Climate, Community & Biodiversity Alliance (CCBA)
The Climate, Community & Biodiversity Alliance (CCBA) has released its
second edition of its CCB Standard for certifying land-based carbon
offset projects. “The CCB Standards provide a set of rigorous and
verifiable criteria to determine the ability of a project to reduce
greenhouse gas emissions while delivering lasting benefits for local
communities and biodiversity,” said CCBA in a statement. “Independent
third-party auditors verify that the project satisfies all required
criteria, which demonstrate the project will mitigate climate change,
conserve wildlife and natural ecosystems, and improve local
livelihoods.” The Climate, Community & Biodiversity Alliance is a
partnership between leading companies, NGOs and academic institutions.
Over 100 projects around the world are using the CCB Standards to
improve project design.
The World Bank, Merrill Lynch and
EcoSecurities are counted among the carbon market investors using the
standard. “CCB certification assists market entry for projects with
significant co-benefits by demonstrating their quality to buyers and,
particularly in voluntary markets, attracting a price premium for the
credits they generate. We see this as a good way to bring carbon
finance to high-quality forestry projects and to boost investor and
buyer confidence in the sector” said Jan Fehse, Head of Forestry
Services at EcoSecurities. “Forest carbon projects have great potential
to generate new and improved livelihoods for many of the world’s
poorer people as well as provide them with a means to tap the emerging
global carbon finance mechanisms including markets to fund their land
stewardship activities. However, there are also significant threats to
the rights of the poorest and most vulnerable communities from these
markets, so the CCB Standards are also extremely important as a means
to safeguard and promote the interests of these often marginalized
groups,” said Charles Ehrhart, head of the Climate Change Program at
CARE International. “We have been impressed with the broad interest
and participation in the revision process to produce an even more
effective set of criteria for the new Second Edition.”
http://news.mongabay.com/2008/1208-ccba.html
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