Deal #147

Land area

Intended size

4 000 ha

Size under contract (leased or purchased area)

[2006, current] 4000 ha

Size in operation (production)

[2009, current] 3000 ha

Comment on land area

2000 hectares in Huanjiang County and another 2000 in Cangwu County First forestry project registered under CDM; 4,000 hectares of new forest will sequester carbon, conserve soil and water, and generate revenue for local farmers from sale of CDM credits.

Intention of investment

[2006, current] For carbon sequestration/REDD, Conservation (4000 ha)

Carbon offset project

Yes

Nature of the deal

Pure contract farming

Comment on nature of the deal

no land transfer

Negotiation status

[2006, current] Concluded (Oral Agreement)

Implementation status

[2006] Startup phase (no production)
[2009, current] In operation (production)

Comment on implementation status

Construction period was 2006-2009; Operation is ongoing as of 2009-2037

Contract farming

Yes

On leased / purchased

No

Not on leased / purchased (out-grower)

Yes

Not on leased area/farmers/households (out-grower)

[current] 4000 ha

Comment on contract farming

Supported by the provincial and local governments, local farmer communities are working with Kangyuan and Fuyuan forest farms, Xinghuan Forestry Development Company and Luhuan Forestry Development Company to restore the forest by planting mostly native specie