Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1794
Deal #1794 Version #55433
Senegal
Created at
2013-02-15
Last update
2016-07-18
Last full update
2024-12-11
Land area
Intended size
10 000 ha
Size under contract (leased or purchased area)
- [2008] 1700.0 ha
- [2011, current] 10000.0 ha
Size in operation (production)
- [2008] 173.0 ha
- [2009] 1700.0 ha
- [2011] 4900.0 ha
- [2012, current] 10000.0 ha
Comment on land area
Inital intended size is 1700ha, increased to 10 000.
Intention of investment
Intention of investment
- [current] For carbon sequestration/REDD, Conservation
Comment on intention of investment
The project is to accelerate the resettlement of mangroves in areas where it does not happen spontaneously. The restoration of an ecosystem producing fishery resources (fish, shellfish) and wood is the main benefit expected. Wood and fish for the communities.
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [2008] Concluded (Oral Agreement)
- [2011, current] Concluded (Contract signed)
Comment on negotiation status
The approval of the Senegalese authorities (LoA) was obtained in March 2011. This approval is subject to a tripartite Memorandum of Understanding of 10 years between Livelihoods, oceanium and the Senegalese government.
Implementation status
Implementation status
- [2008] Startup phase (no production)
- [2009, current] In operation (production)
Comment on implementation status
The company started replanting mangroves in 2008--with 173ha planted. Increased to 1,700 hectares in 2009 and 4900 hectares in 2010 and 2011. Jeremy suggests that this project is abandoned.
Contract farming
Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Not on leased area/farmers/households (out-grower)
- [current] 200000
Comment on contract farming
350 villages, over 200 000 people have been mobilized through the project.