PART 2 summary of REDD projects in latin america 29 incomes together with improvements in the command and control system increases the chances of guaranteeing the forests existence, once conservation and forest management are consolidated as the property’s primary economy.
Monitoring For the monitoring of deforestation, remote systems based on the Prodes method and Landsat images will be utilized by INPE and the Acre State Central Geoprocessing Center (Unidade Central de Geoprocessamento do Estado do Acre, in Portuguese).
Costs and financing Design, pre-implementation and validation: US$ 588,00021 Implementation: US$ 294 million for the next 15 years Funding Sources: Preparation: Own resources and WWF, GTZ Implementation: Amazon Fund (under negotiation), British Sky TV, among others. Financial Return: Not yet defined
Destination of carbon credits Strategy not yet defined, but sale in carbon market is predicted.
Integration to national redd policies The project is consistent with the baseline methodology utilized by the Federal Government and with the State Prevention and Control of Deforestation Plan.
Primary Challenges Large scale certification and fundraising for project costs. Implementation of a transparent and effective governance system.
21 The project provided values originally in Reais, which have been converted to Dollars with an exchange rate of US$ 1 = R$ 1.7.