The project is focused on supporting community development through a sustainable value chain around forestry; based on reforestation, protection of native species, and carbon sequestration, in addition to social & environmental impact initiatives.
CARBON Removal Method
Reforestation
Location
Nicaragua
Launched
2010
Vintage year
Nicaforest is located in the Chontales region of Nicaragua and it is composed of four different farms: Amelia, Rosario de Fatima, Santa Maria and Santa Elena.The project is based on the Clean Development Mechanism and it is Gold Standard and FSC certified. It confers environmental impacts such as protection of the local ecosystem and watershed management, as well as social impacts such as community education, food security and local economic growth.
Since 2010, the project has planted 360 000 teak trees on degraded land and removed 98000 tons of CO2 through four project areas. Through workshops, they are both educating the community on how they can be sustainable and enabling them to do so.
Nicaforest's mission goes beyond carbon mitigation. They are dedicated to empowering the local community in order to create a sustainable value chain. They are working to surpass net zero emissions by including the people of Nicaragua in the reforestation process and developing diverse programs to go alongside. These include educational workshops and a shared benefit lease agreement. They believe carbon sequestration should have an impact that extends beyond climate.
Nicaforest is wholly committed to generating a positive environmental influence through a range of initiatives beyond reforestation and carbon sequestration. To succeed in their mission of shaping the regions' development for years to come, Nicaforest invests in giving the local community the opportunity to be sustainable, not just the knowledge on how to do so. They wish to contribute significantly to the preservation and restoration of ecosystems, social development and combating climate change by making an impact beyond carbon.
“The expansion of the carbon credits market is not solely motivated by the obligation to meet requirements, nor is it a fleeting trend. It is propelled by society's recognition of the severity of the situation at hand. At Nicaforest, we take immense pride in being pioneers of this movement, fully aware that each credit we sell contributes to society's efforts in rectifying their past mistakes.”
Øyvind Berg, CEO of NicaForest
Education holds the key to the future of sustainable development, and Nicaforest takes pride in nurturing education within the community through workshops. By doing so, they create a lasting positive impact that extends beyond their high-impact reforestation project. Their initiatives provide opportunities and knowledge to local students, from primary school to university level. These initiatives are part of their efforts in reaching the UNs Sustainable Development Goals, mainly SDG 4: Quality Education.
They believe that access to education not only fosters community value creation but also plays a fundamental role in achieving equality. With sustainable development as our common theme, Nicaforest strives to shape the region's overall development for years to come.
Nicaforest's awards and certifications: