Peatlands for Future
Project Developer
- The Ecosystem Carbon Conservation
Size
- Large
- (15000000)
Maturity stage
- Mature for investment
Country
- Colombia
Financing mechanism
Contact
David Santiago Rocha Cárdenas
davidsantiagorocha@gmail.com
Link
Environmental benefits
The project focuses on restoring high mountain peatlands through re-humidification, aiming to reduce greenhouse gas emissions and promote climate change mitigation. By restoring water levels and promoting the growth of peat-forming vegetation, the project improves water quality, enhances biodiversity, and regenerates degraded peatland ecosystems. Through techniques like blocking drainage channels and rewetting the land, the project helps preserve natural water levels and combat the decomposition of organic soil. These efforts contribute to a sustainable future by mitigating climate change and fostering healthier ecosystems.
Community benefits
The “Peatlands for the Future” project provides community benefits such as improved water quality, increased biodiversity, sustainable resource management, climate change resilience, economic opportunities, and community engagement. By restoring peatlands through re-humidification and implementing responsible land use practices, the project creates cleaner water, supports diverse ecosystems, promotes climate mitigation, generates economic growth, and fosters environmental awareness. These benefits contribute to the well-being and sustainability of local communities.
Business model
As the “Peatlands for the Future” project, our business model focuses on water provision, payment for environmental services (PES), carbon bonuses, community engagement, and effective monitoring.
Water Provision: We establish partnerships with local communities, industries, or water utilities to provide clean water sourced from the restored peatlands. We secure contracts or agreements for water provision, offering a reliable and sustainable water source. Revenue is generated through water charges based on volume or long-term service contracts.
Payment for Environmental Services (PES): We collaborate with governmental agencies, environmental organizations, or interested companies. We quantify the environmental services rendered by the restored peatlands, such as carbon sequestration, water filtration, and biodiversity conservation. This allows us to enter into agreements or contracts to receive financial support or grants for the ecosystem services provided, ensuring long-term funding.
Carbon Bonuses: We measure and verify the amount of carbon sequestered by the restored peatlands. By registering the project in voluntary or compliance carbon markets or collaborating with carbon offset platforms, we aim to generate carbon credits based on the sequestered carbon.
Community Engagement and Support: We prioritize partnerships with local communities, involving them in project planning and decision-making. We implement revenue-sharing mechanisms, ensuring direct community benefits from the project’s success. Additionally, we explore eco-tourism, environmental education, and sustainable livelihood initiatives that involve the local communities, creating additional income sources and fostering community support.
Monitoring and Reporting: We implement robust monitoring systems to track the project’s impact on water quality, carbon sequestration, and biodiversity.
Through the combination of these strategies, our business model aims to ensure the financial sustainability of the project while supporting the ongoing management and expansion of peatland restoration efforts