Greenoxx NGO sells first tons of REDD Project

May 14, 2010


Greenoxx NGO sells first tons of REDD Project

Contributed by Clair Marrey
Added: 10 May 2010
Expires: 30 November 2010
The Madre de Dios Amazon REDD Project has sold its first 40,000 tons of CO2 in May 2010. Approved according to the CCB Standards & due to it’s high social & environmental sustainability the project obtained Gold Level status.

The Madre de Dios Amazon REDD Project has been registered in the Markit Environmental Registry, as another step towards its future registration in the VCS. The project sold its first 40.000 tons of CO2 in May 2010, at a USD 7 price per carbon certificate.

The Madre de Dios Amazon REDD Project has been approved according to the CCB Standards (Climate, Community and Biodiversity Standards). Due to its high social and environmental sustainability the project obtained Gold Level, being one of first REDD projects to achieve said status.

The project has been developed by Greenoxx NGO, who also financed an important part of the project and is exclusively commercializing.

Greenoxx NGO is a non-governmental organization dedicated to combat Climate Change, an integrant of the Ammado Foundation, based in Dublin, Ireland, and integrated by more than 1800 nonprofits worldwide and a participant in the network of non-governmental organizations of the sustainable community, WiserEarth.

Greenoxx NGO is a Member of the Chicago Climate Exchange (CCX), being able to act as Offset Aggregator. As Offset Aggregator, Greenoxx NGO is responsible for the elaboration and registration of projects eligible for the CCX, as well as of submitting them for approval before the CCX Forestry Committee. It is also responsible for the presentation of annual reports and submission of the corresponding information to CCX officially approved verifiers. As Official Trader or Offset Aggregator, Greenoxx NGO is officially authorized to execute sales on the CCX Trading Platform on behalf of project owners.

At the same time, Greenoxx NGO, integrates the CCX Forestry Committee, whose main responsibilities are the approval of commercial forestry and offset projects, the technical revision of the quantification methodologies and the making of appropriate rule changes. The Forestry Committee, integrated by Greenoxx NGO, does pioneering work in establishing new standards and protocols.

The proposed project activity consists on sustainable forest management in the forestry certified timber concessions “Maderera Río Acre S.A.C. and Maderera Río Yaverija S.A.C.” in Madre de Dios, Peru.

The project is located in the hydrographic basin of the Acre River, Iñapari district, Tahuamanu province in the Madre de Dios department in the Peruvian Amazon.

An environmental study of the Vilcabamba-Amboró Conservation Corridor was recently carried out by the Peruvian NGO AIDER1. Within the objectives of the report was the identification of potential avoided deforestation projects to be implemented in the area.

The studied area is located within 50 km to each side of the new inter-oceanic road that will join Brazil with the Peruvian ports, in the region that belongs to the Vilcabamba-Amboró Conservation Corridor, one of the world biodiversity hotspots.

The conclusion of this analysis is that obtaining revenue for the environmental services that the rainforest offers is the only way to preserve these areas. This approach has great potential to generate sources of additional income for local population with low income, contributing therefore to improve their way of life.

Read the Project Design Document :



Subscribe to our RSS feed and social profiles to receive updates.

2 Comments on “Greenoxx NGO sells first tons of REDD Project”



    Dear Sir/Madam,
    We are a Grassroot Organization called TWEKEMBE ASSOCIATION CENTRE FOR RURAL SYSTEMS AND DEVELOPMENT (T.A-CRUSADE – UGANDA ), operating in the Communities, Incorporated under the Laws of The Republic of Uganda as a Not for Profit Company, Limited by Guarantee, working amongst the Most Vulnerable Persons in Mukono District, Uganda . T.A-CRUSADE- UGANDA empowers Communities to change difficult Situations into Opportunities that Improve their own Living Standards and Welfare to become Responsible Citizens and break away from the Pangs of Poverty.

    Each year, thousands of Ugandan Poor Youth and Children drop out of Schools and fail to get the basic gainful employment, while most of these are Teen mothers, Orphans, Victims of split families, Widows, Pregnant teenagers , from rural and peri-urban areas, HIV Victims. In the course of helping these victims of circumstances, we started a personal initiative in form of an Employment Agency in the Heart of Mukono Town called Twekembe Employment Centre which gives them some bit of Counseling, Meals, Temporary accommodation, Health Care and a Brief Job Mentoring, then give them out to people who employ them in petty jobs like House maids, bar maids and others paying less than one US dollar a day. Over 7,000 People have got jobs through our Employment Agency in the last 6 years though most of them are petty jobs given the level of Skills of the beneficiaries.
    Over a Period of time T.A-CRUSADE– UGANDA has become Conversant with Uganda’s Labour Laws and Regulations. Since T.A-CRUSADE – UGANDA carries out Parallel Monitoring of Workers recruited and Employed through its Job placement Bureau where ever they are taken, it has been witnessed that many have been manhandled, tortured, raped, overworked and some cheated of their wages. And many have desperately fled their work places to join peer groups engaged in deadly activities like thuggery, robberies, prostitution, drug abuse and others all in name of searching for survival. Consequently many have been sexually abused, resulting into unwanted pregnancies, contracting deadly diseases like HIV/AIDS. After rejection by Parents, Partners and Society at large many of these victims of circumstances return to our centre for assistance and moral support. In so doing, we realized that wasn’t a permanent solution. We are seriously overwhelmed by the needs around us given the fact that up to 300 new people report to us in one month for assistance and allocation to pet jobs.

    As a way of Assisting and Re-Intergregating these Vulnerable Persons into Society, T.A- CRUSADE – UGANDA has initiated a Community Vocational Training Project in Nakiwate Village, Nabaale Sub County, Mukono District to Train and Empower them with Vocational Skills in Hair dressing, Tailoring, Carpentry, Computer Applications, Masonry and Brick laying, Craft making among others, with all these Courses blended with an Entrepreneurship Component which will in turn improve on their income generating potential as we strive to improve on their Livelihood Prospects.

    Principally we are requesting for $4500 to purchase Roofing Materials, Doors and Windows for a 5 Class roomed Block we have constructed up to Wall plate level using Local Resources for Training Purposes as we wait for a Confirmed Bulky Vocational Training Equipment Donation from Europe for the same Project (Part of this has already arrived i.e. 28 Electric Sewing Machines).

    Any contribution towards this intent, whether technical, financial or material would be greatly appreciated .I hope you would like to have a look at our Project Write-up and Construction plan.

    Looking forward to hearing from you again
    Kind regards,
    TELEPHONES: +256 752 487 288 / +256 772 487 288


  2. Luis Miguel Aparicio Says:

    How is it possible to sell tons of CO2 being certified by CCBA if CCBA is not a crediting system?
    How can Markit have this project registered as a VCS project when VCS doesn´t?


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: