Forestry VCUs represented approximately 70% of all issued VCUs in 2017
In the last 4 years, the issuance of forestry VCUs have increased 336%. APX has been working closely with forestry project developers and large corporate buyers to solidify the demand for these projects. APX, as a member of IETA, is a strong advocate for the inclusion of REDD projects in emerging carbon pricing schemes, CORSIA, and Article 6. Within the APX VCS Registry, corporations have purchased millions of forestry VCUs to proactively prepare for programs in Colombia and CORSIA. This trend is expected to continue as APX continues to host and promote over 75% of the approved VCS forestry pipeline projects. Come learn more about our forestry projects in Colombia, Kenya, Indonesia and Zambia.