Portfolio: Countries and Projects

Project Summaries

The portfolio of the BioCarbon Fund includes projects in 16 countries across five continents, that are restoring 150,000 hectares of degraded lands through afforestation and reforestation activities and reducing deforestation in over 350,000 hectares of land. Most of the projects are registered under the Clean Development Mechanism (CDM) with some registered under the Verified Carbon Standard (VCS). Through these projects, the BioCarbon Fund has worked with national entities, private companies and non-governmental organizations. The BioCarbon Fund purchases a certain volume of carbon emission reductions (CER) credits generated from these projects throughout the lifetime of the Fund by way of emission reduction purchase agreements (ERPA). Carbon Emission Reduction credits of CDM projects are verified once every commitment period of the UNFCCC Kyoto Protocol. For VCS, projects are encouraged to conduct verification by an external verification body at least once every five years.