Using a carbon-asset-backed loan to protect forests and produce cocoa
Paris Agreement
Peru committed to 30% reductions below its business as usual emission scenario by 2030, 10% of which is contingent upon international financial support.
The work of Deforestation-Free Cocoa is already helping smallholder farmers take steps to contribute to Peru’s commitment to address climate change by mobilizing USD 7 million of financing and ensuring that emissions of 4.5 million tonnes of CO2 equivalent are avoided by 2020.
Cooperativa Agraria de Servicios Múltiples Tambopata Candamo