Carbon Offsets
With the ratification of the United Nations' Kyoto Protocol, and the resulting requirements to reduce greenhouse gas emissions via both upgraded clean emissions technology, as well as through the purchase of carbon offsets, a newly formed global market for emission reductions has come into existence and has experienced rapid growth.
Carbon offsets produced by Bosques Pico Bonito adhere to the highest standards of both environmental conservation and social responsibility.
Based on the specific type of activity, our carbon offsets will be certified under the United Nations' Clean Development Mechanism (CDM), and/or be verified for voluntary markets under the World Bank's Reduced Emissions from Deforestation and Degradation (REDD) methodology. The project methodology for the CDM was the fourth in the world, and the first tropical reforestation process, to be awarded an “A” approval by the United Nations' Clean Development Mechanism Agency (CDM) - the certifying body for all carbon emissions reduction projects (CERs) worldwide - for its scientific methodology process for measurement of carbon sequestration.
In addition to selling CERs, the company will also sell Verified Emission Reduction credits (VERs). These credits will be certified to Climate, Community, and Biodiversity (CCB) standards, which were developed specifically for Land Use, Land Use Change, and Forestry (LULUCF) projects.
Our offsets are available for purchase to both commercial and individual buyers, who wish to offset their commercial or individual carbon emissions footprint.
As a market leader in establishing the highest possible standards for carbon offset production, Bosques Pico Bonito has among its offset buyers the World Bank BioCarbon Fund which has purchased a substantial portion of carbon offsets being produced.
Carbon sequestration occurs when carbon dioxide is prevented from entering the atmosphere or is removed from the atmosphere and is then fixed in places where it can be stored for long periods of time. Trees are a primary example of very efficient “carbon sinks” absorbing carbon dioxide from the atmosphere through the process of photosynthesis.
Carbon sequestration is an effective way to mitigate the effect of human activities, such as the use of fossil fuels to operate motor vehicles, heat homes, and power factories, while benefiting biodiversity. One approach used to offset fossil fuel emissions has been to plant more trees to act as carbon sinks. By capturing or removing carbon dioxide from the atmosphere and storing it, there is the potential to slow the trend of global warming and climate change.
