Disney carbon deal sets stage for more partnerships

12 August 2016
The Phnom Penh Post
Forest trade and finance / Forests and forestry / National parks and wildlife sanctuaries
Ana Aires Carpinteiro / Climate Change Mitigation Project / Keo Seima Wildlife Sanctuary / Marcus Hardtke / Ministry of Environment / Nexus Carbon for Development / Reducing Emissions from Deforestation and Degradation program (REDD+) / Ross Sinclair / Walt Disney Company / Wildlife Conservation Society (WCS) / William Heidt

Cambodia’s first large-scale private-sector sale of carbon credits was finalised yesterday, with conservationists predicting that it could pave the way for more public-private partnerships, making millions of dollars of funding available for local carbon-based initiatives. US entertainment giant Walt Disney Company has officially purchased $2.6 million in carbon credits from a climate change mitigation project in Keo Seima Wildlife Sanctuary, which covers 300,000 hectares in Mondulkiri province, in a bid to offset its global footprint. …

 Kali Kotoski
http://www.phnompenhpost.com/business/disney-carbon-deal-sets-stage-more-partnerships