Southern Nicaragua CDM Reforestation Project
Project/Juridiction proponent
| Name | Website | Location of headquarters | Organization type |
|---|---|---|---|
| Precious Woods Holding Ltd | www.preciouswoods.com#http://www.preciouswoods.com# | Nicaragua | Private for profit |
Project/Juridiction Partners
| Name | Website | Location of headquarters | Organization type |
|---|---|---|---|
| Kingdom of Spain - Ministry of Agriculture, Food and Environment and Ministry of Economy and Competitivenes | ND | Nicaragua | Public |
| Ministry of Sustainable Development and Infrastructure, Luxembourg | ND | Nicaragua | Public |
| Sumitomo Chemical | ND | Nicaragua | Private for profit |
| Sumitomo Joint Electric Power Co., Ltd. | ND | Nicaragua | Private for profit |
| Suntory Holdings Limited | ND | Nicaragua | Private for profit |
| TEPCO (The Tokyo Electric Power Co., Inc.) | ND | Nicaragua | Private for profit |
| The Okinawa Electric Power Co., Inc. | ND | Nicaragua | Private for profit |
| Eco-Carbone S.A.S. | ND | Nicaragua | Private for profit |
| Government of Italy - Ministry for the Environment, Land and Sea | ND | Nicaragua | Public |
Project characteristics
- ID-RECCO ID123
- Project status 2022Ongoing
- Project nameSouthern Nicaragua CDM Reforestation Project
- Secondary name
- CountryNicaragua
- Last IDRECCO update year2020
- Size (in hectare)813
- Start year2003
- End year2033
- Duration30
- Project descriptionThe project consists in the reforestation of 813 ha of former pasture land with teak and native wood species in Southern Nicaragua. The objectives of this project is to contribute to the sustainable development of Nicaragua through reforestation to generate sustainable wood supplies to reduce pressure on natural forests and to serve as carbon sink.
- Objective 1timber production
- Objective 2social development
- Objective 3climate
- Deforestation driversfire, local livelihoods
- Type of foresthumid
- Project activityARR
- Project TypeARR
- Details for Afforestation/Reforestation activityplantation
- Multiple locations?Yes
- Jurisdiction level 1Departments : Rivas and Rio San Juan
- Jurisdiction level 2Municipality : Cardenas and San Carlos
Carbon accounting
- Crediting period2003-2033
- Period to calculate annual carbon credits
- Annual carbon credits
- Total carbon credits237448
- Leakage is expected?ND
- Carbon pools includedND
- Gasses includedND
- Reference period start yearND
- Reference period end yearND
- Carbon standard 1CCB
Carbon certification
- Carbon standard 1 ProgressND
- Carbon standard 1 Publication dateND
- Carbon standard 1 WeblinksND
- Carbon standard 1 Expiry dateND
- Carbon standard 2CDM
- Carbon standard 2 Progresscertified
- Carbon standard 2 Publication date40664
- Carbon standard 2 Weblinkshttps://cdm.unfccc.int/filestorage/H/0/R/H0RX562V4MNS8WDFIGO3TJULQZE7KC/VR%20Precious%20Woods%20v06%20incorporating%20all%20changes-11-Feb-11-clean.pdf?t=QXN8cWhrM2VmfDAK8G55Hq-r3RkaYoc6YqDh
- 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 informationhttp://cdm.unfccc.int/Projects/DB/BVQI1283980227.35/view; Accessed Jun 2023 https://www.preciouswoods.com/de/home; Accessed Jun 2023 http://www.forestcarbonportal.com/project/southern-nicaragua-cdm-reforestation-project; Not accessible Sep 2022
Community level intervention
- Any monetary benefits?ND
- Monetary benefit typeND
- Monetary benefit detailND
- Provides employment?Yes
- Are there non-cash benefits?Yes
- Economic activities - typeagriculture | 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?Yes
- Is there community infrastracture improvement?No
- Is there other community benefits?No