Dominican Republic ER-Program Due Diligence
Dominican Republic ER-Program Due Diligence
Project Development Objective (PDO)
The objective of the Program is to incentivize reduced deforestation, forest degradation and enhancement of forest
carbon stocks (REDD+) at the national level in the Dominican Republic, through payment of verified emission
reductions (ER) and to ensure that paid amounts are distributed according to an agreed BSP.
PDO Indicators
Unit
Target Value
2.
1. Volume of CO2 Emissions Reductions that
have been measured and reported by the
Program Entity, verified by a Third Party,
and transferred to the FCPF Carbon Fund
Payment by the FCPF Carbon Fund for CO2
Emissions Reductions generated by the
Program
tCO2e
6.3 million tCO2e
USD
US$26M (expected)
3.
ER payments distributed in accordance
with an agreed benefit-sharing
Yes/No
Yes
mechanismView entire presentation