"The most workable system for bringing carbon finance to REDD projects is the Voluntary Carbon Sales, according to the New York based Voluntary Carbon Standards Association (VCSA). VCSA chief executive David Antonioli said his association had spent a large amount of time and resources developing guidance and tools to provide a robust framework under which entrepreneurs can develop methodologies and invest in projects that reduce emissions from deforestation and degradation. We think the early work being done in this space, by entities like Nupan Trading, is particularly noteworthy since you are blazing a new trail and should therefore be recognised if it is done within a framework, he said. VCSA has also thrown its weight behind Kirk Roberts Nupan Trading Corporation which is spearheading voluntary carbon trading in the Kamula Doso and other parts of PNG. We are of course supportive of your efforts and wish you the best of luck in obtaining a positive validation report from the two validators so that you can move ahead with your project. This is good to hear the first validation is nearing completion, please be in touch with my colleague Bret Bronner when you are ready to move on to the second validation, Mr Antonioli wrote. The CEO said a UNFCCC system for REDD is several years from becoming a reality and in the meantime the best bet was to develop such projects under the VCS framework."
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