Argos CO2 Offset Project, through reforestation activities for commercial use

Project/Juridiction proponent

NameWebsiteLocation of headquartersOrganization type
Cementos Argos S.A#http://www.argos.co/Colombia#ColombiaPrivate for profit

Project/Juridiction Partners

NameWebsiteLocation of headquartersOrganization type
MGM Carbon Portfolio, S.a.r.lNDColombiaPrivate for profit

Project characteristics

  • ID-RECCO ID
    194
  • Project status 2022
    Ongoing
  • Project name
    Argos CO2 Offset Project, through reforestation activities for commercial use
  • Secondary name
  • Country
    Colombia
  • Last IDRECCO update year
    2020
  • Size (in hectare)
    2754
  • Start year
    ND
  • End year
    2030
  • Duration
    25
  • Project description
    The proposed project activity consists of the reforestation for commercial purposes (local and international markets) of 2,754 hectares with teak (Tectona grandis) plantations in extensively managed or unmanaged lands. This will bring changes in the land-use pattern of the region from extensive unmanaged cattle raising and an expanding agricultural boundary to other land-use activities, while generating carbon credits from the reduction of GHG emissions.
  • Objective 1
    timber production
  • Objective 2
    climate
  • Objective 3
    biodiversity conservation
  • Deforestation drivers
    cattle grazing, industrial agriculture or cattle ranching, local livelihoods
  • Type of forest
    humid
  • Project activity
    ARR
  • Project Type
    ARR
  • Details for Afforestation/Reforestation activity
    plantation
  • Multiple locations?
    Yes
  • Jurisdiction level 1
    Department : Sucre
  • Jurisdiction level 2
    Municipality : San On:re

Carbon accounting

  • Crediting period
    2005-2030
  • Period to calculate annual carbon credits
    2005-2030
  • Annual carbon credits
    36930.52
  • Total carbon credits
    923263
  • Leakage is expected?
    yes
  • Carbon pools included
    Above ground biomass | Below ground biomass
  • Gasses included
    CH4 | CO2 | N2O
  • Reference period start year
    ND
  • Reference period end year
    ND
  • Carbon standard 1
    CDM

Carbon certification

  • Carbon standard 1 Progress
    certified
  • Carbon standard 1 Publication date
    41334
  • Carbon standard 1 Weblinks
    http://cdm.unfccc.int/Projects/DB/TUEV-SUED1261416776.52/view
  • 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
    http://cdm.unfccc.int/Projects/DB/TUEV-SUED1261416776.52/view; Controversial article: http://carbonmarketwatch.org/the-mandate-to-protect-human-rights-in-the-cdm-newsletter-17/ http://www.argos.co/Colombia

Community level intervention

  • Any monetary benefits?
    Yes
  • Monetary benefit type
    Non-conditional
  • Monetary benefit detail
    The project increases family incomes through employment sallary
  • 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?
    No
  • Is there forest enhancement?
    Yes
  • Is there community infrastracture improvement?
    Yes
  • Is there other community benefits?
    ND