Biodiversity / Food / Water

July 19, 2009


JICA's CDM Forestation Project in Vietnam to Alleviate Global Warming and Poverty

Keywords: Climate Change Ecosystems / Biodiversity Government 

A forestation project carried out by the Japan International Cooperation Agency (JICA) was accepted as a small-scale forestation project by the United Nation's Clean Development Mechanism (CDM) Executive Board on April 28, 2009. The project is planned based on the Study of Capacity Development for Afforestation/Reforestation Clean Development Mechanism (AR-CDM) in the Cao Phong District of northwest Vietnam. This is the 4th such project to be registered under the CDM forestation category, following those by China, the Republic of Moldova and India.

The CDM is one of the implementation schemes of the Kyoto Mechanisms, an international framework that allows industrialized nations to achieve their targets through credits gained through financial and technological support for GHG emission reduction projects in developing countries. While the CDM contributes to sustainable development in a developing country, afforestation/reforestation projects generally have technical and financial difficulties. Therefore, the number of registered projects has remained at only three.

As part of this project, Honda Vietnam Co. decided to provide a total of 3.5 billion Vietnamese dong (25 million yen, about U.S.$ 255,000) in operation funds between 2008 and 2011. As securing operating funds has been a hurdle to AR-CDMs, as well as regular reforestation projects, this will serve as a precedent on how to obtain private funding for future projects.

It is estimated that the project will reduce carbon dioxide emissions by 43,000 tons in 16 years. About 320 farm households in Cao Phong District will engage in the reforestation activities, and these farmers will receive compensation for the planting labor, as well as income from lumber, fruits and other forest products from the restored forests. The project is expected to contribute not only to the prevention of global warming, but also to the alleviation of poverty among local residents.

Reforestation project supported by Technical Cooperation Registered as CDM Project

登録日時: 2009/07/19 06:00:15 AM