Project details
1130 ยท Afforestation + biomass
  • Cochabamba, Bolivia, China
Afforestation of the rainforest creates perspectives

The Cochabamba Valley in the central Bolivian Andes offers ideal conditions for reforestation of the rainforest and for sustainable land management. The ArBolivia project supports smallholders from 165 communities to protect the forest as well as biodiversity, while increasing crop yields and the well-being of local families. The goal of this Gold Standard project is to reforest 7,200 hectares of forest, of which 1,200 hectares are declared as conservation areas.

Currently, the Cochabamba project is combined with a biomass project in Heilongjiang, China that is registered under the Clean Development Mechanism (with CERs) (#1411). Combined climate projects to date: wind power, Karnataka, India (#1394) and wind power, Tirupur, India (#1493). This high-value project combination allows the Cochabamba project to be pre-financed with Planned Emission Reductions (PERs) under the terms of ICROA.

How do PERs support international afforestation projects?

Afforestation projects are very cost-intensive, among other things, because of their long lifespan. Therefore, the Gold Standard provides a secure way to cover initial costs and realize high-quality afforestation projects. Investors can purchase so-called Planned Emission Reductions (PERs), which are registered and can be traded, and will be converted into verified emission reductions (VERs) after 5 years at the latest. This provides transparent support for the financing of the project activities. ClimatePartner is a member of ICROA and additionally combines PER projects with CER projects to meet all market requirements. Find out more about international standards.

Forests are one of the most important CO2 reservoirs on our planet. However, global forest areas have declined sharply in recent decades due to increasing settlement, agricultural use, illegal logging and raw material extraction. It is therefore enormously important to preserve the CO2 storage capacity of the biosphere by afforesting new areas or reforesting degraded land.

Contribution to the UN Sustainable Development Goals (SDGs)
Responsible Consumption and ProductionThe afforestation project in Cochabamba, Bolivia promotes sustainable forest management as well as sustainable land use targeting 2,000 local smallholders.
Climate ActionForests store large amounts of CO2 and have positive effects on the global, regional and local climate. The afforestation project in Cochabamba, Bolivia saves about 4,000 tonnes of CO2 emissions per year.
Life on LandThe project contributes to the protection of biological diversity and many endangered animal and plant species in the Bolivian Amazon region.
Project standardCombined Project: CERs + Gold Standard PERs (Planned Emission Reductions) TechnologyAfforestation + biomassRegionCochabamba, Bolivia, China