Deal #3554

"some parts of the project area show a degraded forest, partly because two logging concessions were previously granted in the area. Yet, large tracks of the concession are covered with diverse natural forests, now being cut down to establish a monoculture forest plantation. The project claims to improve the environment through reforestation, even though the biodiversity and ecological functions of tree plantations cannot match those of natural forest" (Scheidel, Work, 2018:10)

The objective was to pursue an Afforestation/Reforestation (A/F) project intended for sustainable wood production

No information found on the carbon credits being sold

This concession was granted to the private Korean company Think Biotech Co. Ltd in 2012 by the Cambodian Government with the aim to restore a ‘degraded’ forest at the edge of the bio-diverse Prey Lang Forest. This is what could be called a 'green' form of land-grabbing.

Project has been ongoing as an aforestation and sustainable logging project since 2017, however there are multiple reports of illegal logging ongoing.