ClimeCo Partners with YAKOPI and PUR Projet for 6,000 Acre Mangrove Reforestation Project in Indonesia, Bolstering the Ecology and Economy

ClimeCo

PR95315

 

ClimeCo Partners with YAKOPI and PUR Projet for 6,000 Acre Mangrove Reforestation Project in Indonesia, Bolstering the Ecology and Economy of the Region

 

BOYERTOWN, Pa., April 4, 2022 /PRNewswire=KYODO JBN/ --

 

ClimeCo (

https://c212.net/c/link/?t=0&l=en&o=3492261-1&h=373925999&u=https%3A%2F%2Fclimeco.com%2F&a=ClimeCo

), a leader in developing and managing environmental commodities, announces a

partnership with YAKOPI (Yayasan Konservasi Persisir Indonesia) and PUR Projet

for the reforestation of 6,000 acres of vital mangroves in the Aceh and North

Sumatra Regions of Indonesia.

 

Logo -

https://mma.prnewswire.com/media/1227498/ClimeCo_Horizontal_12in_AI_Logo.jpg

 

Mangroves sequester three to five times the amount of carbon as regular

forests. Indonesia is home to over 20% of the world's mangroves. Over the past

three decades, 40% of Indonesia's mangroves have been lost due to shrimp and

fish aquaculture, leaving many former shrimp ponds abandoned and local

communities with little access to economic opportunities. The North Sumatra

region has lost 60% of its pristine mangroves due to aquaculture, putting

coastal resilience, biodiversity, and wildlife habitats at enormous risk. In

the Aceh region, a substantial amount of its mangroves were lost due to a

tsunami in 2004.

 

ClimeCo will fund the reforestation of these mangroves by selling the resulting

third-party verified carbon credits and implementing the project through their

local partnerships with YAKOPI and PUR Projet. This investment supports

gender-equitable employment, ecosystem services payment to local communities,

ecotourism business development, and a pilot program for locals to implement

silvofisheries - a form of sustainable aquaculture.

 

"The improved livelihoods of the local communities and the long-term success of

this mangrove reforestation project are interdependent, and this project

achieves both," says ClimeCo Program Development Manager David Chen.

 

About our Partners:

 

    -- YAKOPI is a local Indonesia group dedicated to restoring mangroves and

       providing employment opportunities for local women and youth. Directed

       by Eling Tuhono, YAKOPI are experts and local leaders in mangrove

       restoration and will be responsible for managing many logistical aspects

       of the program on the ground.

    -- PUR Projet is a certified B Corporation that specializes in designing

       and implementing agroforestry projects, nature-based solutions, and

       sustainable supply chain interventions. As an on-the-ground project

       developer, PUR Projet will manage components of the carbon offset

       certification, help navigate local culture/politics and advise on

       reforestation efforts.

 

About ClimeCo

 

ClimeCo is a respected global advisor, transaction facilitator, trader, and

developer of environmental commodity market products and related services. We

specialize in voluntary carbon, regulated carbon, renewable energy credits,

plastics credits, and regional criteria pollutant trading programs.

 

SOURCE  ClimeCo  

 

CONTACT: Loren Pomerantz, 917-902-0219, loren@combined-forces.com

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