BioCarbon Emission Reductions Project Orinoquia
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Development objective
Generate payments to the Program Entity for measured, reported, and verified Emission Reductions (ERs) from reduced deforestation, forest degradation, enhancement of forest carbon stocks (REDD+), agriculture, and other land use sectors that meet the GHG accounting requirements of the BioCF ISFL in the Orinoquia region of Colombia, distribute ER payments in accordance with an agreed Benefit Sharing Plan (BSP), and evaluate and disseminate biodiversity conservation outcomes from low-emissions agriculture practices in prioritized value chains within selected Orinoquia landscapes.
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