Better off REDD

The world’s first commercially financed REDD project, and the first to meet the standards of the Climate, Community and Biodiversity Alliance (CCBA) – criteria for identifying projects that “simultaneously address climate change, support local communities and conserve biodiversity” – is in Ulu Masen, Aceh, where Bank of America Merrill Lynch has purchased carbon credits from 7,690 square kilometers of protected forest.

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