The Nicaforest High Impact Reforestation Program

by NicaForest

Location: Nicaragua

Price: Start from $54.45/tCO₂e

Project Story

Combining reforestation on degraded land for sustainable timber production, sequestration of CO2 and protection of native forests + animals.

Certification

Project Benefits

Climate Benefits

As of the end of 2018, this program sequestered 45.624 tCO2e (Ex Post) and 32.460 tCO2e are estimated future sequestering (Ex Ante).

Community Benefits

200 jobs.

Biodiversity Benefits

Approximately 25-30% of the farms are conservation areas where natural forests are left protected. Enhancing native biodiversity and wildlife.

Sustainability Development Goals (SDGs) Impact

Fairatmos Evaluation Criteria

Conservative estimation

We review the carbon credits quantification to make sure it was done using assumptions that were conservative to mitigate over-crediting risks

Additionality

We handpick projects with strong additionality to make sure the carbon emission reduction or removal was made possible only because of the project interventions

Safeguards

We ensure safeguards were put in place to act as buffer against leakage and non-permanence risks

Benefits beyond carbon

We assess and measure project impacts on community, biodiversity, and other climate benefits beyond carbon