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Panama Canal Sustainable Forest Cover Establishment Project

$12.00

One Credit = One Metric Ton CO2e

The Panama Canal Authority (ACP) has implemented the “Sustainable Forest Cover Establishment Project in the Panama Canal Watershed”, to preserve the water and soil resources of the Panama Canal Watershed (PCW) through reforestation, agroforestry and silvopastoral activities.

Category:

Description

This Project Restores a Natural Balance to the Panama Canal.

The Panama Canal Watershed (PCW) has served as crucial ecological and social endeavor in Panama. Currently, more than 2 million people (approximately 54% of the population of Panama) get their water from the PCW. 

Biodiversity in the area
25 species of protected birds
30 endangered species of wild mammals
112 reptiles species

Before the program, the PCW area was covered by invasive, non-native species, which largely degraded the environmental condition and resiliency of the Watershed, including threats to the local plants and wildlife. 

In order to solve the problem of spreading alien species, as well as to contribute to the mitigation of climate change effects, the Panama Canal Authority (ACP) developed this Sustainable Forest Cover Establishment Carbon Offset Project in 20XX. Now, the Panama Canal Watershed is budding with increased biodiversity, a more stable ecological environment, and a variety of budding socio-economic opportunities for those communities living within the watershed, and who make their livelihoods from the watershed.

 

 

Project Benefits

This Project tells a story on sustainable management in the Panama Canal Watershed, the vital link to the functioning of the Panama Canal and its role in world trade. Active participation in local communities has also improved the quality of life for small subsistence farmers. The project provides sustainable means of production and other environmental and social co-benefits to the Watershed, such as: 

  • Strengthening and participation of local organizations.
  • Soil and water resource protection through the establishment and increase of vegetation cover in degraded areas.
  • Increasing income in local communities. The project impacts not only the participants but also local communities that provide seedlings and labour during reforestation activities.
  • Silvopastoral and agroforestry projects improve the productivity of crops in the area.
  • Increased wildlife protection and biodiversity conservation areas are linked to growing ecotourism activities.
                 

 

 

 

 

Partners

For more info about this project, please contact us.

 

Additional Information

 

Location: Panama
Program: Gold Standard
The Beneficial: 2 million people who live by the watershed
Annual Emission Reduction:  50,000 tCO2e
Registry:  Markit

 

Carbon Credit Capital will only consider a carbon offset project if it clearly meets the following requirements:

  • Real: an offset must represent real emissions reductions that have already occurred (i.e. the reduction is not projected to occur in the future)
  • Additional: an offset must represent emission reductions that are in addition to what would have occurred otherwise in a business-as-usual scenario
  • Permanent: an offset must represent emission reductions that are non-reversible or must be sequestered for 100-years or more
  • Verifiable: sufficient data quantity and quality must be available to ensure emission reductions can be verified by an independent third party auditor (verifier) in accordance with an established protocol
  • Quantifiable: emission reductions represented by offsets must be reliably measured or estimated, and must be capable of being quantified
  • Enforceable: offset ownership is undisputed and enforcement mechanisms exist to ensure that all program rules are followed

 

Upon Purchase

You will obtain a certificate and a receipt of your purchase. You will become a member of our Carbon Credit Club automatically. The Credit Club aims to get more people moving towards to a low-carbon society and gives you recognition for doing so.

We will retire (remove from circulation) the voluntary credits that you purchase in your name. You will get a notification of the carbon credit retirement from us at the end of the financial quarter, which serves as proof of the transaction.

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