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587-Malakula - Idrecco

Malakula

Project/Juridiction proponent

NameWebsiteLocation of headquartersOrganization type
ECO2 ForestsNDVanuatuPrivate for profit

Project/Juridiction Partners

NameWebsiteLocation of headquartersOrganization type

Project characteristics

  • ID-RECCO ID
    587
  • Project status 2022
    Ended
  • Project name
    Malakula
  • Secondary name
    Malakula, Vanuatu - 20,000 acre Reforestation Project
  • Country
    Vanuatu
  • Last IDRECCO update year
    2020
  • Size (in hectare)
    8093
  • Start year
    ND
  • End year
    2060
  • Duration
    50
  • Project description
    The project is planning to plant 3.3 million Kiri Trees under the company’s Global Forestry Plan (only exotic species). It is estimated that the project will produce 600 million board feet of renewable rough saw timber and sequestration of approximately 7 million metric tonnes of carbon dioxide (CO2) from the atmosphere during the first full planting cycle.
  • Objective 1
    return on investment
  • Objective 2
    climate
  • Objective 3
    biodiversity conservation
  • Deforestation drivers
    ND
  • Type of forest
    ND
  • Project activity
    ARR|REDD
  • Project Type
    ARR
  • Details for Afforestation/Reforestation activity
    plantation
  • Multiple locations?
    Non
  • Jurisdiction level 1
    Province : Malampa
  • Jurisdiction level 2
    Island : Malakula

Carbon accounting

  • Crediting period
    2010-2060
  • Period to calculate annual carbon credits
  • Annual carbon credits
  • Total carbon credits
    7000000
  • Leakage is expected?
    ND
  • Carbon pools included
    ND
  • Gasses included
    ND
  • Reference period start year
    ND
  • Reference period end year
    ND
  • Carbon standard 1
    none

Carbon certification

  • Carbon standard 1 Progress
    ND
  • Carbon standard 1 Publication date
    ND
  • Carbon standard 1 Weblinks
    ND
  • 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://www.forestcarbonportal.com/project/malakula-vanuatu-20000-acre-reforestation-project http://inens.com.au/?p=436 http://forestindustries.eu/content/eco2-forests-acquire-controlling-interest-forest-guard-inc-projects

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?
    ND
  • Is there environmental education?
    ND
  • Is there forest access restriction or control/monitoring of deforestation?
    ND
  • Is there forest enhancement?
    ND
  • Is there community infrastracture improvement?
    ND
  • Is there other community benefits?
    ND