ERA is offering the REDD Cerrado Program (RCP), the first of its kind in this biodiversity hotspot, generating premium carbon credits certified to the Voluntary Carbon Standard (VCS) and SocialCarbon Standard (SCS) via their REDD (Reducing Emissions from Deforestation and Degradation) methodology.
This is a pioneering initiative for native vegetation conservation in private lands in the Brazilian Cerrado, a highly threatened biome due to the expansion of commercial agriculture (soy, corn, cattle).
Currently, private landholders do not receive payments for ecosystem services to maintain native vegetation, therefore, the only economic alternative is to convert native Cerrado for agricultural purposes. This results in landholders being incentivized to convert native vegetation to produce commodities, as the opportunity cost is higher. The consequence is ecosystem conversion, biodiversity loss, water loss and increased greenhouse gas (GHG) emissions.
The REDD Cerrado Program was launched as a grouped project to provide landholders with surplus forest an economic alternative to conventional agriculture and deforestation. Welcome to a new ERA where standing forests can make money too!