Panama Native Species Reforestation

Project/Juridiction proponent

NameWebsiteLocation of headquartersOrganization type
CO2OL-USA#http://www.co2ol.de/en/about-us/#PanamaPrivate for profit
Futuro forestal SA#http://www.futuroforestal.com/#PanamaPrivate for profit

Project/Juridiction Partners

NameWebsiteLocation of headquartersOrganization type

Project characteristics

  • ID-RECCO ID
    883
  • Project status 2022
    TBC
  • Project name
    Panama Native Species Reforestation
  • Secondary name
    CO2OL USA and Futuro Forestal S.A. Panama
  • Country
    Panama
  • Last IDRECCO update year
    2020
  • Size (in hectare)
    ND
  • Start year
    ND
  • End year
    2025
  • Duration
    30
  • Project description
    CO2OLUSA/ Futuro Forestal is a private sector initiative to create a mixture of accountable temporary Certified Emission Reductions (tCERs), for both the regulatory and voluntary markets, through sustainable reforestation in the tropics.
  • Objective 1
    climate
  • Objective 2
    biodiversity conservation
  • Objective 3
    ND
  • Deforestation drivers
    cattle grazing, slash and burn agriculture
  • Type of forest
    humid
  • Project activity
    ARR
  • Project Type
    ARR
  • Details for Afforestation/Reforestation activity
    plantation
  • Multiple locations?
    Yes
  • Jurisdiction level 1
    Province: Veraguas and Chiriquí
  • Jurisdiction level 2
    Municipality: San Felix and Sona

Carbon accounting

  • Crediting period
    2007-2025
  • Period to calculate annual carbon credits
  • Annual carbon credits
  • Total carbon credits
    ND
  • Leakage is expected?
    ND
  • Carbon pools included
    ND
  • Gasses included
    ND
  • Reference period start year
    ND
  • Reference period end year
    ND
  • Carbon standard 1
    CCB

Carbon certification

  • Carbon standard 1 Progress
    expired
  • Carbon standard 1 Publication date
    39114
  • Carbon standard 1 Weblinks
    https://www.climate-standards.org/2007/01/02/panama-native-species-reforestation/
  • 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/CCB/1591 https://www.climate-standards.org/2007/01/02/panama-native-species-reforestation/ https://s3.amazonaws.com/CCBA/Projects/Panama_Native_Species_Reforestation/Panama_Native_Species_Reforestation_PDD_Rev.pdf

Community level intervention

  • Any monetary benefits?
    ND
  • Monetary benefit type
    ND
  • Monetary benefit detail
    ND
  • Provides employment?
    Yes
  • Are there non-cash benefits?
    No
  • Economic activities - type
    ND
  • Is there tenure clarification?
    No
  • Is there environmental education?
    No
  • Is there forest access restriction or control/monitoring of deforestation?
    No
  • Is there forest enhancement?
    Yes
  • Is there community infrastracture improvement?
    No
  • Is there other community benefits?
    No