Deforestation Credits Achieving Premium Prices, CF Partners Says
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Carbon credits from projects to halt deforestation can achieve “premium prices” compared with other types of voluntary offsets as demand is set to quadruple in the next three years, according to CF Partners.
Credits are being generated from forestry projects such as Wildlife Works Carbon LLC’s Kasigau Corridor in Kenya and Infinite Earth’s Rimba Raya project in Indonesia. Both are registered under a program known as Reducing Emissions from Deforestation and Forest Degradation, or REDD. The credits can be used by companies wishing to offset emissions voluntarily.