The award recognizes the Denton’s exceptional cross-border legal work to help the nation of Cambodia monetize sustainable environmental practices. The Denton’s pro bono involvement in the matter created a simplified contracting approach to help sales of Cambodia’s first Reduced Emissions for Deforestation and Degradation (REDD) project after years of development, allowing for access to private capital.
Today the American Carbon Registry (ACR), a nonprofit greenhouse gas (GHG) program that oversees the creation of rigorous carbon accounting protocols as well as the independent verification and registration of carbon offset projects, approved a tool designed to enlist ranchers in the fight against climate change. The new protocol developed by Terra Global Capital, with support from the Environmental Defense Fund, Silver Lab at the University of California - Berkeley, and the Marin Carbon Project allows ranchers to generate tradable emission reductions for land management practices that build soil carbon and reduce emissions from landfills.
On July 10th and 11th, the United States Agency for International Development (USAID) held a workshop with key private sector organizations that seek to attract new sources of finance for forest conservation and sustainable landscape management. The workshop was conceived by USAID’s Colombia mission, through its Office of Environment, in partnership with the USAID Global Development Lab.
The Kulera Landscape REDD+ (Reduced Emissions for Deforestation and Degradation) Program in Malawi is the first program of its type in Africa to complete verification of emission reductions under the Verified Carbon Standard (VCS) with a triple gold (Climate, Community and Biodiversity - CCB) accreditation for emission reductions. It is only the third project in the world to gain CCB triple gold, testimony to the fact this project is generating the highest community, biodiversity and adaptation benefits possible.
Terra Global was honored with one of three Innovation awards at ACRs annual gala reception to recognize and thank its members and partners. ACR Director John Kadyszewski welcomed guests and presented highlights from the year. He described the awards to be presented to recognize outstanding environmental achievements including the individual Climate Leadership award, as well as corporate awards based on ACR’s guiding principles of innovation, quality and excellence.
