Topaiyo REDD+ Forest Protection
Story

These credits were issued in a bundled verification period.  This means all credits will have a vintage of 2017-2019.  

In 2014, Papua New Guinea exported 3.8 million cubic meters of tropical wood, making it the world’s largest exporter of tropical timber wood. This means, however, that the country loses approximately 1.4% of its forested land each year and—with it—critical habitat home to 5% of the world’s biodiversity.

NIHT Inc. has partnered with the traditional landowner groups of the New Ireland and East New Britain islands in Papua New Guinea to create the Topaiyo REDD+ Project, aiming to end the deforestation caused by industrial logging in the region. Essential in terms of the carbon and biodiversity benefits it will provide, this project is also designed to promote the prosperity of the local communities.

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Technology
Reducing Emissions from Deforestation and Forest Degradation (REDD+)
Incentivizing communities in developing countries to keep their forests standing and adopt sustainable forest management techniques.
Standard
Verified Carbon Standard
Location

New Ireland, Papua New Guinea

Policy

UN Sustainable Development Goals

The project meets the following goals outlined in the 2030 Agenda for Sustainable Development.
Highlights
Project operational 10+ years
Developer operational 6-10 years
Creates local educational opportunities
Improves community environmental literacy
Creates local job opportunities
Promotes gender equality