The Carbon Bank and Village Development Project is an initiative that encourages, supports,
and enhances community-based indigenous forestry through carbon credit trading to enable successful
climate change adaptation and socio-economic development for local communities and biodiversity
conservation in rural Thailand. The project aims to positively impact 48 villages in rural Thailand. Each
village will establishment a community forest, in return for this each village gains access to income
generating loans via a micro-finance system. Unlike many micro-finance systems, the revenue generated
from the bank is directed back to the community to allow infrastructure development within the village. At
all stages of the project we ensure the local community is involved with all decision making. For example
a village committee is set up to manage the bank, environmental activities. There is equal gender
representation in these committees. Youth are also represented in the process and youth committees
ensure the thoughts of young people are incorporated into any decision making.