How forest owners and custodians benefit from REDD + projects

Updated: Jun 22, 2021

March 19, 2021. The ways in which communities are benefited by REDD + Projects are

diverse. It should be taken into account that the owners of the territories are private or collective, these are the main actors in this process of conservation and sustainable use of the forest.

Starting with the regulation of the carbon tax, where the figure of the non-causation of the tax is established for taxpayers who certify to be carbon neutral, by supporting initiatives such as REDD +, a climate finance scenario is opened that allows a flow of resources for owners and custodians of natural forests in the country.

(Read: Carbon tax: What is it and why is it important to face climate change?)

In this order of ideas, from said financing, forest owners and custodians can leverage their productive activities in a more sustainable way and in accordance with the conservation and sustainable use of forests, generating a circular economy and leveraging green businesses.

On the other hand, among the priorities of the projects is to cover the local unsatisfied basic needs, through comprehensive interventions in education, health, housing, access to public services and rescue of ancestral and cultural traditions, which are established and administered by the same communities, respecting their autonomy and free self-determination.

(Also read: Nature-based solutions mitigate social inequality in Colombia)

BIOFIX has extensive experience in the development of REDD + Projects. Currently, it executes 9 projects in Colombia, which bring together a total of 24 ethnic communities, divided into 16 Indigenous Reservations of the Sikuani, Piapoco, Puinave and Curripaco peoples located in the departments of Vichada, Guainía and Guaviare and 8 Community Councils located in the departments of Chocó, Cauca and Valle del Cauca. As well as a mitigation initiative developed by private owners.

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