CO2 compensation 2017: Rainforest protection in Madre de Díos, Peru

The foundation assumes responsibility for climate protection. For this reason, we compensate the total CO₂ emissions generated by our events every year through an offset project. Our founder, Munich Re, compensates for the emissions from the offices and the business trips of our employees. In 2017, the foundation's events generated 1,206 tonnes of CO₂.

This year’s offset project is located in the Peruvian province of Madre de Díos. Its aim is to stop illegal deforestation of the rainforest in the Amazonas basin. The illegal logging operations are being carried out for the construction of the Interoceanic Highway and subsequent improved accessibility to the area. This project intervenes and manages the forest across an area of 100,000 ha in accordance with the international Forestry Stewardship Council (FSC) certification system. The FSC sets important standards for sustainable forest management. At the same time, the area is closely and efficiently monitored. The forest areas are preserved as carbon sinks and protect the CO₂ storage capacity of the soil. The annual reduction amounts to more than 660,000 million tonnes of CO₂ equivalents.

In addition to protecting natural carbon storage facilities, the project also contributes to conserving the habitat of an inestimable diversity of plants and animals. It moreover makes a social contribution to sustainable development by creating jobs and promoting knowledge of sustainable forest management.

Details:

Verification	TÜV NORD CERT GmbH
Annual Volume	660,000 tonnes CO2 equivalents
Type of Certificate	Verified Carbon Standard (VCS) and Climate,  Community and Bioversity Standard (CCBS)
Partner	firstclimate

 

12 February 2018