The upcoming IFES Masterclass 2023 taking place from 20-22 November in Frankfurt will be no exception, inviting attendees to each offset a portion of the CO2 emissions with a nominal one-off payment of 18,25EUR on this event. This payment is calculated to cover an estimated average 365 kg of carbon emissions per person (including a 1000km economy flight, 3 hotel nights, 7 meals and 100km of local train transport).
100% of this donation will be allocated to the FAMAB Stiftung FAMAB-Forest project in the Mamoni Valley, Panama where valuable rainforest areas have been lost due to illegal clearing. Many of IFES’ members contributed to the initiation of this German-based project, so it is a choice that is already close to IFES hearts. In contrast to supporting existing projects, ForestFinance, FAMAB’s partner in forest investment, is creating a completely new forest in this a biodiversity hotspot, whose conservation and promotion makes a decisive contribution to global biodiversity as well as contributing to the social security of local workers and their families. The decision to create this gold-standard project took into consideration that being located close to the equator, the forests will grow faster with a resultant quicker Co2 reduction. In addition FAMABs local provider has built a wood-processing factory so the wood processed in Panama stays in Panama.
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