Due Diligence Assessment of Forest Conservation Project, Indonesia
TLLG has continued working with Lestari Capital, conducting due diligence for a new project being considered for inclusion in their Sustainable Commodities Conservation Mechanism (SCCM). The project has committed to protecting tropical peat swamp forest and conducting livelihood programmes in surrounding communities that address all 17 of the UN Sustainable Development Goals.
The due diligence process involved assessing the project against the SCCM due diligence framework that includes assessment of technical, environmental, social, legal and financial risks. This approach helps to ensure that the projects brought into the SCCM portfolio have the highest chance of achieving their objectives and fulfill Lestari's performance-based payment requirements.