Project/Juridiction proponent

Project/Juridiction Partners

Project characteristics

• ID-RECCO ID
  128
• Project status 2022
  Ended
• Project name
  Panama Canal Authority Sustainable Forest Cover Establishment Project
• Secondary name
  ACP Sustainable Forest Cover Establishment Project
• Country
  Panama
• Last IDRECCO update year
  2020
• Size (in hectare)
  10000
• Start year
  2007
• End year
  2026
• Duration
  20
• Project description
  The Panama Canal Authority is developing a carbon sequestration project that includes reforestation of native species, agroforestry and silvo-pasture activities to restore 10000 hectares of pasture to improve the environmental and livelihood conditions from the region and protect the main watersheds that supply water to the Panama Channel. The activities and targets under the project are reforestation with commercial and native species (3,445 ha), and the establishment of agroforestry systems (4,147 ha) and silvo-pastoral systems (2,408 ha); all components cover the whole range of operations from nursery establishment and seedling production to planting and maintaining the seedlings. It is expected that all project activities improve ecosystems services and provide an income source alternative to incomes from unsustainable use of forest patches. So far, 3,057 ha of reforestation, agroforestry and silvo-pastoral systems have been established in the project area.
• Objective 1
  biodiversity conservation
• Objective 2
  social development
• Objective 3
  timber production
• Deforestation drivers
  charcoal production, energy wood, fire, illegal logging, industrial agriculture or cattle ranching, industrial wood exploitation, infrastructure, local livelihoods, slash and burn agriculture
• Type of forest
  humid
• Project activity
  ARR
• Project Type
  ARR
• Details for Afforestation/Reforestation activity
  agroforestry, ecosystem restoration, plantation
• Multiple locations?
  Yes
• Jurisdiction level 1
  Province : Panama
• Jurisdiction level 2
  City : Panama

Carbon accounting

• Crediting period
  2007-2026
• Period to calculate annual carbon credits
• Annual carbon credits
• Total carbon credits
  931323
• 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
  42814
• Carbon standard 2
  CCB
• Carbon standard 2 Progress
  expired
• Carbon standard 2 Publication date
  40988
• Carbon standard 2 Weblinks
  http://www.climate-standards.org/2011/06/08/panama-canal-authority-sustainable-forest-cover-establishment-project/
• Carbon standard 2 Expiry date
  42814
• 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://www.climate-standards.org/2011/06/08/panama-canal-authority-sustainable-forest-cover-establishment-project/; http://www.carbonfix.info/ACP/; https://s3.amazonaws.com/CCBA/Projects/Panama_Canal_Authority_Sustainable_Forest_Cover_Establishment_Project/2011-01-17_+PDD_PCA_(Final)%5B1%5D.pdf;

Community level intervention

• Any monetary benefits?
  Yes
• Monetary benefit type
  Conditional
• Monetary benefit detail
  ACP makes annual economic incentive payments to communities to cover the costs of forest establishment and maintenance
• Provides employment?
  Yes
• Are there non-cash benefits?
  Yes
• Economic activities - type
  agroforestry | economic interest groups | microenterprise | plantation forestry | tree planting
• Is there tenure clarification?
  Yes
• Is there environmental education?
  Yes
• Is there forest access restriction or control/monitoring of deforestation?
  Yes
• Is there forest enhancement?
  Yes
• Is there community infrastracture improvement?
  No
• Is there other community benefits?
  Yes