CO2OL Biodiversity Reforestation, Vietnam
BACKGROUND
CO2OL Biodiversity Reforestation is the reforestation of former fallow land or excessively used grasslands in an area of state-owned forest in Kon Tum Province, Vietnam. Reforestation is achieved through the planting of native trees financed through the sale of carbon credits. The area is characterised by high biodiversity. Reforestation aims to recover and sustain the provision of vital ecosystem goods and services and also provide employment for local communities.
GOALS & Approach
The project is developed by the ForestFinance Group and the State Forest Enterprise (SFE) and supervised and audited by several government departments in Vietnam. Certification is conducted by CO2OL Carbon Consult and is certified to both CCB (Climate, community and Biodiversity) and CarbonFix standards. The contracting parties are the ForestFinance Group and the SFE (State Forest Enterprise). In 2009, trees were planted on 1,500 ha of land.
reported TAKEAWAYS
Restoration of secondary forest can promote biodiversity conservation and increase connectivity of habitats. This project has been able to reforest former fallow land by planting native species in order to create a species-rich mixed forest for biodiversity conservation as well as climate mitigation through carbon storage.
Reference:
“CO2OL Biodiversity Reforestation, Vietnam | The REDD Desk.” n.d. Accessed December 31, 2019.
Affiliation:
- CO2OL
- ForestFinance
- State Forest Enterprise (SFE)
- GTZ - Gesellschaft fur Technische Zusammenarbeit