REFORESTATION OF DEGRADED FOREST RESERVE AREAS IN GHANA
Project/Juridiction proponent
Name | Website | Location of headquarters | Organization type |
---|---|---|---|
Swiss Carbon Value Ltd. | #https://www.swisscarbon.com/# | Ghana | Private for profit |
Project/Juridiction Partners
Name | Website | Location of headquarters | Organization type |
---|---|---|---|
Miro Forestry (Ghana) Ltd. (Formerly NICOL Miro Forestry) | ND | Ghana | Private for profit |
Project characteristics
- ID-RECCO ID489
- Project status 2022Ongoing
- Project nameREFORESTATION OF DEGRADED FOREST RESERVE AREAS IN GHANA
- Secondary nameND
- CountryGhana
- Last IDRECCO update year2022
- Size (in hectare)5,768
- Start yearND
- End year2045
- Duration30
- Project descriptionMiro 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 1Other-Forest information access
- Objective 2Timber production
- Objective 3Biodiversity conservation
- Deforestation driversOther-cocoa farming |Insufficient law enforcement
- Type of foresthumid
- Project activityARR
- Project TypeARR
- Details for Afforestation/Reforestation activityPlantation|Agroforestry
- Multiple locations?Yes
- Jurisdiction level 1Region: Ashanti
- Jurisdiction level 2Municipalities of Asante Akim Central | Sekyere East | Sekyere Central
Carbon accounting
- Crediting period2016-2045
- Period to calculate annual carbon credits
- Annual carbon credits
- Total carbon credits9810123
- Leakage is expected?no
- Carbon pools includedAbove ground biomass | Below ground biomass | Dead wood | Litter | Soil organic carbon
- Gasses includedCO2
- Reference period start year1975
- Reference period end year2013
- Carbon standard 1VCS
Carbon certification
- Carbon standard 1 Progressyes
- Carbon standard 1 Publication date44621
- Carbon standard 1 Weblinkshttps://registry.verra.org/app/projectDetail/VCS/2410;https:=
- Carbon standard 1 Expiry dateND
- Carbon standard 2none
- Carbon standard 2 ProgressND
- Carbon standard 2 Publication dateND
- Carbon standard 2 WeblinksND
- Carbon standard 2 Expiry dateND
- Carbon standard 3none
- Carbon standard 3 ProgressND
- Carbon standard 3 Publication dateND
- Carbon standard 3 WeblinksND
- Carbon standard 3 Expiry dateND
- Source of informationhttps://registry.verra.org/app/projectDetail/VCS/2410;https:=
Community level intervention
- Any monetary benefits?Yes
- Monetary benefit typeBoth conditional and non-conditional
- Monetary benefit detailConditional: 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 - typeNTPF|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