BioCarbon Partners is a new partner for Maliasili. BCP is a start-up social enterprise that works to develop forest carbon projects based on the principles of REDD+ (Reduced Emissions from Deforestation and Forest Degradation) in order to generate social benefits and incentives for conservation in high-biodiversity landscapes.
Biocarbon Partners is based in Zambia and their first major project in the Lower Zambezi ecosystem – Zambia’s first pilot REDD+ project – covers approximately 120,000 hectares, of which 39,000 is protected forest. This project achieved certification by the Verified Carbon Standard in 2014, having previously also obtained triple ‘Gold’ level certification by the Climate, Community and Biodiversity Alliance Standard; becoming Africa’s first project to achieve this.
Biocarbon Partners is now working on developing a landscape level approach, with support from USAID, in the Luangwa Valley ecosystem, which is Zambia’s premier wildlife and wilderness area. Maliasili Initiatives is working with BCP on developing a strategic plan and revised business plan that takes account of their achievements over the past several years and will enable successful execution of their current operational growth and expansion targets.