What REDD+ is?
REDD+(Reducing Emissions from Deforestation and Forest Degradation Plus) is forest conservation activities, sustainable forest management, activities to strengthen carbon stock and prevent deforestation.
Nowadays, about 20% of the global greenhouse gas emissions are derived from carbon stock emissions due to forest reduce and ruin. Conversely, by protecting forests, we can hold down greenhouse gas emissions. Forests are also very effective as global warming countermeasures because they could absorb atmospheric CO2 and accumulate carbon and reduce greenhouse gases.
Now YL Forest Co., LTD. is implementing REDD + project in Coastal Protection Forest in OKI Regency, South Sumatra Province. Since this site is located on the inland side where the afforestation at the tidal flats was carried out since 2006, local people working together are the same members, and the relationship building and cooperation with the local community is completed already.
Obtained IUPJL-HL license
In order to conducted the REDD + project in Indonesia,we obtained “Environmental Service Permission Business Permission in Protected Forest (IUPJL-HL)” in July 2013.
It is first in Indonesia about got the licence.
Since permission of forestry relations in Indonesia domestic could only be acquired by companies and organizations of Indonesian citizenship, we have signed a joint business contract with PT.Tiara Asia Permai, the company with whom we have a relationship since before. And the manager of the development division has assumed office as a director of PT.Tiara Asia Permai, supervises the local activities, and jointly carries out the project.
Subcontracting REDD + FS business of METI
Entrusted business from Ministry of Economy, Trade and Industry (METI) feasibility study for 4 consecutive years since 2011 and looking foward to doing implementation of REDD+.
- Survey on measures against global warming (REDD+) 2011
- Global warming countermeasure overseas contribution business (REDD+) 2012
- Feasibility study for the contribution visualization of Japanese companies to prevent deforestation and degradation in developing countries (REDD+) 2013
- Feasibility study for the contribution visualization of Japanese companies to prevent deforestation and degradation in developing countries (REDD+) 2014
Aims at credit acquisition at JCM.
Currently, we are aiming to get credits of JCM (Joint Crediting Mechanism) with regard to REDD + projects carried out in the Coastal Protection Forest of Organ Komering Ilir in South Sumatra Province, Republic of Indonesia.
Provide assistance and cooperation to developing countries using Japanese technology, products, infrastructure, services, etc., which are effective in reducing greenhouse gas emissions. Moreover, it is a system that utilizes a certain amount of greenhouse gas that succeeded in reducing to achieve the reduction target of own country. This is JCM.The Japanese government positions the JCM system as a means of achieving global reductions in greenhouse gas emissions through assistance to developing countries and it is necessary to establish a new international framework after the Kyoto Protocol, we are recommending spread of this system at the UN.