Instinet Holdings Incorporated, a wholly owned subsidiary of Nomura, today announced a project undertaken with the Wildlife Conservation Society (“WCS”) called REDD Positive, which is designed to fund and accelerate early-stage forest conservation and reforestation projects and to provide education about the critical role nature-positive solutions play in processing greenhouse gasses.
Through the implementation of UN-designed REDD Positive frameworks, governments, local communities, and other stakeholders work to protect, preserve, and expand global forests and carbon-rich ecosystems. Additionally, these REDD Positive projects will create transparent and accountable protocols for generating market-tradable carbon offsets (“verified carbon units”, or VCUs) linked to activities that protect and conserve these natural carbon sinks.
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