WhY WE DO IT

The importance of forests to fight against global warming is self evident due to the fact that it is the land ecosystem with the bigger CO2 absorption and storing capacity. Peru plays an important role in this context since it is the 9th country in the world with the biggest forest cover, with 13% of the tropical Amazon rain forest, an extension that reaches 66 million hectares.

Latest scientific research made by the Rainfor project in June 2009 shows that under normal conditions, the Amazon rainforest has the capacity to absorbed 2000 millions tones of C02 yearly; close to 10% of the annual world emissions. In recent years, estimates for deforestation and forest degradation were shown to account for 20-25% of greenhouse gas emissions, higher than the transportation sector. It is now widely accepted that mitigation of global warming will not be achieved without the inclusion of forests in an international regime.

Peru has been increasingly suffering from deforestation, mainly because of the expansion of agricultural lands in the hands of poor people who migrate from locations where there is lack of land and opportunities. Therefore, Peru has a total surface appropriate to be reforested of around 10 million hectares, area that after being planted with trees could capture more than 200 million tons of CO2 yearly.

It is also important to remind that the Amazon hosts the biggest Biodiversity in the world and it is one of the most valuable water reservoirs. The Amazon represents not only a home but sustenance and livelihood for more than 3 million people in Peru.

Bioforest emerge to facilitate responsible investors the access to projects that follow sound economic, environmental and social sustainable criteria; establishing in this sense market mechanisms that allow the properly management of resources.