1 October 2013
The Oddar Meanchey REDD+ Project in Cambodia is the first project in the world to earn the verified "Triple Gold" distinction under the Climate, Community and Biodiversity (CCB) Standards for its avoided greenhouse gas (GHG) emissions. SCS Global Services (SCS) independently verified the avoided emissions based on the project's deforestation avoidance measures under both the CCB Standards and the Verified Carbon Standard.
The project, developed by Terra Global Capital LLC and named for the Cambodian province where it is located, is implementing a broad set of REDD (Reducing Emissions from Deforestation and Forest Degradation) strategies to tackle a host of deforestation pressures. These pressures include urbanization, agriculture, forest fires, unsustainable timber, and fuel wood harvesting. The "Triple Gold" verification demonstrates that the project delivers an elevated level of community, biodiversity and climate adaptation benefits paired with robust emissions accounting practices.
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