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