Keeling Curve

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Project Summary / Description:

BancO2 Plus is an extension of the Payment for Environmental Services (PES) model developed by Masbosques. This initiative combines the conservation of strategic ecosystems with social inclusion and economic sustainability, providing incentives to vulnerable rural families to protect critical natural resources such as forests, water sources, and biodiversity.

Unlike the traditional model, BancO2 Plus integrates sustainable productive projects, such as agroforestry and ecotourism, which generate additional income for communities and enhance their resilience to climate change. It also fosters strategic partnerships with businesses, local governments, and international organizations to amplify its environmental and social impact.

The goal of BancO2 Plus is not only to preserve ecosystems but also to significantly improve the quality of life for rural communities by positioning them as key stakeholders in combating climate change and promoting sustainable development.

How Project Affects Greenhouse Gas (GHG) Emissions:

['Reduces GHGs (e.g., projects that reduce sources of GHGs, such as through efficiency or other changes in consumption)', 'Removes/stores GHGs (e.g., projects that capture, sequester, or otherwise enhance the "sinks" that accumulate and store GHGs)']

Impact on Underrepresented Groups:

The BancO2 project prioritizes working with climate-vulnerable communities, particularly those living in rural areas with complex social and economic situations. Their participation is key to the success of conservation processes, as the project works directly with family units. By focusing on the protection of strategic ecosystems, the project adopts an inclusive approach, not discriminating by gender, race, or age, but instead prioritizing families in economically and socially vulnerable conditions.

This model allows entire families, regardless of their characteristics, to become guardians of natural resources, fostering both positive environmental impact and significant social strengthening. The active participation of women and youth occurs naturally, as they are essential members of these communities and fundamental actors in the daily management of the territory.

Through Payment for Environmental Services (PES), BancO2 not only improves the living conditions of vulnerable families but also promotes an equitable structure that fosters community integration and reinforces inclusion values in the fight against climate change. This approach ensures that all members of the community, regardless of their context, can actively participate in the transition toward a sustainable future.

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