VCS Peru Amazon
In partnership with Earthbanc
The Amazon Rainforests are reaching their tipping point, and as much as 40 percent of the Amazon forest could become savannah. It's crucial to protect forests that would otherwise be destroyed and become a source of emissions instead of vital carbon sinks.
Our partnership with BAM, is supporting the livelihoods of 300 small concessional landowners through alternative economic models in the Peru Amazon Rainforest. The local communities in Madre De Dios are represented by the Brazil nut producers of Madre De Dios (FEPROCAMD), and they have been highly dependent on local ecosystems for their livelihoods. This carbon project was initiated by a company called Bosque Amazonicos SAC (BAM ) in partnership with FEPROCAMD to conserve local ecosystems and secure economic opportunities for the local communities. This initiative has not only created an additional carbon income for the community, but it has invested in enhancing the processing of the brazil nut which multiplied the value of the harvested nuts. Brazil nuts production supports conservation because Brazil nuts are only produced by trees that grow in native forests (Zuidema, 2003). The Brazil nut forest is also home to several endangered species and provides a vital habitat for them. Over the years this project has spread awareness about the fragility of this ecosystem locally, nationally, and globally.
Your support will prevent deforestation in Peru's most biodiverse rainforests. Covering 290,714 hectares, Biomass of 243.274 t/ha issued 4,936,277 tonne offset. VCS verified carbon credits. Even though this project is verified under the VCS protocol, the last vintage was issued in 2016-2017. Earthbanc enhances this verification through AI remote sensing using high resolution from the European Satellite Agency. Our satellite data can capture deforestation with 99 percent accuracy and prevents illegal logging and risks of wildfire. The present rate of deforestation has been reassessed by us. Using images (the year 2012-2020) of the Sentinel2 L2A and Landsat constellation – showing an average decrease in tree cover by 0,68% per year. Indicating a much smaller rate of deforestation within the project area than initially estimated. This means that they exceeded their target by 0.55%. Cutting down of forest outside the project area appears to be increasing, however, this is also occurring at a slower rate than anticipated, and is not reflected dramatically in the regional biomass level.