VERRA VCS 0960 Forestry Carbon Offset in Uruguay

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Project Description

ID
960
State/Province
Cerro Largo and Treinta y Tres
VCS
Proponent
EUCAPINE S.R.L
Montevideo, Uruguay
+59826234470
alvaro.molinari@lumin.com; Isabel.LozaBalbuena@lumin.com
VCS Project Status
Registered
View Issuance Records
View VCS Buffer Pool Records
Estimated Annual Emission Reductions
56019
Total Buffer Pool Credits
291,585
VCS Project Type
Agriculture Forestry and Other Land Use
AFOLU Activity
ARR
VCS Methodology
AR-ACM0001
Acres/Hectares
18988 Hectares
VCS Project Validator
SCS Global Services
Project Registration Date
04/06/2020
Crediting Period Term
1st, 22/02/2006 – 21/02/2066
CCB
Proponent
EUCAPINE S.R.L
Montevideo, Uruguay
+59826234470
alvaro.molinari@lumin.com; Isabel.LozaBalbuena@lumin.com
CCB Project Status
Under validation and verification
Estimated Annual Emission Reductions
56019
CCB Project Type
Afforestation, Reforestation and Revegetation
Acres/Hectares
18988 Hectares
CCB Project Validator
SCS Global Services
CCB Standard Edition
CCB Third Edition
Auditor Site Visit To and From Date
01-May-2021 to 01-Jun-2021
First Verification
SCS Global Services

Agriculture Forestry and Other Land Use (AFOLU)

SITUATION

These types of projects combine both reforestation and afforestation activities with biodiversity protection and ecosystem regeneration, ultimately transforming lands into close-to-nature forests that sequester large amounts of carbon. Forests also offer a natural habitat for native wildlife, enrich the soil, save and filter water and help mitigate the greenhouse effect by acting as a carbon sink.

SOLUTION

Climate Reforestation projects can lack investment due to marginal, hard-to-reach locations. The project can boost local small economies by creating local employment during both the construction and operational phases, stimulating climate skills technology in developing countries

IMPACT

AAR projects generates a range of significant environmental and socio-economic benefits. By mixing afforestation and reforestation activities, these projects conserve remaining forests and promotes ecosystem interconnectivity by establishing ecological corridors. This improves biodiversity, and studies on the local flora have been developed through collaboration between regional NGOs. The project further protects natural resources, with trees shielding the soil from erosion to prevent flooding and optimise water quality. Where possible, minimal amounts of only the least harmful pesticides are used, softening the environmental impact of chemicals.

OUTCOME

Income from secure job opportunities with legal protections for workers helps alleviate local poverty, with leadership and development programs also offered to employees. The project educates the community on climate change and the importance of sustainability activities.

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Verification

The Verra Registry issues carbon credits, each is equivalent to one tonne of CO2e. It is the central repository for all information and documentation relating to Verra projects and units. The Verra Registry also ensures the uniqueness of projects and credits in the system. Projects are subject to a rigorous verification process and Verra’s diligence and transparency underpins the positive outcomes of carbon projects it certifies.

To see the Verra Website click here:

https://registry.verra.org/app/projectDetail/VCS/960

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