Disney invests in REDD: US$4M for forest PAs in Congo, Peru

The Walt Disney Company announced Tuesday that it has made a $4 million investment in forest conservation projects to decrease carbon dioxide emissions.


The money will go to Conservation International for reforestation projects in the Tayna and Kisimba-Ikobo Community Reserves in the Democratic Republic of Congo, and the Alto Mayo conservation project in Peru.

The $4 million is one of the largest corporate donations ever made to an international effort known as Reduce Emissions from Deforestation and Forest Degradation — or (REDD.

The REDD program rewards countries that preserve forests with carbon credits that can then be sold for cash on the global carbon market.

full story