Securitization and Carbon Sinks Project
Project/Juridiction proponent
Name | Website | Location of headquarters | Organization type |
---|---|---|---|
Fundacion Chile | #http://www.fundacionchile.cl# | Chile | NGO/private non for profit |
Sociedad Inversora Forestal S.A. | #Http://www.sif-sa.cl# | Chile | Private for profit |
Project/Juridiction Partners
Name | Website | Location of headquarters | Organization type |
---|---|---|---|
Government of Ireland - Department of the Environment, Community and Local Government | ND | Chile | Public |
Government of Spain | ND | Chile | Public |
IBRD (International Bank for Reconstruction and Development) | ND | Chile | Public |
Syngenta Foundation for Sustainable Agriculture | ND | Chile | NGO/private non for profit |
Project characteristics
- ID-RECCO ID162
- Project status 2022TBC
- Project nameSecuritization and Carbon Sinks Project
- Secondary nameRestoration of Degraded Lands of Small and Medium Farmers through Afforestation and Reforestation in Central Chile
- CountryChile
- Last IDRECCO update year2020
- Size (in hectare)2917
- Start yearND
- End year2032
- Duration30
- Project descriptionChile’s landscape in the south of Santiago is known as “secano interior” (interior dry-land area). Once a forested area, it was cleared for crop production in the 19th century and land became highly degraded. Fundación Chile works to develop a model of forest securitization that would promote: - Improvement in the productivity of degraded lands through reforestation; - Participation of land owners to generate economies of scale for land restoration activities; - Incorporation of state-of-the-art silviculture for improving forest growth. Project is planting only two types of tree species, both of which are non-native. Project is being implemented with assistance from Chilean forestry companies. Fundacion Chile, a Chilean non-profit, created SIF (project proponent) as a private company to manage the leasing of private lands for plantation forestry. The forestry companies implementing the plantation planting and management are FSC certified.
- Objective 1timber production
- Objective 2social development
- Objective 3climate
- Deforestation driversindustrial agriculture or cattle ranching, local livelihoods
- Type of forestdry
- Project activityARR
- Project TypeARR
- Details for Afforestation/Reforestation activityplantation
- Multiple locations?Yes
- Jurisdiction level 1Regions : VII (Maule) and VIII (Biobío)
- Jurisdiction level 2Provinces : Linares, Talca, Cauquenes and Ñuble
Carbon accounting
- Crediting period2003-2032
- Period to calculate annual carbon credits
- Annual carbon credits
- Total carbon credits2160582
- Leakage is expected?ND
- Carbon pools includedND
- Gasses includedND
- Reference period start yearND
- Reference period end yearND
- Carbon standard 1CDM
Carbon certification
- Carbon standard 1 Progresscertified
- Carbon standard 1 Publication date40911
- Carbon standard 1 Weblinkshttp://cdm.unfccc.int/Projects/DB/ICONTEC1309467081.51/view
- 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 informationhttp://cdm.unfccc.int/Projects/DB/ICONTEC1309467081.51/view ; http://cdm.unfccc.int/Projects/Validation/DB/QESTLMCUTCQI2UBANYRM6NGAICMEV3/view.html ; https://wbcarbonfinance.org/Router.cfm?Page=BioCF&FID=9708&ItemID=9708&ft=Projects&ProjID=50964 (Not accessible as of September 2020); http://www.forestcarbonportal.com/project/restoration-degraded-lands-small-and-medium-farmers-through-afforestation-and-reforestation ; http://eco2data.com/project/Restoration-of-Degraded-Lands-of-Small-and-Medium-Farmers-through-Afforestation-and-Reforestation-in-Central-Chile-53496#tab_projectGeneral (not accessible as of September) ; http://www.forestcarbonportal.com/project/securitization-and-carbon-sinks-project https://fch.cl/
Community level intervention
- Any monetary benefits?Yes
- Monetary benefit typeConditional
- Monetary benefit detailLandowners receive annual payments for the use of their lands, and ten percent of revenues at time of harvesting of trees.
- Provides employment?ND
- Are there non-cash benefits?ND
- Economic activities - typeplantation 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