CO2 compensation 2017: Rainforest protection in Madre de Díos, Peru
The foundation’s projects, conferences and business operations inevitably lead to CO2 emissions. These emissions are documented so that the Foundation can compensate them through an offset project. This year, we are supporting a rainforest protection project in 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.