Deal #10399

Uganda
Created at
2024-06-19
Last update
2024-06-26

Land area

Intended size
12 182 ha
Size under contract (leased or purchased area)
  • [2002, current] 12182 ha
Size in operation (production)
  • [current] 7321 ha
Comment on land area
The project was initiated on an eligible planting area of 7,321 hectares, complemented by non-eligible land and conservation areas spanning 4,861 hectares, culminating in a total area of 12,182 hectares.

Intention of investment

Intention of investment
  • [2002, current] For carbon sequestration/REDD, Forestry unspecified (12182 ha)
Comment on intention of investment
The project's primary objective is to combat the significant deforestation that has plagued the region, with the added aim of fostering sustainable timber resources in East Africa production and climate.

Carbon offset project

Carbon offset project
Yes

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
The land on which global-woods is planting trees in Uganda, the Kikonda Central Forest Reserve is owned by the State of Uganda through Uganda Land Commission and administered by the NFA (National Forest Authority).

Negotiation status

Negotiation status
  • [2022, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [current] In operation (production)