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Alongside implementing reduction solutions, Tapio guides companies in selecting the highest quality carbon sequestration projects in line with their carbon budget and values.
Price: 18.06 EUR/t CO2
The Rimba Raya Biodiversity Reserve protects 91,215 hectares of rich, tropical peat swamp forests which are monitored by local rangers as well as by satellite and aerial imagery. The reserve is adjacent to the world-renowned Tanjung Puting National Park and forms a physical buffer zone along the parks eastern border. As well as preserving ecosystem diversity and the habitat of endangered species like the Bornean orangutan, the project reduces emissions by avoiding the planned deforestation of over 47,000 hectares of forests for palm oil production.
The Rimba Raya peat swamp forests are located in Central Kalimantan province on the island of Borneo in Indonesia. Before the project was established, these immensely biodiverse tropical peatlands were scheduled for conversion into four palm oil estates by the provincial government.
The Rimba Raya project not only sequesters carbon and protects habitat for local wildlife; it also promotes local sustainable development, particularly regarding environmental education and economic capacity building. The project employs 73 field staff personnel, 18 of whom are women, and provides other project-related jobs to another 22 local women. The project further focuses on female capacity building by providing financial support for chicken meat and egg working groups, and for recyclable handicrafts. Project activities also promote community education, with two village libraries built in 2016 and two more planned for construction.