Deal #1791
Senegal
Created at
2013-02-15
Last update
2024-12-02
Last full update
2024-12-02
Land area
Size under contract (leased or purchased area)
- [2005, current] 20000 ha
Size in operation (production)
- [2020, current] 18000 ha
Comment on land area
18000 ha according to landmatrix survey 2020.
Of the 20,000 ha affected, there are areas that have not been exploited due to the conflicts.
Intention of investment
Intention of investment
- [2005, current] Non-food agricultural commodities, Forestry unspecified, For carbon sequestration/REDD (20000 ha)
Comment on intention of investment
Reforestation of degraded land and gum production.
Carbon offset project
Carbon offset project
Yes
Comment on carbon offset project
While this project has generated carbon credits using the AR-AM0009 methodology, it does not have VCS or CDM certification as of 2024.
Nature of the deal
Nature of the deal
Lease
Comment on nature of the deal
The land was allocated by commune (the rural authority) to the company (cf article 8 of Law 64-46).
Negotiation status
Negotiation status
- [2005, current] Concluded (Contract signed)
Comment on negotiation status
The project generates income of two types: income from the production of gum and income from sales of carbon credits.
Implementation status
Implementation status
- [2005] In operation (production)
- [2022, current] In operation (production)
Contract farming
Contract farming
No