Emergency campaign calls for immediate action from the private sector to reduce their carbon footprint while supporting innovative forest protection projects. As corporations recognize their responsibility to do all they can to reduce their carbon footprint by lowering emissions and offsetting the rest, the CODE REDD campaign aims to make it easy and compelling for corporations to pledge to buy REDD (Reduced Emissions from Deforestation and Degradation) carbon offsets. Which is why Wildlife Works announced the launch of CODE REDD, an emergency action campaign to save the world’s wild forests using private sector financing within the Voluntary Carbon Market.
More Forest Protection
The Campaign will also ensure that those offsets come from specific high-quality forest protection projects. Specifically, one that has proven they can protect threatened forests. Not to mention providing unprecedented sustainable development opportunities to local forest communities.
“The goal of the CODE REDD Campaign is to dramatically increase the demand for REDD project carbon offsets now. With increased demand, REDD can scale to overcome the massive threat to the worlds forests and make a significant contribution to mitigating climate change.” said Mike Korchinsky, Founder and CEO of Wildlife Works and the creator of the CODE REDD Campaign.
Wild forests are disappearing at the alarming rate of 13 million hectares per year (FAO 2010). Moreover, deforestation accounts for about 17% of total annual global greenhouse gas emissions (UNIPCC 2007). Deforestation has devastating impacts on people and wildlife throughout the world and threatens the resources humans need for survival. Climate change experts widely agree that climate stability cannot be achieved without the conservation of the world’s remaining forests.
“Reducing your carbon footprint is not a UN obligation. It’s a global responsibility. It is time for the private sector to show innovation and leadership and do something REDD,” said Korchinsky.