BAM Bosques Amazónicos

private capital for a sustainable world

BAM Our projects Reforestation of Native Species in Campo Verde, Ucayali

Reforestation of Native Species in Campo Verde, Ucayali

Widely viewed as a best-practice model for tropical forestry and sustainable development, this award-winning project has seen 1,000 hectares of degraded pasture reforested with two million valuable native trees. Long term financial stability is effected through sales of carbon credit and sustainably harvested timber. The project is supported by a state-of-the-art tree nursery, with a production capacity of one million trees per year.

Recognition for Campo Verde

• The first commercial reforestation project with native species to be validated under the Verified Carbon Standard (VCS), the most widely used carbon accounting standard among projects in the voluntary market.

• Awarded maximum Gold level certification by the Climate, Community and Biodiversity Alliance (CCBA), in recognition of its effectiveness in mitigating climate change and promoting biodiversity and sustainable development.

• Campo Verde is registered in the NYSE Blue VCS Registry, a trusted and secure platform for issuing, tracking and retiring Verified Carbon Units (VCUs).

• Awarded the 2010 National Renewable Natural Resources Eco-Efficiency Business Award by Peru's Ministry for the Environment and Universidad Científica del Sur.

• Featured as a model for sustainable development in numerous news reports and a television program presented by Peru's Minister for the Environment.

Project Background

Campo Verde comprises low-grade pasture land and forest which was deforested in the 1960s. The site history reveals a pattern of unsustainable logging and farming which is typical across the Amazon, and has resulted in the conversion of vast swathes of pristine forest to unproductive pastures that sequester little carbon. Following the extraction of valuable timber, land is burned to make way for arable farming. Without its natural forest cover, the soil degrades rapidly, until the land is eventually abandoned or converted to ranching. Non-native grass species rapidly cover the soil, making it difficult for native species to regenerate, and making the land more vulnerable to fire.