Generation Forest Group Project

Description

Darién, District of Chepigana, Panama

Generation Forest Group Project

The Generation Forest Group Project is a VCS/CCB AFOLU (Agriculture, Forestry and Other Land Use) grouped project implemented in the Republic of Panama, and it falls under the ARR (Afforestation, Reforestation, and Revegetation) category. The project aim is to reforest 1,100 hectares of degraded land which was formerly used mainly for cattle ranching and pasture, and which is currently under management by the project proponent. The project is designed to continually increase its project zone, project area, and the number of project instances within the expansion area during the project lifetime. The project promotes sustainable forest management and innovative silvicultural practices, using mainly native hardwood species for its reforestation sites as well as enrichment planting and assisted natural regeneration when appropriate. Throughout its lifetime, the project will contribute to the reduction of greenhouse gas emissions by acting as a sink, sequestering more than 2.700.000 tCO2e. In addition, this project is expected to provide more than 150 full-time employment opportunities over its lifetime, as well as to promote the recuperation of natural biodiversity habitats in the country. The project is based on a unique approach that aims to achieve triple-bottom-line impacts through permanent forest landscape restoration. It is based on the Generation Forest Concept, which combines the economic use of high commercial value tropical hardwood plantations with ecological benefits that are similar to those of natural tropical forests, including carbon sequestration, the creation and preservation of habitats for biodiversity, and the restoration and protection of hydrological and soil resources.

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