Corporate Forest Responsibility (CFR), introduced by IORA Ecological Solutions with the support of USAID’s Forest-PLUS program was introduced on August 28th, 2014 in Mumbai in the first private sector focused national level consultation conducted by USAID/Forest-PLUS in India.
CFR serves as the nexus between public and private enterprises for promoting sustainable business practices, conserving Forests and Biodiversity and empowerment of forest dependent communities in India. It facilitates private investment in the conservation and enhancement of forests by developing forestry based adaptation and mitigation measures. CFR is designed to be easily incorporated within the new Companies (Corporate Social Responsibility Policy) Rules, 2014 and business operations of corporations in India.
CFR yields an opportunity for companies to focus their conservation efforts towards an integrated ecosystem intervention approach. CFR addresses the entire value chain which includes
Generating livelihood for forest dependent community,