Safeguards Assessment and Capacity Building under the ONE-SL Project
Climate Policy MakingESG Safeguards
2020 - 2023
The Offset National Emissions through Sustainable Landscapes (ONE-SL) program will support developing countries to unlock new private sector sources of finance and incentivize protection of forests. The program will help developing countries overcome unique technical challenges to improve sustainable forest landscape programs in order to become eligible suppliers of carbon offsets under major international environmental markets.
The purpose of the Offset National Emissions through Sustainable Landscapes (ONE-SL) project is to address challenges in partnership with country stakeholders, the private sector, and the Department of State (DOS). The goal of ONE-SL is to develop understanding, capacity, and tools to enable countries to participate in jurisdictional REDD+ with nested projects and derived offsets that have unimpeachable quality and meet private sector needs.
The expected results of ONE-SL are greatly enhanced understanding, capacity, and access to innovative tools for successful REDD+ implementation among countries, project developers and commercial industry offset purchasers. ONE-SL will serve as a critical missing puzzle piece to ensure sustainable REDD+ programs that support conservation, sustainable landscapes, and resilience of forest ecosystems. The project will allow the mobilization of investment from commercial industry, and increased ambition and success from forest nations. The anticipated impact of ONE-SL is a reduction of 85 million tons of CO2e emissions, 297 thousand hectares under improved management, and $2 million invested in jurisdictional REDD+.
Country: United States, Uganda, Uruguay, Cambodia, Kenya, Colombia, USA, Global
Region: Asia-Pacific, Latin America and the Caribbean, Africa, Western Europe and Other States, Global