The climate change mitigation project “Sustainable forest management applied in Eastern Antioquia, under the BanCO2 scheme” is developed in the Corporación Autónoma Regional de las Cuencas de los Ríos Negro y Nare (CORNARE) jurisdiction which is located in Antioquia department, Colombian Andean region. The project aim is to mitigate the GHG emissions due to deforestation in the project area through a comprehensive forest management based on payment for ecosystem services to rural communities and implementation of productive projects to promote the conservation and restoration of forests. BancO2® is a payment scheme for ecosystem services that was created 8 years ago and whose objective is to preserve strategic ecosystems and improve the quality of life of the communities that live there.
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