Deal #1454

​According to official information from Tozzi Green, the company holds concessions totaling 6,731.5 hectares in the communes of Satrokala (3517 has), Andiolava (2143), and Ambatolahy(1176), located in the Ihorombe region of Madagascar. Another source says that the company holds 11000 ha, with 7000 signed in 2012 and 4000 signed in 2018. However, this was refuted by the company sources hinting that they only leased 6,731.5 hectares. Of the 6558 hectares, only 60% can be planted. One report states that 8000 hectares has been granted. Another report states 50 000ha current size under contract. According to another source, in 2020, JTF Madagascar aims to expand cultivation from the current 5,425 ha to 6,981 ha.

Initially, the company cultivated Jatropha, a biofuel energy crop before shifting to maize production in 2014. Now, it is undergoing another transition, converting the former prairie into a tree plantation for a carbon offset project. The company has established approximately 3,600 hectares of monoculture plantations, with plans to expand to 5,200 hectares by 2029. Transitioning from maize to acacia and eucalyptus plantations for carbon credits

The project is not yet registered in any carbon offset project database. However, the company is planting acacia and eucalyptus trees on the land as part of a carbon offset project. To date, the company has established approximately 3,600 hectares of monoculture plantations, with plans to expand to 5,200 hectares by 2029. It estimates that this expansion could generate 2.7 million carbon credits.

The first lease was signed in 2012 covering an area of 7000 ha. There are reports that a second lease was signed in 2018 for 4000 hectares of land, making the contract area to an estimated 11,000 ha. However, the company source refutes this information hinting that they only have a lease for 6,731.5 and not 11,000.

The land was acquired in 2010, however the leasehold agreement was only signed in 2012. Tozzi is accused of starting cultivating several hectares of land in the Ihorombe area, although it had only received an exploratory license.

Tozzi is accused of starting cultivating several hectares of land in the Ihorombe area, although it had only received an exploratory license. Intention has changed from food crops to tree plantation for carbon credits.

(About $US13-14 ha/year), Lease fee information from contract.

The cropping area for subsistence farming by the local people has also greatly diminished and therefore their access to food has dropped as well