Fairatmos
Sintang Tropical Initiative: Improved Forest Management in Kalimantan's Region
Overview
The project produces an estimated 245,000 tCO2eq per annum through its conversion from logging to a protected forest. The project manages an IUPHHK-HA license until 2057. The asset owner is a seasoned logging company with 11+ years of experience and is currently actively logging the concession. The project is an active concession, reflected in the high deforestation rate over the past 10 years, where the area experienced an annual forest cover loss of 1.6%.
Country
Indonesia
Location
West Kalimantan
Project Area
73,690 Ha
Certification
certification
Eligible Methodologies
Verra VM0010 IFM + CCB; SRN IFM (Under development)
Current Phase
Feasibility Study
SDG Targeted
No Poverty
Zero Hunger
Good Health And Well Being
Quality Education
Clean Water And Sanitation
Climate Action
Life On Land
Project Picture
Type of Financing
Project Equity; Land Acquisition
Financing Required
$12,000,000
Est. VCU Produced / year
244,874 tCO2e
Target Projected Duration
30 years
Target Start Date
Q3 2023
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Fairatmos
Treasury Tower 31st Floor, District 8 Lot 28
Jl. Jend. Sudirman Kav. 52-53
Kebayoran Baru, Senayan, Jakarta Selatan
Indonesia 12190
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Phone Number (021) 39524165
Direktorat Jenderal Perlindungan Konsumen dan Tertib Niaga
Kementerian Perdagangan Republik Indonesia
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