Ministry of Environment and Wildlife Alliance Sign MoU

A Memorandum of Understanding (MoU) between the Royal Government of Cambodia (RGC) through the Ministry of Environment (MoE) and conservation organisation Wildlife Alliance (WA) was signed yesterday, aiming at developing and implementing Cambodia's largest REDD+ project in Southern Cardamom National Park and Tatai Wildlife Sanctuary.

This demonstrates the RGC's commitment to the protection and conservation of natural resources - in conjunction with livelihood improvement, according to a joint press release AKP received today.

The goal of REDD+ is to contribute in climate change mitigation actions by attaching value to standing forests. The REDD+ project will generate sustainable financial support to protect Cambodia's forests - 500,000 hectares of the Cardamom Rainforest Landscape. It is one of the largest and most biodiverse rainforests still standing in South East Asia.

Under this partnership, RGC will be able to sell carbon credits originating from the Southern Cardamoms landscape, said H.E. Say Samal, Minister of Environment, adding that the revenue will finance the long-term protection of the landscape and support sustainable local livelihoods and rural communities.

"REDD+ in Cardamoms landscape will be the third effort in establishing sustainable financing support for the protection and conservation of forests in Cambodia. It proves that Cambodia is ready for performance based payment in climate change mitigation framework," he underlined.

Wildlife Works Carbon, one of the world's leading carbon project developers, expressed that the REDD+ project in the Southern Cardamoms has the potential to be Asia's leading REDD+ given the global significance of the landscape. "It will position Cambodia as a global leader in REDD+," said Brian Williams, Wildlife Works, Asian Director.

Currently, MoE is cooperating with Wildlife Conservation Society (WCS) and Disney International in implementing REDD+ project in Keo Seima Wildlife Sanctuary, while working with a Japanese company Mitsui and Conservation International in formulating REDD+ project in Prey Lang Wildlife Sanctuary.

Source: Agency Kampuchea Press