Invert Inc., a leading carbon reduction and removal company, and The Earth Lab (TEL), a prominent Mexican carbon project developer, have achieved a significant milestone in their collaborative effort to combat climate change. The two organizations have successfully issued the first Climate Reserve Tonnes from their groundbreaking Improved Forest Management (IFM) projects located in the Yucatan Peninsula. This achievement marks a pivotal step in their shared strategy to develop high-quality carbon projects that promote sustainable development and empower local communities.
The first project to achieve verification, Bonos Laguna Síjil Noh-Há, is a joint venture between Invert, TEL, and the local ejido community. This project has been verified under the Climate Action Reserve’s Mexico Forest Protocol Version 3.0, confirming its impact in preserving and enhancing forest carbon stocks through sustainable management practices. By preventing deforestation, promoting reforestation, and enhancing biodiversity, these projects effectively reduce greenhouse gas emissions and increase carbon sequestration in this critical region.
The Bonos Laguna Síjil Noh-Há project has brought over 380,000 high-quality, North American IFM Removal Tonnes to the market. Through improved forest management practices, Invert and TEL’s Bonos Jaguar del Mayab Portfolio is contributing to the protection of endangered species and the overall health of the ecosystem. Collaboration with ejido communities ensures that local knowledge and needs are integrated into the projects, fostering economic development and environmental stewardship.
These projects also provide an additional income stream for partner ejidos through a community social trust, enabling them to receive the majority of carbon revenues. This revenue sharing model strengthens the economic viability of the projects and empowers local communities to actively participate in the conservation efforts.
“Our partnership with The Earth Lab and the ejido communities has been essential to the success of these projects and reaching this important milestone,” said Andre Fernandez, CEO of Invert. “Their deep understanding of the local environment and commitment to sustainable practices have enabled us to develop projects that not only benefit the environment but also support the continued livelihood of the local community by bolstering our most important resource in the fight against climate change, nature itself.”
Jorge Calderón, CEO of TEL, echoed this sentiment, stating, “Thanks to Invert’s accurate diligence and investment, we have been able to achieve this important project milestone. We look forward to continuing our partnership with Invert and the ejidos to bring the remainder of our high-integrity projects to market while exploring new opportunities in the region.”
In addition to Bonos Laguna Síjil Noh-Há, Invert and TEL’s carbon project portfolio includes Bonos X-Hazil Ruta Sian Ka’an and Bonos Aroma Del Mayab, which are expected to issue CAR-verified credits later this year. These projects, along with Bonos Laguna Síjil Noh-Há, demonstrate the companies’ commitment to developing sustainable solutions that address climate change while empowering local communities and promoting biodiversity in the Yucatan Peninsula.
