Overview

Description

Plan Vivo issues credits for emission reduction and removals from protection, restoration or improved management of land or marine areas. The program has a strong focus on livelihood benefits for local communities. These benefits must extend beyond the financial flows from sale of PVCs or direct employment in a project. Each project must deliver long-term local benefits, including biodiversity conservation, poverty reduction and sustainable livelihoods, and restoration of degraded and degrading ecosystems, and adaptation of natural and managed ecosystems to climate change. Plan Vivo guarantees that, through its Benefit Sharing Mechanism, project participants have access to at least 60% of the money coming from every PVC purchased.

Recent Developments

At the end of 2023, Plan Vivo launched the pioneering Biodiversity Standard (PV Nature) (see news 6/12/23 - https://www.planvivo.org/news/plan-vivo-launch-biodiversity-standard). Additionally, Plan Vivo has received funding from a number of different organisations, including the Montpelier Foundation, the Trafigura Foundation and the Darwin Initiative. Plan Vivo has also expanded the team considerably, with a particular focus on strengthening the presence regionally, comprising now have staff in East Africa, Latin America and Europe.

Relation to Compliance Carbon Pricing Instruments or other Voluntary Schemes in the country

Certificates are not used under compliance schemes such as carbon taxes or ETSs. They are only used within the Voluntary Carbon Market worldwide.

Eligible Activities