CO2OL Native Tree Species Reforestation

Project/Juridiction proponent

NameWebsiteLocation of headquartersOrganization type
ForestFinance Groupwww.forestfinance.de/en/#http://www.forestfinance.de/en/#PanamaPrivate for profit

Project/Juridiction Partners

NameWebsiteLocation of headquartersOrganization type
CarbonFixNDPanamaPrivate for profit
Eco Cebaco S.A.NDPanama
ForestFinest Consulting GmbHNDPanamaND
Sustainable Timbers S.A.NDPanamaPrivate for profit

Project characteristics

  • ID-RECCO ID
    132
  • Project status 2022
    Ongoing
  • Project name
    CO2OL Native Tree Species Reforestation
  • Secondary name
    CO2OL Tropical Mix Reforestation Project
  • Country
    Panama
  • Last IDRECCO update year
    2023
  • Size (in hectare)
    13242
  • Start year
    1995
  • End year
    2094
  • Duration
    100
  • Project description
    On the project areas of CO2OL Tropical Mix, formerly fallow and degraded pasture land is reforested with mostly native tree species and turned into mixed forests. Parts of the areas are used for the fair production of organic cocoa. Due to its sustainable management, the project combines environmentally friendly timber and cocoa production with biodiversity protection and ecosystem restoration.
  • Objective 1
    climate
  • Objective 2
    timber production
  • Objective 3
    biodiversity conservation
  • Deforestation drivers
    cattle grazing, industrial agriculture or cattle ranching
  • Type of forest
    other
  • Project activity
    ARR
  • Project Type
    ARR
  • Details for Afforestation/Reforestation activity
    plantation
  • Multiple locations?
    Yes
  • Jurisdiction level 1
    Province : Darién, Chiriquí, Veraguas, Boas del Toro; Panama
  • Jurisdiction level 2
    Multiple locations

Carbon accounting

  • Crediting period
    1995-2024
  • Period to calculate annual carbon credits
  • Annual carbon credits
  • Total carbon credits
    3379220
  • Leakage is expected?
    no
  • Carbon pools included
    Above ground biomass | Below ground biomass | Soil organic carbon
  • Gasses included
    CO2
  • Reference period start year
    ND
  • Reference period end year
    ND
  • Carbon standard 1
    Gold Standard

Carbon certification

  • Carbon standard 1 Progress
    certified
  • Carbon standard 1 Publication date
    43821
  • Carbon standard 1 Weblinks
    https://platform.sustain-cert.com/public-luf-project/2774 - (GS2940 - VVB Verification Report 2019.pdf)
  • Carbon standard 1 Expiry date
    41346
  • Carbon standard 2
    CCB
  • Carbon standard 2 Progress
    withdrawn
  • Carbon standard 2 Publication date
    ND
  • Carbon standard 2 Weblinks
    http://www.climateprojects.info/chameleon/outbox/public/197/5827/PDD_COI_CCBS.pdf
  • Carbon standard 2 Expiry date
    41346
  • Carbon standard 3
    FSC
  • Carbon standard 3 Progress
    certified
  • Carbon standard 3 Publication date
    43633
  • Carbon standard 3 Weblinks
    https://info.fsc.org/details.php?id=a0240000005sSxPAAU&type=certificate
  • Carbon standard 3 Expiry date
    ND
  • Source of information
    Accessible Jun 2023: Gold Standard project website: https://registry.goldstandard.org/projects/details/1796 https://marketplace.goldstandard.org/products/planting-biodiverse-forests-panama https://platform.sustain-cert.com/public-luf-project/2774 Project PDD 2010: https://s3.amazonaws.com/CCBA/Projects/CO2OL_Tropical_Mix_Reforestation_Project/ForestFinance_CCB_valid_Exh_11.pdf CCBA old site: http://www.climate-standards.org/2012/04/20/co2ol-native-tree-species-reforestation/ Proponent project website: https://forliance.com/climate-solutions/project/co2ol-tropical-mix Not accessible Jun 2023: http://www.forestcarbonportal.com/project/co2ol-tropical-mix; http://mer.markit.com/br-reg/public/project.jsp?project_id=100000000000604; http://mer.markit.com/br-reg/public/project.jsp?project_id=103000000006195; http://www.carbonfix.info/COI/; http://www.climateprojects.info/PA-COI/;

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
    plantation forestry | tree planting
  • Is there tenure clarification?
    No
  • 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