Cambodia Signs Avoided Deforestation Carbon Agreements for Voluntary Carbon Standard Project
The avoided deforestation methodology, developed by Terra Global Capital, is nearing the end of the first of two 3rd party validations that are required by the VCS. The project is estimated to generate 8.5 million tons of CO2 over 30 years. The new methodology, which was submitted under the Reduced Emissions from Deforestation (REDD) category of the VCS, integrates participatory field measurements with sophisticated remote sensing image processing to increase accuracy and minimize the costs of the on-going measurement of the carbon credits.
This project is being brought to market with the collaboration work and support of all project participants. The Royal Government of
Link to the full press release: http://www.terraglobalcapital.com/News.htm
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