REFORESTATION OF DEGRADED FOREST RESERVE AREAS IN GHANA

Project/Juridiction proponent

NameWebsiteLocation of headquartersOrganization type
Swiss Carbon Value Ltd.#https://www.swisscarbon.com/#GhanaPrivate for profit

Project/Juridiction Partners

NameWebsiteLocation of headquartersOrganization type
Miro Forestry (Ghana) Ltd. (Formerly NICOL Miro Forestry)NDGhanaPrivate for profit

Project characteristics

  • ID-RECCO ID
    489
  • Project status 2022
    Ongoing
  • Project name
    REFORESTATION OF DEGRADED FOREST RESERVE AREAS IN GHANA
  • Secondary name
    ND
  • Country
    Ghana
  • Last IDRECCO update year
    2022
  • Size (in hectare)
    5,768 
  • Start year
    ND
  • End year
    2045
  • Duration
    30
  • Project description
    Miro Forestry has over 10,000 hectares of standing plantations, expanding this plantation area at a rate of 3,000 hectares per year and producing sustainable timber products including plywood, rotary veneer, poles, sawn timber, and wood biomass. The plantations are Forest Stewardship Council™ (FSC™) certified meaning the voluntary compliance with the international gold standard of responsible forest management. The plantation in Ghana is around 7° north of the equator and has a tropical climate with average monthly temperatures ranging between 24°C and 28°C and annual rainfall between 1,300 - 1,650mm. The rains predominantly fall in May, June, July, and September with the driest hottest months being December through to March. The land on which the company is establishing plantation forests was severely degraded during the 1980s and 1990s by agricultural clearing and heavy logging. The land has been designated a forestry reserve, and the Ghanaian Forestry Commission is very supportive of foreign investment being deployed to reforest the area. Miro Forestry aims to conform to high environmental, ethical, financial and social standards, and achieve international forestry certification on all plantations. It aims to be the preferred partner for local communities, the national government, and international development and finance.
  • Objective 1
    Other-Forest information access
  • Objective 2
    Timber production
  • Objective 3
    Biodiversity conservation
  • Deforestation drivers
    Other-cocoa farming |Insufficient law enforcement
  • Type of forest
    humid
  • Project activity
    ARR
  • Project Type
    ARR
  • Details for Afforestation/Reforestation activity
    Plantation|Agroforestry
  • Multiple locations?
    Yes
  • Jurisdiction level 1
    Region: Ashanti
  • Jurisdiction level 2
    Municipalities of Asante Akim Central | Sekyere East | Sekyere Central

Carbon accounting

  • Crediting period
    2016-2045
  • Period to calculate annual carbon credits
  • Annual carbon credits
  • Total carbon credits
    9810123
  • Leakage is expected?
    no
  • Carbon pools included
    Above ground biomass | Below ground biomass | Dead wood | Litter | Soil organic carbon
  • Gasses included
    CO2
  • Reference period start year
    1975
  • Reference period end year
    2013
  • Carbon standard 1
    VCS

Carbon certification

  • Carbon standard 1 Progress
    yes
  • Carbon standard 1 Publication date
    44621
  • Carbon standard 1 Weblinks
    https://registry.verra.org/app/projectDetail/VCS/2410;https:=
  • 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://registry.verra.org/app/projectDetail/VCS/2410;https:=

Community level intervention

  • Any monetary benefits?
    Yes
  • Monetary benefit type
    Both conditional and non-conditional
  • Monetary benefit detail
    Conditional: The project guaranteed a benefit-sharing provision for the local community of 5% of pre-tax operating profits | Non-conditional: To maintain leakaage area, the project proponent provide the local communities with the land leasing and benefits agreement
  • Provides employment?
    ND
  • Are there non-cash benefits?
    Yes
  • Economic activities - type
    NTPF|Agriculture
  • 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?
    Yes
  • Is there other community benefits?
    Yes