131-Reforestation Project Using Paulownia for Carbon Sequestration

Reforestation Project Using Paulownia for Carbon Sequestration

Name	Website	Location of headquarters	Organization type
Sustainable Capital Group Panama S.A.	http://www.scgpanama.com/#D:Mes donneesDropboxPublicthese a gardbase projetListe développeurs projets.xlsx#Feuil1!C148	Panama	private for-profit

Name	Website	Location of headquarters	Organization type

ID-RECCO ID
131
Project status 2022
ended
Project name
Reforestation Project Using Paulownia for Carbon Sequestration
Secondary name
Commercial Reforestation with Paulownia and Carbon Dioxide Capture
Country
Panama
Last IDRECCO update year
2020
Size (in hectare)
800
Start year
2011
End year
2051
Duration
40
Project description
This project seeks to reforest degrading lands by designing a commercially-viable forestry operation using the plant species Paulownia in an area of the Bayano River basin that is severely deforested and has degrading soils due to the effects of subsistence agriculture and cattle ranching. The project aims to provide an alternative to destructive land-use activities like cattle-farming by establishing a sustainable forestry practice in which tree harvesting occurs in cycles to ensure that carbon stocks are well maintained.
Objective 1
timber production
Objective 2
biodiversity conservation
Objective 3
climate
Deforestation drivers
illegal logging, industrial agriculture or cattle ranching
Type of forest
ND
Project activity
ARR
Project Type
ARR
Details for Afforestation/Reforestation activity
plantation
Multiple locations?
No
Jurisdiction level 1
Province : Panama
Jurisdiction level 2
District : Chepo

Carbon standard 1 Progress
ND
Carbon standard 1 Publication date
40725
Carbon standard 1 Weblinks
https://www.rainforest-alliance.org/business/sites/default/files/climate_project/Sustainable-capital-group-audit-report.pdf
Carbon standard 1 Expiry date
ND
Carbon standard 2
none
Carbon standard 2 Progress
ND
Carbon standard 2 Publication date
ND
Carbon standard 2 Weblinks
ND
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
https://www.forest-trends.org/project-list/ http://www.scgpanama.com/news/sustainable-capital-group-panama-featured-forest-carbon-portal-11 (not accessible as of august, 2014); http://www.rainforest-alliance.org/climate/projects/paulownia (not accessible as of September 2020);