Overview
The project aims to pivot logging forest into a protected forest, resulting in approximately 25 million VCUs. The forest area is dominated by secondary forests and emerging forests. The project has been actively harvesting timber in the past decade, with an >80% logging realization achievement against its management plan (RKU). The project area is bordered by palm oil plantations and illegal mining areas, creating a clear threat of illegal deforestation and encroachment. The project area is one of the top 10 largest and oldest concessions in Indonesia, with area 5x larger than the average logging concessions.
Country
Indonesia
Location
Central Kalimantan
Project Area
171,783 Ha
Certification
Eligible Methodologies
Verra VM0010 IFM, Verra VM0048 ARR, SRN MSAAH-002 Pengurangan Degradasi Hutan, Verra CCB
Current Phase
PD registered
SDG Targeted
Type of Financing
Project Equity, Advance Credit
Financing Required
$15-18 million
Est. VCU Produced / year
IFM: 477,309 - 837,753 tCO2e/year
ARR: 130,079 - 262,813 tCO2e/year
Target Projected Duration
40 years
Target Issuance Year
2025