2011: The JPMorgan Chase Foundation has provided the second of two $1 million grants to support the development of high-quality REDD projects — in countries such as Mexico, Peru and Kenya — which are enabling local communities and NGOs to design and implement projects that conserve tropical forests and reduce greenhouse gas emissions. The grant has the potential to "unlock" the wealth of public and multilateral financing that has been committed and to scale up support for forest conservation and carbon market development.
JPMorgan Chase & Co. is a member of CI's Business & Sustainability Council, a community of companies committed to leveraging their business experience and resources to protect nature for the benefit of humanity.
JPMorgan Chase & Co. also played a key role in the development of the Integrated Biodiversity Assessment Tool (IBAT) for business by providing guidance during the development stages as well as critical funding to the project, and is recognised as a Founding Supporter.
For more information about JPMorgan Chase & Co., please visit www.jpmorganchase.com.