to expand in the next decade.

Factors driving the increased investment in and efficacy of carbon credits from forest conservation and reforestation projects:
  • Financial firms creating a new asset class that serve the client base
  • Cost effectiveness of delivering REDD+ investment and incentives
  • Large emitters increasingly seeking supply of carbon credits to meet climate commitments
  • Increasing political appetite for national REDD+ programs and high-quality credits
  • Expanding recognition that business-as-usual means continued deforestation and emissions from the land sector
$748 million

The value of Voluntary Carbon Market transactions in the first eight months of 2021—73% generated from the forest and land use sector.

$5 to $30 billion

Projected annual value of the carbon offset market by 2030.

THE RESULTS

The Impact of our Initiatives on the Ground

PROGRESS REPORT

Since launching in June 2021, the REDD Positive Fund has gained impressive momentum, surpassing expectations and making important progress in the research, planning, staffing, and startup phases of our global REDD+ projects.

  • We have conducted pre-feasibility studies in the Amazonas state in Brazil, Indonesia, Cameroon, the DRC, and three sites in Colombia. We also completed a blue carbon scoping assessment in the Southeast Asian Archipelago.
  • In the Southern Highlands of Tanzania and the Albertine Rift of Uganda, we are in advanced stages of project development and are supporting the realization of long-term forward finance contracts to secure investments to secure the sites for the next 30 years.
  • In Keo Seima, Cambodia—WCS’s flagship REDD+ project—we reached the milestone of achieving financial sustainability of the project following $40 million in credit sales over the last two years.
  • In Northern Plains, Cambodia, we have secured a pre-purchase commitment for a portion of the first issued vintages, which secures interim project financing between June 2022 and the end of the year. Based on current market prices, the project is expected to generate approximately $175 million in carbon revenue over the first 10 years.

WCS’s REDD+ strategy is to support governments, Indigenous people, and local communities to receive pay for performance funding for forest conservation. These are the projects that WCS and the REDD Positive Fund support.


WCS REDD+ PROJECTS SUPPORTED BY THE REDD POSITIVE FUND
development Status:
Early Advanced Producing credits
Development Status:

Early Advanced Produced Credits

BELIZE Maya Forest Corridor
BRAZIL Amazonas State
CAMBODIA Keo Seima
PRODUCING CREDITS

Keo Seima Wildlife Sanctuary (KSWS) protects one of the most important forests in Cambodia.

learn more
CAMBODIA Northern Plains
CAMEROON Mbam Djerem
CAMEROON Bouba Ndjida
CENTRAL AFRICAN REPUBLIC Bamingui-Bangoran
COLOMBIA Putumayo
DEMOCRATIC REPUBLIC OF THE CONGO Ituri
GUATEMALA Maya Biosphere Reserve
GUYANA
INDONESIA Singkil
MOZAMBIQUE Niassa
NIGERIA Cross River
PAPUA NEW GUINEA Manus Island
TANZANIA Ruaha
TANZANIA Southern Highlands
UGANDA Albert Water Management Zone

$175 million

in projected carbon revenue over the next 10 years from the Northern Plains, Cambodia project.

19 new landscapes

identified and targeted for potential REDD+ development.

160 million acres

of forest land in the REDD+ project plan design and development phase.

the fund

How You Can Make a Difference

Contributions to the WCS REDD Positive Fund will enable us to direct resources where they are most needed—advancing early-action REDD+ activities that accelerate the analysis and protection of our most important primal forests and wetlands, bringing projects to the accreditation stage, and selling carbon credits to interested buyers in need.

WHERE WILL YOUR MONEY GO?

WCS’s Project Pipeline

Grant Funding

Your investment goes here.
Your investment goes here.
1
PRE-FEASIBILITY ASSESSMENT
2
DEMONSTRATE FEASIBILITY
3
PROJECT DESIGN DOCUMENT (PDD) AND VALIDATION
4
CREDITING PERIOD

Grant Funding

Investment

Our goals are to:
  • Mobilize
    $3 million over 3 years to address climate crisis through development of REDD+ projects worldwide
  • Develop
    10 – 15 REDD+ projects in critical forested landscapes and seascapes by 2025
  • Focus
    on advancing early-stage action REDD+ activities

Contact us to arrange a presentation or for more information about the REDD Positive Fund and our global REDD+ projects.

Help us save, preserve, and rebuild the world’s forests to fight climate change.

About the REDD Positive Fund

The WCS REDD Positive Fund was founded in 2021 after many conversations about what innovations would make a difference, and with an initial contribution from Instinet. Ours is an ambitious, but achievable goal: to connect the worlds of business and conservation to combat climate change in rigorous, actionable, and achievable ways. We’ve already begun, but there is still so much more to do.


The WCS REDD Positive Fund will invest charitable funds over multiple years to address the climate crisis through the development of forest conservation and reforestation projects worldwide.

About WCS


The Wildlife Conservation Society (WCS) is a US nonprofit, tax-exempt, private organization established in 1895 that saves wildlife and wild places by understanding critical issues, crafting science-based solutions, and taking conservation actions that benefit nature and humanity. With more than a century of experience, WCS currently oversees a portfolio of more than 500 conservation projects in Asia, Africa, Latin America, and North America, and the oceans between them. With a presence in more than 60 nations, and experience helping to propose or establish 347 protected areas across the globe, WCS has amassed the biological knowledge, cultural understanding, and well-established partnerships to ensure that vibrant, wild places and wildlife thrive alongside local communities.

About Instinet


Instinet provides technologically advanced, agency-model brokerage services to institutional clients worldwide. As the wholly-owned execution services arm of Nomura Group, Instinet seeks to add value across the investment life cycle, providing: Agency Execution Services; Crossing & Liquidity Aggregation; and Workflow Solutions via Instinet Technology Solutions. We help institutional investors create, protect and capture alpha, reduce complexity, and lower overall trading costs to ultimately improve investment performance. Over the course of our more than 50-year history, Instinet has been a pioneer in electronic trading, creating an array of now industry-standard technologies and services.


Today we understand more than ever that the world is our trading floor. Our work, our people, and the results of our efforts are neither contained nor constrained by the walls of any office building. Everything we do must be guided by the knowledge that we are all connected. Please visit us at www.instinet.com/tradebetter to learn more.