Overview
The project site, located in Central Kalimantan within the Manuhing Raya and Manuhing sub-districts of Gunung Mas Regency, faces a threat with 13,775 hectares earmarked for industrial timber plantations. Converting this plantation into a protected forest would make a significant contribution by eliminating up to 4.4 million tons of CO2, equivalent to the emissions from 2 million vehicles annually. The designated area encompasses secondary dryland forests, non-forest zones, and involves clear-cutting in the production zone. No overlapping licenses, such as mining permits, are associated with the allocated area.
Country
Indonesia
Location
Central Kalimantan
Project Area
9,752 Ha
Certification
Eligible Methodologies
Verra VM0047 ARR, Verra VM0048 APD
Current Phase
Feasibility Study
SDG Targeted
Type of Financing
Advance Credit
Financing Required
$2-5 million
Est. VCU Produced / year
APD: 31,134 - 65,233 tCO2e/year
ARR: 7,173 - 14,492 tCO2e/year
Target Projected Duration
40 years
Target Issuance Year
2025
