Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rocket domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/redddbnew/2024.reddprojectsdatabase.org/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/redddbnew/2024.reddprojectsdatabase.org/wp-includes/functions.php on line 6114
123-Southern Nicaragua CDM Reforestation Project - Idrecco

Southern Nicaragua CDM Reforestation Project

Project/Juridiction proponent

NameWebsiteLocation of headquartersOrganization type
Precious Woods Holding Ltdwww.preciouswoods.com#http://www.preciouswoods.com#NicaraguaPrivate for profit

Project/Juridiction Partners

NameWebsiteLocation of headquartersOrganization type
Kingdom of Spain - Ministry of Agriculture, Food and Environment and Ministry of Economy and CompetitivenesNDNicaraguaPublic
Ministry of Sustainable Development and Infrastructure, LuxembourgNDNicaraguaPublic
Sumitomo ChemicalNDNicaraguaPrivate for profit
Sumitomo Joint Electric Power Co., Ltd.NDNicaraguaPrivate for profit
Suntory Holdings LimitedNDNicaraguaPrivate for profit
TEPCO (The Tokyo Electric Power Co., Inc.)NDNicaraguaPrivate for profit
The Okinawa Electric Power Co., Inc.NDNicaraguaPrivate for profit
Eco-Carbone S.A.S.NDNicaraguaPrivate for profit
Government of Italy - Ministry for the Environment, Land and SeaNDNicaraguaPublic

Project characteristics

  • ID-RECCO ID
    123
  • Project status 2022
    Ongoing
  • Project name
    Southern Nicaragua CDM Reforestation Project
  • Secondary name
  • Country
    Nicaragua
  • Last IDRECCO update year
    2020
  • Size (in hectare)
    813
  • Start year
    2003
  • End year
    2033
  • Duration
    30
  • Project description
    The project consists in the reforestation of 813 ha of former pasture land with teak and native wood species in Southern Nicaragua. The objectives of this project is to contribute to the sustainable development of Nicaragua through reforestation to generate sustainable wood supplies to reduce pressure on natural forests and to serve as carbon sink.
  • Objective 1
    timber production
  • Objective 2
    social development
  • Objective 3
    climate
  • Deforestation drivers
    fire, local livelihoods
  • Type of forest
    humid
  • Project activity
    ARR
  • Project Type
    ARR
  • Details for Afforestation/Reforestation activity
    plantation
  • Multiple locations?
    Yes
  • Jurisdiction level 1
    Departments : Rivas and Rio San Juan
  • Jurisdiction level 2
    Municipality : Cardenas and San Carlos

Carbon accounting

  • Crediting period
    2003-2033
  • Period to calculate annual carbon credits
  • Annual carbon credits
  • Total carbon credits
    237448
  • Leakage is expected?
    ND
  • Carbon pools included
    ND
  • Gasses included
    ND
  • Reference period start year
    ND
  • Reference period end year
    ND
  • Carbon standard 1
    CCB

Carbon certification

  • Carbon standard 1 Progress
    ND
  • Carbon standard 1 Publication date
    ND
  • Carbon standard 1 Weblinks
    ND
  • Carbon standard 1 Expiry date
    ND
  • Carbon standard 2
    CDM
  • Carbon standard 2 Progress
    certified
  • Carbon standard 2 Publication date
    40664
  • Carbon standard 2 Weblinks
    https://cdm.unfccc.int/filestorage/H/0/R/H0RX562V4MNS8WDFIGO3TJULQZE7KC/VR%20Precious%20Woods%20v06%20incorporating%20all%20changes-11-Feb-11-clean.pdf?t=QXN8cWhrM2VmfDAK8G55Hq-r3RkaYoc6YqDh
  • Carbon standard 2 Expiry date
    ND
  • Carbon standard 3
    none
  • Carbon standard 3 Progress
    ND
  • Carbon standard 3 Publication date
    ND
  • Carbon standard 3 Weblinks
    ND
  • Carbon standard 3 Expiry date
    ND
  • Source of information
    http://cdm.unfccc.int/Projects/DB/BVQI1283980227.35/view; Accessed Jun 2023 https://www.preciouswoods.com/de/home; Accessed Jun 2023 http://www.forestcarbonportal.com/project/southern-nicaragua-cdm-reforestation-project; Not accessible Sep 2022

Community level intervention

  • Any monetary benefits?
    ND
  • Monetary benefit type
    ND
  • Monetary benefit detail
    ND
  • Provides employment?
    Yes
  • Are there non-cash benefits?
    Yes
  • Economic activities - type
    agriculture | tree planting
  • Is there tenure clarification?
    ND
  • Is there environmental education?
    ND
  • Is there forest access restriction or control/monitoring of deforestation?
    ND
  • Is there forest enhancement?
    Yes
  • Is there community infrastracture improvement?
    No
  • Is there other community benefits?
    No