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13/06/2023

Two new projects in Madagascar and Viet Nam

After the start of the FRECAR project in Uganda in 2021, the VELUX Group and WWF have as of today officially launched two new forest projects in Viet Nam and Madagascar!

These projects, funded by the VELUX group, are aimed at protection and reforestation of forest for carbon sequestration, and improving biodiversity and community livelihoods. Under this partnership, forest projects are financed that capture carbon equivalent to the historical CO2 emissions of VELUX delivered by WWF. The twenty-year partnership will deliver a portfolio of forest projects in tropical forest landscapes with high biodiversity value that will create positive change for people, nature and climate. The carbon captured from these forest projects will be donated to the host countries’ climate commitments under the Paris Agreement. This means that the carbon captured by the forest projects will not be used for off-setting of VELUX carbon emissions or any other organisation’s emissions.

Face the Future provides technical support to WWF for the forest carbon project development and the validation of the project under the VCS-CCB Standards of VERRA, together with guidance for the implementation of the project and the development of an efficient monitoring set-up, combined with tailor-made capacity-building.

The Green Shores Project: Resilient Mangrove Ecosystems in Western Madagascar

The mangroves in the Manambolo-Tsiribihina Landscape in Western Madagascar are critical for supporting small-scale fisheries and crab fishing which sustain the local population and provide vital natural protection against storms and cyclones that hit the island nation. The goal of this project is to increase the mangrove area and carbon stock, improve biodiversity conditions, and increase the resilience of local communities. This will be done through reducing the demand for mangrove wood consumption, the development of sustainable value chains and other income generating alternatives, combined with the improvement of mangrove protection by enhancing monitoring systems and involvement of communities in protection of the ecosystem. In addition to protection of the mangroves, the project will restore degraded mangrove areas and enhance sustainable fishery. The project area consists of 21,000+ha of REDD* and 4,900ha of ARR* (1,400ha active and 3,500ha passive restoration).

Forest Restoration and Livelihood in Tay Giang Project Vietnam

The project is located in the mountainous Central Annamites Landscape of western central Viet Nam, home to a variety of ethnic minorities and incredible biodiversity. However, the rapidly disappearing forest cover threatens the area’s biodiversity and people’s traditional ways of living. The project therefor aims to support increased forest carbon stocks and biodiversity and improved community well-being. This will be done through addressing key drivers of deforestation and degradation and enriching and restoring natural forests, providing capacity building and awareness raising, and promoting communities’ active participation in forest management and livelihood (income generating) activities. This will be combined with enhancing monitoring systems, and policy enforcement & implementation in protection of the ecosystem. The project area consists of over 58.000ha, including REDD and ARR.

*REDD - reducing emissions from deforestation and forest degradation.
*ARR - afforestation, reforestation, and revegetation.

For more information on the WWF-VELUX partnership, click here.

About the VELUX Group: For almost 80 years, the VELUX Group has created better living environments for people around the world; making the most of daylight and fresh air through the roof. Our product programme includes roof windows and modular skylights, decorative blinds, sunscreening products and roller shutters, as well as installation and smart home solutions. These products help to ensure a healthy and sustainable indoor climate, for work and learning, for play and pleasure. We work globally – with sales and manufacturing operations in more than 40 countries and around 11,500 employees worldwide. The VELUX Group is owned by VKR Holding A/S, a limited company wholly owned by non-profit, charitable foundations (THE VELUX FOUNDATIONS) and family. In 2019, VKR Holding had total revenue of EUR 2.9 billion and THE VELUX FOUNDATIONS donated EUR 178 million in charitable grants.

About WWF: WWF is an independent conservation organisation, with over 30 million followers and a global network active in nearly 100 countries. Our mission is to stop the degradation of the planet's natural environment and to build a future in which people live in harmony with nature, by conserving the world's biological diversity, ensuring that the use of renewable natural resources is sustainable, and promoting the reduction of pollution and wasteful consumption.

Photo's:
- Manambolo-Tsiribihina mangrove landscape (photo credit: Hans van Noord, Face the Future)
- Central Annamites Landscape (photo credit: Nyguyen Ngoc Quang, WWF-Viet Nam)

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