Deal #3424 Version 91219 Version 93269
Comment on intention of investment
The Company is growing short-rotation species including Eucalyptus and Acacia.
The Company is growing short-rotation species including Eucalyptus and Acacia. Plantations were established in community-owned land, leased to the Company with the approval of the Government.
Carbon offset project
Yes
Comment on carbon offset project
Generating carbon offset credits
Comment on negotiation status
The land is being leased under long-term agreements with landowners ratified by the chief's and government as legal custodians.
The land is being leased under long-term agreements with landowners ratified by the chief's and government as legal custodians. Plantations are being established in community-owned land, leased to the Company with the approval of the Government
Comment on investment chain
CDC has provided funding for the plantation - $15m. Finnfund will also invest in the project. The land is being leased under long-term agreements with landowners ratified by the chief's and government as legal custodians.Biological asset value of US$80 million (current valueof the plantations)
CDC has provided funding for the plantation - $15m. Finnfund will also invest in the project. The land is being leased under long-term agreements with landowners ratified by the chief's and government as legal custodians.Biological asset value of US$80 million (current valueof the plantations) Swiss Carbon Value LTD are proponents of the carbon credit project.
Carbon sequestration/offsetting
  • [2017, current] Reforestation & afforestation ( 10000 ha)
    Estimated emission reduction/removal during project lifetime: 126297 tCO2e
    Estimated annual emission reduction/removal: 63583 tCO2e
    Certification standard: Yes
    Name of certification standard/mechanism: Verified Carbon Standard (VCS)
    ID of certification standard/mechanism: VCS2401
Comment on carbon sequestration/offsetting
The crediting period is 30 years.

Location #C5HdxAKb

areas
unknown field: location.areas
Spatial accuracy level
Exact location
Coordinates

Data source #eZEREhEC

File

Data source #wHtDbkpj

File

Data source #Z4GTODCp

File
Type
Media report
Url
Keep PDF not public
No
Publication title
Miro Forestry and Timber Products Overview
Date
2023
Organisation
LinkedIn

Data source #1LMDKeLp

File
Type
Company sources
Url
Keep PDF not public
No
Publication title
Reforestation of Degraded Lands in Sierra Leone
Date
2021-01-04
Name
Mr. Andrew Collins; CO-founder, CEO
Organisation
Miro Forestry Developments Limited
Email
info@miroforestry.com
Comment on data source
Project information, Location, Community information and Produce information

Contract #O7kimcHD

Comment on contract
2x21 years plus 7 years.
2x21 years plus 7 years. The leases are stated for a duration of 50 years (renewable at the Company’s option for 2 further periods of 21 years plus 7 years thereafter), following the current regulations and paying an annual rent, according to the laws of Sierra Leone. The crediting period for carbon is 30 years, starting from 16/05/2016 and ending in16/05/2045.