Fairatmos
Laos Forest Conservation, Climate & Community Project (LFCCC)
Overview
The project plans to protect 132,000 Ha pristine forest from illegal deforestation activities in parallel with restoring more than 25,000 Ha of degraded land near the Laos National Forest. Project is expected to avoid and sequester a combined 407,000 tCO2e through forest protection and restoration activities. Preserving the project area will provide essential ecological services, particularly benefiting the local community. More than 545,000 individuals are affected by this project as they heavily rely on the forest for their livelihoods.
Country
Laos
Location
Khammouan district, Savannakhet district, Salavan district, Champasak district
Project Area
339,000 Ha
Certification
certification
Eligible Methodologies
Verra VM0048 REDD+
Current Phase
Pre-Feasibility Study
SDG Targeted
No Poverty
Zero Hunger
Good Health And Well Being
Quality Education
Clean Water And Sanitation
Climate Action
Life On Land
Project Picture
Type of Financing
Advance Credit
Financing Required
$16,000,000
Est. VCU Produced / year
407,500 tCO2e
Target Projected Duration
30 years
Target Start Date
Q4 2023
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