Deal #3795 Version 93248 Version 93848
Comment on intention of investment
The Concession of Pikounda has been a conservation area as a REDD + project. The Pikounda concession is part of a UN Reducing Emissions from Deforestation CIB is engaged in forestry and wood processing activities. It is committed to sustainable forest management practices and environmental conservation.
The Concession of Pikounda has been a conservation area as a REDD + project. The Pikounda concession is part of a UN Reducing Emissions from Deforestation CIB is engaged in forestry and wood processing activities. It is committed to sustainable forest management practices and environmental conservation.
Comment on carbon offset project
The company aims to create a viable commercial framework to realise value from standing forests under the REDD+ scheme in its Pikounda Nord concession.
The company aims to create a viable commercial framework to realise value from standing forests under the REDD+ scheme in its Pikounda Nord concession.
Comment on negotiation status
Olam International Ltd. acquired forestry company CIB in January 2011. CIB (Congolaise Industrielle des Bois), a subsidiary of Olam International, is an established timber concession in the Republic of Congo which has been in operation since 1968. CIB was the first timber company to submit a Management Plan in Congo in 2005 and the first to become FSCโ„ข Certified in 2006.
Olam International Ltd. acquired forestry company CIB in January 2011. CIB (Congolaise Industrielle des Bois), a subsidiary of Olam International, is an established timber concession in the Republic of Congo which has been in operation since 1968. CIB was the first timber company to submit a Management Plan in Congo in 2005 and the first to become FSCโ„ข Certified in 2006.
Comment on negative impacts for local communities
โ€œThey will send us away when they get here,โ€ a woman replies. โ€œGazelles and monkeys will leave before us. The loggers will take away the trees and cut a swath through the forest. The road is only the beginning.โ€ These peoples are thus suffering the full force of increasing deforestation and the destruction of biodiversity, in addition to the marginalization and historical discrimination to which they are subjected...
โ€œThey will send us away when they get here,โ€ a woman replies. โ€œGazelles and monkeys will leave before us. The loggers will take away the trees and cut a swath through the forest. The road is only the beginning.โ€ These peoples are thus suffering the full force of increasing deforestation and the destruction of biodiversity, in addition to the marginalization and historical discrimination to which they are subjected...
Comment on materialized benefits for local communities
On the way back to their village, they walk along a logging road. They donโ€™t know what the road will bring, but they sense that their lives could change quickly. Theyโ€™ve heard that roads brought disease to other villages. But there are also advantages. One man points out that it used to take them three days to get to the city. Now it only takes five hours. Construction of a restaurant for employees of the Wildlife Conservation Society Congo (WCS) and Fondation Nouabale Ndoki (FNN) Some indigenous Bakas in Pokola are enthusiastic about the changes in their lives resulting from the expansion of logging. "The CIB is building houses for us. Our children's education is free. Our health care is also taken care of," reported by a CIB-run community radio station Biso na Biso.
On the way back to their village, they walk along a logging road. They donโ€™t know what the road will bring, but they sense that their lives could change quickly. Theyโ€™ve heard that roads brought disease to other villages. But there are also advantages. One man points out that it used to take them three days to get to the city. Now it only takes five hours. Construction of a restaurant for employees of the Wildlife Conservation Society Congo (WCS) and Fondation Nouabale Ndoki (FNN) Some indigenous Bakas in Pokola are enthusiastic about the changes in their lives resulting from the expansion of logging. "The CIB is building houses for us. Our children's education is free. Our health care is also taken care of," reported by a CIB-run community radio station Biso na Biso.
Carbon sequestration/offsetting
  • [2013, current] Improved forest management, Other ( 92530 ha)
    Estimated emission reduction/removal during project lifetime: 2311097 tCO2e
    Estimated annual emission reduction/removal: 231110 tCO2e
    Certification standard: Yes
    Name of certification standard/mechanism: Verified Carbon Standard (VCS)
    ID of certification standard/mechanism: VCS1052
  • [2013] Improved forest management ( 92530 ha)
    Estimated emission reduction/removal during project lifetime: 2311097 tCO2e
    Estimated annual emission reduction/removal: 231110 tCO2e
    Certification standard: Yes
    Name of certification standard/mechanism: REDD+
    Comment on certification standard / mechanism: REDD+ project
  • [2013, current] Improved forest management, Other ( 92530 ha)
    Estimated emission reduction/removal during project lifetime: 2311097 tCO2e
    Estimated annual emission reduction/removal: 231110 tCO2e
    Certification standard: Yes
    Name of certification standard/mechanism: REDD+Verified Carbon Standard (VCS)
    ID of certification standard/mechanism: VCS1052
Comment on carbon sequestration/offsetting
The project is a reducing emission from deforestation and degradation plus conservation and sustainable forestry (REDD+) project designed to protect 92,530 ha of unlogged native Congolese forest, legally designated as a selective logging concession. The main activity of the North Pikounda REDD+ Project is the cancelation of the planned degradation and deforestation activities and the decision to instead protect the forest area. The project will implement a series of actions divided into 4 sub-categories: - Carbon stock monitoring - Remote Sensed monitoring - Field Monitoring - Social Activities (see data source 11 & 12). Congolaise Industrielle des Bois (CIB)-Olam achieved a new FSC forest management certificate for its Mimbeli-Ibenga concession, making all CIB-Olam commercial operations 100 percent FSC certified.
The project is a reducing emission from deforestation and degradation plus conservation and sustainable forestry (REDD+) project designed to protect 92,530 ha of unlogged native Congolese forest, legally designated as a selective logging concession. The main activity of the North Pikounda REDD+ Project is the cancelation of the planned degradation and deforestation activities and the decision to instead protect the forest area. The project will implement a series of actions divided into 4 sub-categories: - Carbon stock monitoring - Remote Sensed monitoring - Field Monitoring - Social Activities (see data source 11 & 12). Congolaise Industrielle des Bois (CIB)-Olam achieved a new FSC forest management certificate for its Mimbeli-Ibenga concession, making all CIB-Olam commercial operations 100 percent FSC certified.
Overall comment
Pokolo forest concession is FSC certified. Congolaise Industrielle des Bois (CIB), a subsidiary of Olam Agri, has become the first company in Africa to complete a Forest Stewardship Councilโ„ข(FSCโ„ข) certified project with the construction of a restaurant for employees of the Wildlife Conservation Society Congo (WCS) and Fondation Nouabale Ndoki (FNN).
Pokolo forest concession is FSC certified. Congolaise Industrielle des Bois (CIB), a subsidiary of Olam Agri, has become the first company in Africa to complete a Forest Stewardship Councilโ„ข(FSCโ„ข) certified project with the construction of a restaurant for employees of the Wildlife Conservation Society Congo (WCS) and Fondation Nouabale Ndoki (FNN).
Fully updated
No
Yes