We have entered into an agreement with FONAFIFO, the Costa Rican Forestry Financing Department of MINAE, the Ministry in charge of Environment and Energy. Click here for more information about FONAFIFO and their compensation projects.
We chose to support conservation projects in the Osa Peninsula of Costa Rica, described by Nat Geo as one of the most biologically diverse ecosystems on earth. As deforestation is the planet’s largest single source of carbon emissions and a significant source of carbon emissions here in Costa Rica, we felt this compensation method would be most suitable locally.
As we have seen thru deforestation here in Costa Rica, once these tropical forests are cut down, there is very little value left on or for the land, more importantly the flora and fauna are impacted by this loss as much as the local communities. So, we say, “lets value our land in its natural state,” and if we can pay for it to be conserved rather than cut down, we reduce carbon emissions, protect the biodiversity and provide much needed income to local landowners in the community. A WIN – WIN- WIN.
In addition to carbon emissions, deforestation is creating significant loss to biodiversity zones which support wildlife and local communities.
The link between forests and climate change is now widely accepted. The Stern Review on the Economics of Climate Change, commissioned by the UK government and released in October 2006, was in no doubt about the impact forests have on our climate. "Action to preserve the remaining areas of natural forest is needed urgently," it said, and called for "large scale pilot schemes... to explore effective approaches to combining national action and international support".
The report also noted that preventing deforestation would be a relatively cheap method of tackling climate change, allowing forested countries to reduce their emissions by enormous amounts. Preserving forest areas benefits the entire planet and there is now a growing acceptance among the international community for financial incentives to leave forests standing. If that were to happen, forests could be worth more intact than if they were felled for timber or agriculture.
Climate change is the biggest problem facing our planet, and preserving our remaining forests is a key part of the solution.
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