Commitment to Action

Securing Wetland Carbon Stores for Climate

Commitment by

Wetlands International

In 2011, Wetlands International committed to restoring and conserving more than one million hectares of wetlands and reducing CO2 emissions by at least 100 megatons by 2015. To do so, Wetlands International will establish a global portfolio of long-term ecosystem restoration projects through which it will protect and rehabilitate wetlands (specially targeting peat swamp forests) for ecosystem, livelihood, biodiversity and carbon values. It will also leverage finance through the carbon credit markets--verified credits generated through emissions reductions will be sold through the voluntary carbon market and emerging compliance markets. The initial scope of the project will be in Indonesia and Russia, with further developments in other countries with peat-rich wetlands anticipated. Emission reductions will also be achieved by enhancing sustainability of palm oil trade chain and informing relevant policies and mechanisms of the United Nations Framework Convention on Climate Change (UNFCCC).

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Overview
Summary

Commitment

Securing Wetland Carbon Stores for Climate

Launched

2011

Est. Duration

6 Years

Estimated Total Value

$21,000,000

Region

Europe, Middle East & North Africa, Asia

Countries

BRUNEI DARUSSALAM, INDONESIA, MALAYSIA, Russia

Commitment by

Wetlands International

Partner(s) of the Commitment Maker(s)

Pt Rimba Makhmur Utama, Permian Global, Msf, University of Greifswald, Ramsar Convention Secretariat, Indonesian Peatland Restoration Agency, Climate and Land Use Alliance