Arab Today, arab today disney invests to prevent deforestation
Last Updated : GMT 04:47:02
Arab Today, arab today
Arab Today, arab today

Disney invests to prevent deforestation

Arab Today, arab today

Arab Today, arab today Disney invests to prevent deforestation

Lima - AFP

The Walt Disney Company has bought $3.5 million in carbon credits to prevent the destruction of a jungle in the country\'s Amazon. The Alto Mayo forest -- home to 1,500 settlers -- spans 180,000 hectares in Peru\'s northeast department of San Martin and contains 23 species of endangered flora and fauna. \"The objective Disney shares is to slow down the pace of deforestation in the protected natural area, which has one of the highest rates of deforestation in the country,\" said Luis Espinel, director of the NGO Conservation International that manages the forest. The project, started in 2009, was approved this year by the National Service for Protected Natural Areas (Sernanp) and led to Disney\'s purchase of the carbon credits through a carbon emissions reduction program, said Pedro Gamboa, the service\'s head. In total, Disney paid $3.5 million for 437,500 voluntary credits at a price of $8 per credit, far more than their value on the international markets, Gamboa said. Each credit is equivalent to one ton of captured carbon, he said. Disney is using the credits as offsets to carbon emissions from its global entertainment operations, Espinel said. It chose to target the Alto Mayo forest because of the area\'s rich biodiversity coupled with its vulnerability to encroachment by settlers. The money will go to increase the number of rangers protecting the forest, and to fund conservation agreements with local coffee growers and other farmers that provide them with advice and technical assistance on condition that they not clear the forest. \"We have signed 240 agreements with as many families to become allies in the fight against the burning and destruction of the area,\" Espinel said. International agencies have certified that deforestation and degradation, caused by settlers, generates 2.8 million tons of carbon because of the cutting down and burning of trees, he added. Sernanp chief Gamboa emphasized that \"the only way of protecting the forest is to sign partnerships with communities, giving them technical alternatives so that they have income and understand that they benefit from protecting the area.\" Conservation International has a five year contract, renewable for 20 years, to manage the Alto Mayo project. Espinel said the NGO would look for other companies to buy credit following the agreement with Disney.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today disney invests to prevent deforestation Arab Today, arab today disney invests to prevent deforestation

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today disney invests to prevent deforestation Arab Today, arab today disney invests to prevent deforestation

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Lufthansa chief eyes up to 78

GMT 11:29 2017 Thursday ,21 September

Lufthansa chief eyes up to 78
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Rouhani at UN defends Iran nuclear deal

GMT 09:41 2017 Thursday ,21 September

Rouhani at UN defends Iran nuclear deal
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today China lifts 10-year travel ban

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Actress Ream Hhagag prepares for a new film

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 12:14 2017 Monday ,18 September

Horia Farghaly happy for success of “Case G”

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:49 2017 Wednesday ,20 September

WHO urges Yemen to accept vaccines

GMT 16:04 2017 Tuesday ,19 September

Egypt tourism revival steady but slow

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday