New carbon project through forest protection
At the beginning of 2023, we launched a new carbon project with our Brazilian partner BRCarbon. Sustainable forest use prevents the forest from being used for other purposes or even cut down. This preserves the forest as a carbon sink and also serves as compensation for PW Amazon’s contribution to forest conservation. The project is being developed under VERRA and CCB standards. Accordingly, it not only guarantees high-quality certificates, but also protects biodiversity and brings benefits for the local population. The distribution of the first certificates is planned for the end of 2024 or the beginning of 2025.