The Rimba Raya Biodiversity Reserve REDD Project

Subsequent years will be financed through additional forwardsales or spot sales in voluntary markets, and possibly throughcompliance markets currently under development.Post-­‐projector components of the project. The primary responsibilities andskill sets are as follows:The organizational structure is elaborated in the table and twocharts below:InfiniteEARTH has developed a comprehensive model to ensurethe financial soundness of the project in perpetuity. In essence, anot-­‐for-­‐profit foundation will be established with an endowmentfunded from the sale of carbon credits. Assuming that all creditswill have been sold by the end of the 30-­‐year project life, theendowment will contain approximately 25M USD, which shouldyield in excess of 1M USD per annum when invested in low riskgovernment bonds. This annual interest will provide for theindefinite protection of the project area. For more information,see Section G3.7, above.“The power of imagination makes usG4. Management Capacity and Best PracticesG4.1. Project Proponents and Governance StructureIdentify a single project proponent which is responsible for the project’sdesign and implementation. If multiple organizations or individuals areinvolved in the project’s development and implementation thegovernance structure, roles and responsibilities of each of theorganizations or individuals involved must also be described.-­‐ Naturalist & ConservationistJohn MuirInfiniteEARTH is the principal project proponent, responsible forthe design and implementation of the project via its localoperational entity, PT. Rimba Raya Conservation. A number ofother institutions are involved in implementing specific programs179