|
|
|
 |  |  |
| | |
|
| TZ1 Appointed as Global Registry Partner for Plan Vivo | | Feb 20 2009 | |
London, United Kingdom. 20 February 2009. World leading environmental markets registry provider, TZ1 Registry has been appointed as the Global Registry Partner for Plan Vivo. The Plan Vivo System and Standards are developed and maintained by the Plan Vivo Foundation, a charity registered in Scotland.
Plan Vivo is a framework for community-based land-use projects that develop livelihoods, conserve and restore local ecosystems, and help to fight and adapt to climate change through Payments for Ecosystem Services (PES).The Plan Vivo Foundation registers and reviews projects against the Plan Vivo Standards, and issues Plan Vivo Certificates, each representing the reduction or avoidance of one tonne CO2e plus additional livelihood and ecosystem benefits.
There are currently three operational Plan Vivo projects in Mexico, Uganda and Mozambique with more in the pipeline. Collectively Plan Vivo projects have generated over 600,000 voluntary emissions reductions (VERs) to date.
The TZ1 Registry is recognized as the thought leader in extended environmental markets registry provision including the only biodiversity registry services, and other significant ecosystem infrastructure facilities.
"Plan Vivo has the potential to have a critical and significant impact in developing countries. It is imperative that our infrastructure and services support our goals and projects," said Alexa Morrison, the Plan Vivo Governance and Policy Manager. "The TZ1 Registry team has shown tremendous empathy to our needs and overall organizational objectives, and will add value and robustness to our offering."
"Plan Vivo is internationally recognized for its focus on helping address key international challenges and TZ1 is delighted to be chosen to play such an important role in the provision of listing the Plan Vivo credits, and to ensure authenticity and viability of the Plan Vivo system," said Helen Robinson, Chief Executive, TZ1 Registry.
The TZ1 Plan Vivo Registry will list Plan Vivo Certificates (VERs) which will be publicly available on-line for viewing by accessing www.planvivo.com and TZ1 www.tz1market.com
About TZ1
TZ1 Limited is a pre-eminent environmental commodities markets infrastructure provider. As the global trend in managing environmental assets moves towards price-based mechanisms, a robust registry is an essential tool to provide transparency and credibility. Only credible and robust financial infrastructure (with inherent flexibility) will best serve this new marketplace. A core part of the TZ1 business is its Registry service, providing critical market capability and giving the necessary comfort to project developers, buyers and the increasingly important investors in these emerging markets. For more information: http://tz1market.com
About Plan Vivo
Deforestation and land-use change are a major cause of GHG emissions and accelerate the degradation of ecosystems, undermining the well-being of rural communities. The worst degradation can be found in developing countries where rural communities are locked into negative cycles of poverty and unsustainable exploitation of natural resources. Plan Vivo projects are designed to break these trends, not only to sequester or conserve carbon but to have real, long-term value, address local needs and promote sustainable livelihoods. Project activities include afforestation and agroforestry, forest conservation, restoration and avoided deforestation, and are implemented by small-holders or communities. Participants (Plan Vivo producers) received staged payments for the ecosystem services they provide. Projects must meet the Plan Vivo Standards to ensure their robustness and sustainability. Carbon credits from Plan Vivo activities are calculated using peer reviewed technical methodologies, which include risk-management approaches to ensure long-term benefits.
Media Contacts
TZ1
Lucinda McFadden
lucy.mcfadden@nzx.com
+64 4 496 2890
Plan Vivo Foundation
Alexa Morrison
Alexa.Morrison@planvivofoundation.org
+44 (0)131 672 3782
|
|
|
 | |  |
|
|
|
