Innovating in the Voluntary Carbon Market with Reforestation of Native Species in Colombia

Location: Colombia

Start Date: 2024

Project Type: Native Species Reforestation

Emissions Removed per year: 40,000 tCO2e

Area: 5,000 ha

Crediting Standard:

ID: coming soon

SDGs:

Overview

Expanding on our experience in Colombia we creating a new forest using 6 different native tree species to maximise the biodiversity of the forest. Our ultimate goal is to create a forest which will be self sustaining after the project duration of 40 years storing 4,000,000 tonnes of carbon dioxide.

Since the founding of Arborify we have been working on making reforestation of native species possible. Typically native species are grow more slowly making funding with carbon credits more difficult. However after extensive research we have found a successful model.

Carbon Integrity Check

The project is verified by Gold Standard, one of the most respected standards in the world and audited by verification and validation bodies.
The project was solely created for the capture of carbon dioxide and the only revenue is the sale of VERs, therefore there are no additionality concerns.
The forest will be managed professionally for 40 years after which it will grow naturally eventually turning into a self sustaining forest.
Leakage issues do not apply to this type of project.
For the certification process we use both samples from the forest and satellite monitoring to determine credit issuance eliminating the risk of over crediting.
The project does not cause any issues with competing land use as the land is highly degraded and cannot be used for other purposes.