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
32,201 Ha
Certification
Eligible Methodologies
Verra VM0010 IFM, SRN Metodologi MSAAH-002 Pengurangan Degradasi Hutan, Verra CCB
Current Phase
Feasibility Study
SDG Targeted
Type of Financing
Project Equity, Land Acquisition
Financing Required
$10-15 million
Est. VCU Produced / year
131,855 - 244,874 tCO2e/year
Target Projected Duration
30 years
Target Issuance Year
2025