Introduction Climate Change Resources Smarter Chemistry Engagement and Advocacy Appendix 2023 Environmental Progress Report 78 Appendix A Carbon offsets We retired the following carbon offsets toward our corporate emissions footprint for 2022. Project name Project description Vintage Volume retired Registry link Alto Mayo The Alto Mayo Protected Forest (AMPF) covers approximately 182,000 hectares of land in the Peruvian Amazon of extremely 2016β2018 9,100 registry.verra.org/app/projectDetail/VCS/944 high value for biodiversity conservation and watershed protection. The threats to the area have increased in the last decade with the development of regional infrastructure projects and the rising price of coffee β the main crop grown in this area β leading to increasing deforestation and the subsequent loss of ecosystem services that this area provides. In response, Conservation International and its allies in the region designed the Alto Mayo Conservation Initiative (AMCI) to promote the sustainable management of the AMPF and its ecosystem services for the benefit of the local populations and the global climate. With the financial support of carbon financing, these actions are facilitating the conservation of large expanses of forest with associated climate change mitigation benefits while also creating opportunities for the sustainable development of local communities. Chyulu Hills The Chyulu Hills REDD+ Project (CHRP) is a multi-partner initiative designed to promote climate change mitigation and 2017 315,000 registry.verra.org/app/projectDetail/VCS/1408 adaptation, restore biodiversity, and create alternative livelihoods under the UN scheme of Reducing Emissions from Deforestation and forest Degradation (REDD+). Itβs located in the Tsavo-Amboseli ecosystem in southeastern Kenya and stretches over an area of over 410,000 hectares. Its main geographic feature is the volcanic Chyulu Hills mountain range, from which the project derives its name. This project presents a broad ecosystem approach, including REDD+, to provide long- term sustainable financing and management to maintain the ecological integrity of an iconic African landscape. The project will help protect a very high-value wildlife and biodiversity area while supporting the development needs of Indigenous and other local communities.
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