Deal #8723

Size taken from paper by Danielle Legault. Company states 731,000ha.The Grande Mayumba Sustainable Development Plan, developed in partnership with the Gabonese Republic, designates 29% of Grande Mayumba for reduced impact logging in existing forestry areas and 13% for mixed agriculture on largely degraded grasslands, while 30% of Grande Mayumba’s forestry concessions will be withdrawn from commercial forestry and proclaimed as a conservation area, due to its high biodiversity value. This means over 220,000 ha of the 730,000 ha land area will be permanently set aside for conservation, including representative forest and savannah ecosystems, as well as marine and freshwater environments.

212,000ha agricultural and conservation savannah land, 200,000ha sustainable forestry, 70,000ha co-managed community forests and agricultural land, 234,000ha conservation arc covering rainforest, coastal, estuarine, mountain and savannah eco-systems, 14,000ha urban municipal and infrastructure development. Therse from company sources, thus totaling 730 000ha (size larger than size under contract- can't tell where the discrepancy comes in). Company website mentions 213 000ha for sustainable forestry, 63 000ha for co-managed community forests and agricultural land, 200 000ha agricultural land, 201 000ha conservation arc, 14 000ha urban, municpal and infrastructure development. The current carbon stock of Grande Mayumba has been quantified at +-434 MtCO2e (million tonnes of CO2). The unplanned development scenario indicates a loss of 52% of carbon (225 MtCO2e) over 25 years. On the other hand, our planned development indicates a loss of 5% of carbon over 25 years, thus making it possible to avoid +-200 MtCO2e of emissions. The savings achieved, which will be verified by continuousmeasurements of carbon stocks, will be transformed into tradable credits.

Year based on information in Mail & Guardian

Sugar trial planted. Planned to open the safari lodge in 2020. "Regrettably due to high level corruption the company has been forced to cease operations there and we are now involved in formal arbitration against the Government of Gabon through the Paris Chamber of Commerce." (https://grassland.org.za/who-we-are/members/leo-smith-kevin) November 09, 2020: the "reactivation" of the "Grande Mayumb" project is announced