ForestFinest and certification body join forces with local organizations to achieve reforestation effort of 13.200 hectares
The world’s first afforestation and reforestation project set up as a collective action under the high criteria of the renowned Gold Standard has been officially certified, making it eligible for high-quality carbon credits. Under the guidance of forestry and land-use specialists of ForestFinest Consulting and CO2OL, organisations Inverbosques, Aldea Forestal and Reforestada La Paz, chose to join forces to collectively achieve the internationally highly recognized carbon certification for their reforestation of unproductive land.
Understanding that together they could deliver a greater impact in mitigating climate change, the partners opted for collective action through a joint project to bring a greater sum of finance to a priority region, while also reducing resources needed to achieve certification for each partner. Together, they were able to plant a total of 13.205 hectares in the region of Vichada, Eastern Colombia as part of a reforestation concept that aims for the highest ecological and social standards. The forests offer a natural habitat for native animals and plants, protect and enrich the soil, save and filter water and contribute to fighting climate change. Regional employment is a special priority, including providing local workers with the capacity and technology to apply their skills to new transformational activities in the future.
Certified carbon credits from reforestation – setting a benchmark
Gold Standard certified projects issue carbon credits that are sold on the voluntary carbon market, achieving above average market prices due to the level of attention paid to environmental and social safeguards and the additional development impacts the projects deliver – from biodiversity conservation and water purification to local jobs and training. In addition to these benefits to the local community, the project estimates to mitigate more than 1.5 million tons of CO2 in the next 30 years, equivalent to taking 613.000 cars off the road for one year.
Companies, organizations and individuals interested in this joint project and its high quality carbon credits can contact the experts of CO2OL for further information.
About The Gold Standard
The Gold Standard is an internationally renowned carbon certification standard. Its quality requirements are recognized and accepted by many stakeholders from industry, science, civil society and governments. In addition to carbon sequestration, certified projects need to fulfill other environmental and social criteria. Since the Gold Standard started to certify land use projects for climate change mitigation a few years ago, CO2OL has been among its first partners marketing high-quality carbon credits from reforestation projects.
About ForestFinest Consulting GmbH and CO2OL:
ForestFinest Consulting is a leading consultancy service provider for sustainable land use projects. Consultancy services are offered to project developers, development organizations and impact investors. With a highly qualified core team and a wide network of leading land use experts, ForestFinest Consulting assists private companies, non-governmental and public organizations in the development, implementation, management and certification of sustainable forestry, agroforestry and carbon forestry projects worldwide. CO2OL is a consultancy for sustainable business. Our experts work with businesses for a responsible economy, for the sensitive use of limited resources and for the preservation of ecosystems. We are your partner for corporate carbon strategy: calculating carbon emissions, discovering reduction potentials and get on track with climate neutrality. CO2OL offers you action plans, workshops and certifications for your individual sustainability solution and the creation of sustainable supply chains. The CO2OL-team is part of ForestFinest Consulting GmbH.