Written by Vector1Media Thursday, 28 January 2010 09:02
Forest plantations account for a smaller share of the land area in Africa than any other place on Earth. Green Resources (www.greenresources.no) believes high quality reforestation creates development and combats climate change. Reforestation is also a fundamental requirement of any successful REDD project, which is explained at length in this article. We are proud of being the leading reforestation company in East and Southern Africa and want to set the record straight.
Green Resources started planting trees for carbon sequestration and wood material in Tanzania’s Southern Highlands and Jinja, Uganda in 1997, just as the Kyoto protocol had been signed. We are a long term investor in East and Southern Africa and have established a company employing more than 3,000 people, managed primarily by East and Southern Africans. The company continues to invest in carbon and forestry projects, despite not being able to generate any return on the investment to the shareholders since we started up.
Since the start, Green Resources has planted more than 7,500 ha of new forest in Tanzania’s Southern Highlands, sequestering over 500,000 tons of CO2e to date. The company has in total planted 15,000 ha new forest in East and Southern Africa. We forecast that the Mapanda/Uchindile projects will create over 3.5mn VCUs over their lifetime while at Idete more than 1.8mn tCERs will have been generated by 2020. This is a significant contribution to the fight against climate change.
Mads Asprem
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Green Resources is developing a VCS project in Mapanda/Uchindele, Tanzania and a CDM project in Idete, Tanzania. The VCS project because the first reforestation project in the world to be validated and registered according to the VCS standard. The PDD for the CDM project is about to be submitted. This study describes the project and some of the advantages, opportunities and pitfalls around reforestation projects. Reforestation is critical to the future of CDM in Africa and to the success of REDD and this is discussed in detail in the study.
Forest plantations account for a smaller share of the land area in Africa than any other place on Earth. Green Resources (www.greenresources.no) believes high quality reforestation creates development and combats climate change. Reforestation is also a fundamental requirement of any successful REDD project, which is explained at length in this article. We are proud of being the leading reforestation company in East and Southern Africa and want to set the record straight.
Green Resources started planting trees for carbon sequestration and wood material in Tanzania’s Southern Highlands and Jinja, Uganda in 1997, just as the Kyoto protocol had been signed. We are a long term investor in East and Southern Africa and have established a company employing more than 3,000 people, managed primarily by East and Southern Africans. The company continues to invest in carbon and forestry projects, despite not being able to generate any return on the investment to the shareholders since we started up.
Since the start, Green Resources has planted more than 7,500 ha of new forest in Tanzania’s Southern Highlands, sequestering over 500,000 tons of CO2e to date. The company has in total planted 15,000 ha new forest in East and Southern Africa. We forecast that the Mapanda/Uchindile projects will create over 3.5mn VCUs over their lifetime while at Idete more than 1.8mn tCERs will have been generated by 2020. This is a significant contribution to the fight against climate change.
Mads Asprem
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
