In this year 2022 we thank you for your continued support and wish you and your community health and peace.
The families and farming communities of the Peruvian Sierra are very excited about the results of the study on the CO2 capture of the thousands of planted trees that also improve the climate, reverse soil degradation, provide shelter for animals, reduce the pressure on natural forests.
We can affirm that their contribution to climate change mitigation, to the resilience of their environment and to the sustainable development of their region is unquestionable and becomes an economic opportunity for them, through the fair and sustainable trading of Carbon Credits.
The pine forest plantations established in the period 2017-2021 are applicable to a payment scheme for carbon sequestration in the voluntary market under the VCS-VERRA standard.
The baseline scenario of the project is considered as the continuation of degraded high Andean grassland cover, used for grazing and/or low yielding rotational agriculture leading to a process of land erosion.
It was shown that the proposed project activities are additional if they involve the establishment of forest plantations with management plans and application of silvicultural treatments that are partly financed by the revenues from the trading of carbon credits generated
During the field visits all the communities were very receptive and accompanied us to take the data of the trees in the field.
They told us that they want to go on and on planting trees, and that they were poor before and now they are prosperous, the rainy season has started and with it the mushroom harvesting campaign and the new tree planting.
The study has projected that 1 hectare of trees (1111 trees = 1 ha), for above and below ground biomass reserves, can capture an average annual rate of 14.2 tCO2-e/ha/year.
These results can be obtained based on a management plan with a cutting cycle of 26 years and thinning in years 9 and 17 amounting to a total of 370 tCO2-e/ha.
The estimated net GHG emission sequestration from the study was
154,768 carbon credits from VCUs for trading.
These preliminary results are very good for the communities, as it is a long-term plan that brings benefits as the trees grow, such as the harvesting of 500,000 kg of edible mushrooms, allowing families to sell them.
The study also included a cost-benefit analysis exercise, estimating that an investment of $300,000 could generate an estimated $1,200,000 in income from the commercialisation of carbon credits.
The project is based on working with the communities, through a pre-established bond of trust, a participatory communication model is implemented and Pachamama Raymi is entrusted with the representation and administration of the project, with sponsors/financiers.
How is the bond money invested?
It is invested in the communities where forest plantations are located, according to:
how many hectares of forest plantations they have
the quality of their forest management
the effectiveness of fire control measures
Quality and implementation of the community investment plan
the management of the forest nursery and the number of seedlings in it
the number of hectares of newly planted forest plantations.
This means that the area of forest plantations within the communities that already have plantations will grow from year to year (up to a maximum of 20% of their area).
The next steps require a strong availability of funds to make this a reality.
Formulation, validation and 1st certification 152,833
2nd Verification of credits 43,063
3rd Verification of credits 43,063
4th Verification of credits 43,063
5th Verification of credits 43,063
6th Verification of credits 368,145
It will take 12 months and $152,833 to get the project up and running.
We hope to continue to count on your support to make this project a reality.
Join us in Sowing Prosperity!