CORDILLERA AZUL NATIONAL PARK REDD+ PROJECT
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CORDILLERA AZUL NATIONAL PARK
REDD+ PROJECT
The Cordillera Azul National Park REDD+ project aims to preserve a vast
and unique ecosystem of montane rainforest in the intersection of the
stunning Peruvian Andes mountains chain and the Amazon Basin.
Supported by:
althelia.com
CORDILLERA AZUL NATIONAL PARK REDD+ PROJECT
ALTHELIA –
WHO WE ARE & WHAT WE DO
Althelia Climate Fund is an international generation, and empower communities to
impact investment fund that provides provide a better future for themselves and
strategic financing to projects that are their children.
preventing and reducing worldwide
deforestation, conserving biodiversity-rich Althelia is an investment fund rather than
primary forest and delivering sustainable and an intermediary or buyer of credits. It works
dignified livelihoods to some of the world’s only in close collaboration with local partners
poorest communities. on projects it believes will meet its high
standards. Althelia’s investments are built
Althelia is backed by public institutional with longevity at their core and its approach
investors such as FMO, FinnFund and is to forge long-term relationships with
European Investment Bank, and private partners that enable the development of
investors such as AXA. Its aim – alongside projects and facilitate a path to market for
local project partners – is to keep existing sustainable commodities.
forests standing whilst giving farmers,
communities and stakeholders a way to
keep their environment in tact. Althelia’s
investments provide assistance in improving
crop yields, health, education, and income
MEASURING OUR IMPACT
As an impact investment fund backed by The projects Althelia invests in - including
strong partners, Althelia is committed to Cordillera Azul - achieve permanent emission
ensure every dollar it invests has maximum reductions by providing a way to fight
impact and output for all stakeholders. deforestation and the immediate threat
Projects that pass the rigorous due diligence of climate change. Its strength lies in its
process are executed according to its unique determination to not just generate, but to
“Environmental, Social and Governance Policy quantify and measure the co-benefits of the
and Impact Framework” resulting in multiple projects that are so valuable to Althelia, its
environmental, social and economic benefits investors and its partners.
that are quantifiable and measurable.
1CORDILLERA AZUL NATIONAL PARK REDD+ PROJECT
IN PRACTICE: Cordillera Azul National Park
REDD+ Project, Peruvian Amazon
Through an innovative Public-Private This project provides protection of critical
Partnership between the Peruvian State, a ecosystem services for local communities
respected Peruvian NGO - CIMA, and the who gather resources from over 400 different
Althelia Climate Fund, the Cordillera Azul non-animal forest species for every day use,
National Park REDD+ Project is preserving and rely on the continuing healthy functioning
more than 1.3 million hectares of pristine of soil and water for their survival. The Park
montane rainforest within the Cordillera Azul protects cloud forests and provides for
National Park. The Park, the third largest in the passage of clean water to surrounding
Peru, is bigger than the state of Connecticut agricultural areas; its good management
and is wildly rich in biological diversity. The avoids erosion, maintains rivers and provides
project will protect its unique biodiversity, an abundance of fertile soil in floodplains; and
restore the degraded lands of small farmers its wildlife and its very existence is the cultural
and native communities, and avoid more than and spiritual bedrock for many.
15 million tonnes CO2 emissions over the
next 6 years, which is sufficient to offset all Althelia is working with CIMA, a leading
the flights passing through London Heathrow Peruvian NGO with over 12 years on-the-
Airport over the same period. ground experience in managing Natural
Protected Areas. In 2008 the Peruvian State
The National Park is considered a jewel awarded CIMA the first 20-year full
in the Amazon Basin thanks to its unique Administration Contract to manage the Park.
location at the intersection of the Andes CIMA is responsible for implementing
mountain range and the Amazon Basin. conservation and protection activities such as
Cordillera Azul supports a rich ecosystem of control and surveillance, making it a strong,
indigenous biodiversity, climate protection respected and effective partner to manage the
and a multicultural population living in the project at a local and national level.
buffer zone around the Park. It is under
immediate threat from illegal logging and the
encroachment of subsistence farming by local
communities without access to alternative
ways of income generation.
2CORDILLERA AZUL NATIONAL PARK REDD+ PROJECT
THE DIFFERENCE WE MAKE
CLIMATE
Althelia is making a critically important
strategic investment in the Cordillera Azul FAIR
REDD+ Project, designed to reduce the ECONOMIC SPECIES
pressure from deforestation through a RETURNS
combination of conservation monitoring and
border patrols inside the Park, the continued
roll out of community-based planning in
its buffer zone, and the development of SUSTAINABLE
sustainable agricultural production in the ECOSYSTEMS
ENTERPRISE
populated areas outside its boundaries. The
project is validated and verified to CCBS
Gold level and VCS standards and addresses
all seven target outcomes under Althelia’s
INCLUSIVITY LIVELIHOODS
impact framework.
ALTHELIA ESG “STAR”
CLIMATE INCLUSIVITY
Avoidance of over 15 million tonnes of GHG Participative planning has recognised
emissions over the next 6 years and ensured the critical involvement of
neighbouring communities in all stages of the
SPECIES implementation of the Park.
Long-term protection of more than 1.3 million
SUSTAINABLE ENTERPRISE
hectares of pristine forest of incomparable
biodiversity value Contribution to the material welfare of more
than 1500 local families through establishing
ECOSYSTEMS new agroforestry plots on degraded land,
improved health awareness, education, more
Protection of critical ecosystem services for
housing, and a greater diversity of economic
local communities, including soil, water and
activities to support a socially dynamic zone
over 400 different non-animal forest species
for every day use
FAIR ECONOMIC RETURN
LIVELIHOODS Multiple revenue streams from verified carbon
units and improved agricultural practices
Respect and protection of Indigenous Peoples
producing sustainable commodities that will
communities that have chosen to remain
endure well beyond Althelia’s investment
in voluntary isolation within the borders of
the Park.
3CORDILLERA AZUL NATIONAL PARK REDD+ PROJECT
BIODIVERSITY
The biodiversity of the project area is the Vivians, the spectacular slanted rocky
remarkable making Cordillera Azul National formations that mark out the Park’s unique
Park on of the world’s most important landscape, of which at least 12 are new
conservation areas. The Park protects a to science.
pristine 1,353,190 ha area harboring twenty-
one types of habitat that include wetlands, Camera traps have recorded healthy
palm swamps, cloud forests, lowland forest, populations of tapirs, spectacled bears,
and terrace forests. The intact forests range jaguars, and the elusive bush dogs. With over
from lowlands at 150 meters above sea level 90 species of large mammal, 600 species of
to mountain peaks at 2,400 meters above birds, 70 of amphibians, 41 of reptiles and 175
sea level. Scientists at the Field Museum of of fish, many of which are rare, endemic or
Chicago calculate that there could be between both, Cordillera Azul really is a paradise
4000 and 6000 plant species sheltered by on Earth.
COMMUNITIES
More than 180,000 people in 230 recognises the critical involvement of
communities – immigrant and indigenous – neighbouring communities and development
live in the extensive buffer zone of Cordillera programs within the Park and its buffer zone
Azul National Park, which covers more than in the Huallaga and Ucayali valleys.
2.5 million hectares. Villagers close to park
boundaries are highly dependent on the This project will facilitate the recovery of
services it provides, especially water which 5000 hectares of degraded land made
is vital for their principal economic activity, possible by the community-led Quality of
agriculture. Local populations practice slash- Life plans that zone communal land for
and-burn subsistence agriculture, which sustainable production, including coffee and
causes deforestation and rapidly increases cocoa, as well as reforestation, agroforestry
soil degradation, further weakening their and harvesting of non-timber forest products.
ability to develop sustainable lifestyles in Cordillera Azul National Park contains
the forest. Indigenous Peoples’ communities that have
chosen to remain in voluntary isolation
Local communities have been engaged and the respect and protection of these
at all stages of the participatory planning communities is central to the project. The
process of Cordillera Azul National Park’s pressure on Indigenous Peoples territories
implementation - from delineating the borders grows by the year and globally they are
to constructing and installing park signs among the poorest communities; Cordillera
and eventually to patrolling the limits and Azul is their home and recognised as such by
conducting an inventory of the wildlife. The the State of Peru. Our investment will ensure
Park team have developed a comprehensive that status is maintained and their way of
management plan, the Plan Maestro, that life continues.
4CORDILLERA AZUL NATIONAL PARK REDD+ PROJECT
CONTACT
Juan Carlos Gonzalez Aybar
jcgonzalez.aybar@althelia.com
Althelia Climate Fund
www.althelia.com
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