CO2OL Tropical Mix

CO2OL Tropical Mix is a project of the ForestFinance Group. The project area amounts to 399 ha on the Pacific coast of Panama. Degraded pastureland is being reforested with a mix of native tree species and teak. Up to 100 employees are taking care of the forests. CO2OL reforests degraded pastureland with a mixture of native tree species and Teak in Panama, to sequester carbon and produce fine tropical timber.
ForestFinance offers investors worldwide the opportunity to own a forest that yields a high amount of timber and is ecologically and socially sustainable at the same time. In the past, the source for tropical timber has been the primary rainforest or large-scale monoculture plantations. The ForestFinance model is based on combining timber production with biodiversity protection and ecosystem restoration. These forests offer a natural habitat for native animals and plants, protect and enrich the soil, save and filter water and contribute to the mitigation of the green house effect.
The reforestations of ForestFinance are situated in Panama, a country with a high political stability, the US Dollar as main currency, excellent infrastructure and good quality soils.
ForestFinance chooses their reforestation areas after a close examination of the soil quality. The land was originally covered with primary tropical rainforests, converted to agricultural land and afterwards used for cattle ranging. Now, ForestFinance is re-transforming this land into ecological sound forests.
CO2OL is a brand of ForestFinance and specialized in generating voluntary Carbon Credits from sustainable reforestation projects.

   

Documentation:
[None Listed]
News coverage:
[None Listed]

Project Details

Project type:
Afforestation or Reforestation
Location:
Provinces of Panama, Darien, Veraguas, Chiriqui and Boc Panama
Project developer(s) or entities involved:

CO2OL

Project status:
Operational
Contact details:

Julian Ekelhof
CO2OL
(0049)228-96911923
julian.ekelhof@co2ol.de
www.co2ol.de


Germany

Project size:
13,385 hectares
Total actual emissions reductions:
1,330,758 tCO2e
Estimated annual emissions reductions:
[None Listed]
Market:
Voluntary carbon markets
Official project start date:
1995
Standard(s) and project area certifications:
[None Listed]
Crediting period:
30 years
Seeking additional support from:
[None Listed]
Official tenure and land-use rights on the project site(s):
Privately owned
Co-benefits of the project to people or ecosystems:
[None Listed]
More about the project's co-benefits:
[None Listed]
Drivers of deforestation or forest degradation in the project area:
[None Listed]
Project activities that address deforestation or forest degradation:
[None Listed]
Forest/land cover type:
[None Listed]
Tenure and use rights:
Privately owned
Species planting mix:
Verification status:
Verifier(s):
Credit status: