The Wild Things
Take Action
Travel
Support WWF
|
 |
Conservation Finance
Carbon Finance
WWF believes that carbon finance, if used appropriately, will play a critical role in reducing global greenhouse gas emissions, contributing to biodiversity conservation, and promoting a range of local economic and social values. As such, the development of carbon finance mechanisms has emerged as a major part of WWF’s conservation finance portfolio.
The WWF Network – led in large part by the newly launched WWF Forest Carbon Network Initiative – is developing pilot carbon projects in Peru, Brazil, Central Africa, Indonesia and Nepal to capitalize on the rapidly growing potential for carbon finance. Conservation Finance helps in these efforts by securing private and public financing for carbon projects and provides technical support in implementing carbon finance mechanisms.
WWF Nepal Biogas Voluntary Emission Reduction Project
In Nepal’s Terai Arc Landscape, WWF-Nepal has created a renewable energy carbon project based on 7,500 installed biogas units in an effort to reduce the demand for forest firewood. This project has been validated and registered with the Gold Standard APX registry.
© Stéfane MAURIS / WWF-Canon
Promoting alternative energy solutions is an important priority for WWF, to help reduce pressures on local forest resources. In Nepal’s Terai Arc Landscape, WWF-Nepal has partnered with the Alternative Energy Promotion Center and Biogas Sector Partnership-Nepal to install over 170,000 biogas methane generators in individual households in an effort to reduce the demand for forest firewood and protect critical wildlife corridors.
With the consent of the Government of Nepal, WWF-Nepal has created a renewable energy carbon project based on 7,500 installed biogas units. This project has been validated and registered with the Gold Standard APX registry. Through the Gold Standard, WWF-Nepal is able to demonstrate considerable environmental, social and economic benefits that enhance the value of the carbon credits generated by this project.
Conservation Finance has helped in developing the business case and secure potential buyers of the credit.
Forest Carbon and Restoration of Tiger Habitat in Nepal’s Terai Arc Landscape
A second pilot project by WWF-Nepal will test whether restoration of the riverine forests in five corridors of the Terai Arc Landscape to increase habitat for tigers would qualify for funds from the voluntary carbon market for avoided deforestation and reforestation. This project will direct carbon credit revenue to communities in the Terai Arc to support livelihood improvements and thereby provide additional incentives to conserve restored Tiger habitat.
Conservation Finance is providing technical support to develop the business case and secure potential investors or buyers of credit. Conservation Finance is also developing a conservation trust fund through which to distribute benefits from carbon finance to the communities in the Terai Arc.
Learn More:
WWF's Green Carbon Guidebook (2008)
New Finance for Climate Change and the Environment (2008)
Click the globe to explore WWF's work