Deal #1508

Land area

Comment on land area

Contract farming only

Intention of investment

[2007-06-15, current] Biomass for biofuels, Food crops, For carbon sequestration/REDD (3250 ha)

Comment on intention of investment

The company successfully applied for registration under the Verified Carbon Standard. Intercropping with cashew nuts.To sequester carbon through the planting of Jatropha Farmers manage Jatropha establishment, maintenance, harvest, and seed sale from their plantations.

Carbon offset project

Yes

Comment on carbon offset project

While the deal is registered at Verra, it is late to be verified.

Nature of the deal

Pure contract farming

Comment on nature of the deal

This project relies on two pillars : farmers’ land ownership and JMI’s technical and financial commitment.Government owns the land and the community manages the land access and use rights.In every village committee have been held so as to provide transparent explanations on the carbon process.

Negotiation status

[2007-06-15, current] Concluded (Contract signed)

Comment on negotiation status

June the 15th of 2007 corresponds to the first transplantation; it is thus the project starting date.

Implementation status

[2007, current] In operation (production)

Contract farming

Yes

Not on leased / purchased (out-grower)

Yes

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

[2009] 1738 ha 2050
[2020, current] 5200 ha 2000

Comment on contract farming

At the end of 2009, 2050 farmers were in partnership with JMI and have planted 1738 ha of Jatropha. The final objective is 15 000 ha. In 2020: over 2,000 farmers spread over almost 200 villages. More than 5,200ha planted between 2007 and 2020. For the past five years, Eco-carbone has been promoting a 3 500 smallholders based agroforestry system in the Kita region through it's Malian joint venture : JMI (Jatropha Mali Initiative).