Working together: Project Partner Portfolio
Our portfolio of certified projects is thoroughly vetted to ensure verified outcomes. Each deliver a range of ecosystem services outcomes, including biodiversity protection, peatland restoration, tropical forest conservation and community-led forestry.
Each project type requires investment in local communities, to deliver a “triple bottom line” for the environment, communities and biodiversity. We rely on project licenses from the Indonesian government to ensure legality, protect land tenure and ensure concession areas are secured for periods of 25 years or longer.
Lestari Capital is open to any type of project with the potential to deliver meaningful conservation impact. We strive to form a collaborative relationship to help projects launch, scale and obtain relevant certification and thus we will ultimately consider any project type at any stage of development. At our proof of concept stage, the SCCM project portfolio requires one of the following three license types:
- 1. Ecosystem Restoration Concessions
- 2. REDD+ Project Concessions
- 3. Community Forest Initiatives
Ecosystem Services Standards
Our technical team selects projects that are certified under internationally recognized standards, placing them on the forefront of tropical conservation, ecosystem restoration and community forestry.
Although a critical component to our market platform, we also understand that the certification process can be a burden for projects, and thus we work closely with partners to provide links to technical assistance and donor finance for initiatives that are not yet certified.
Standardized project certifications provide quality assurance and streamline monitoring and evaluation systems across a diverse project portfolio. Best practices as laid out in the Climate, Community & Biodiversity Standards (CCBS) are followed for all projects, except for community forests. For community forest projects, the SCCM relies on the Plan Vivo standard, which is specifically tailored to community-led initiatives. Although the SCCM does not transact carbon units, for projects that have an added co-benefit of Verified Emissions Reductions, the SCCM requires certification under the Verified Carbon Standard (VCS).
These standards help ensure that each project is developed according to best practices, is independently audited and is endorsed by relevant local communities and government agencies. These certifications help standardize our process for monitoring and evaluation, while empowering communities with tools they need to continue the progress made by conservation and restoration teams.
The worldʼs leading voluntary carbon offset certification program
The leading certification for community forest initiatives.
Assuring multiple benefits for people and environment
"Ultimately, we believe that supporting the launch and development of new projects, with models for long-term financial stability, is how we will achieve lasting impact through our company "
Michal Zrust, Co-Founder and CTO