The Cochabamba Project Ltd. -- ArBolivia
Afforestation, Reforestation and Revegetation (ARR)
Santa Cruz (Ichilo), Beni, La Paz y Cochabamba (Chapare) - Bolivia
Validated conformance with the CarbonFix Standard Version 3.1: March 1, 2013 (RA-VAL-CFS- 016867).
The Cochabamba Project Ltd.’s ArBolivia aims to promote reforestation and fair trade. The initiative—which is being implemented in Cochabamba, Santa Cruz, Northern La Paz and Beni—seeks practical solutions to increased deforestation, climate change and poverty. Beginning with an area of 2,938 acres (1,189 hectares), the project will reforest 12,355 acres (5,000 hectares) in the subtropical lowland of Bolivia’s Amazon Basin. The work will be done by local farm families through small-scale forestry plantations, using almost entirely native tree species, and will include the establishment of on-farm ecological corridors, protective plantations and sustainable agriculture. The project officially started in September 2007, following an extended period of research and development dating back to 1995. It has an estimated cycle of about 50 years.
The initiative was the first of its kind to implement reforestation through an association between local smallholders and ethical investors. To supplement the initial investments, financial revenues will also be generated through environmental-services payments for the conservation benefits provided by the project’s reforestation work.