ENVIRONMENT
FORESTRY
TRANSVERSAL
Services: Technical and economic advice, Training and capacity building
Countries: France
Dates of intervention: 2020/01 - 2020/02
Amount executed: 8 600 €
Total amount of the service: 8 600 €
Main backer: Confidentiality agreement client
Main beneficiary: Confidentiality agreement
Support provider: SalvaTerra
Experts: Olivier BOUYER, David COMBAZ
The creation of a portfolio of certified carbon projects on the voluntary markets is a Corporate Social Responsibility (CSR) strategy increasingly used by private investors wishing to offset their greenhouse gas (GHG) emissions. In this context, Reducing Emissions from Deforestation and Forest Degradation (REDD+) projects are considered particularly attractive. However, these projects raise complex technical and ethical questions. The imperfect application of GHG inventory methodologies, or insufficient implementation of environmental and social guarantees, can thus weaken the credibility of the carbon credits obtained or generate a significant reputational risk for the investor.
SalvaTerra's expertise was mobilized by a private group of the luxury sector wishing to strengthen the capacities of its CSR department, in order to be able to internally assess the quality of its carbon investments based on REDD+ projects. The mobilized experts developed and implemented an intensive three-day training covering the following aspects: - Framing elements: history and principles of REDD+, project cycle and certification mechanisms; - Reference scenario: spatial and temporal boundaries of a REDD+ project, carbon pools and determination of baseline GHG emission levels; - Project scenario: choice of project types and associated methodologies, ex-ante determination of GHG emission reductions; - Demonstration of additionality, calculation and management of leaks; - Measurement, reporting and verification (MRV) of GHG emissions; - Environmental and social safeguards (Cancún framework and benefit-sharing);
Training in the evaluation of REDD+ projects for the CSR department of a French group in the luxury sector: History and principles of REDD+; Reference scenario (spatial and temporal boundaries, carbon pools, GHG emission levels, etc.); Project scenario (methodologies, ex-ante estimation of emission reductions); Additionality; Leak management; Measurement, Reporting and Verification (MRV); Environmental and social safeguards (Cancún framework); Profit sharing.