In November, two of our consultants traveled to Kazakhstan! 🇰🇿 They were there to help with the country’s first ever forest climate project 👇 🌳 As stated by Raimbek Batalov, the Chairman of the Forum of Entrepreneurs of Kazakhstan, “The project involves the restoration of 1,500 hectares of degraded land using local trees. The pilot will help reduce emissions and preserve local biodiversity, and during its implementation, about 1.2 million carbon credits will be received.” 🌱 Our consultants were there to perform a feasibility study, comparing the conditions in the project’s plating sites to other sites in the region. We spent a lot of time meeting with the project teams on the ground, as well as local stakeholders and the local conservation fund. The project aims to create a forest ecosystem in the Almaty region of Kazakhstan, through the planting of over 3 million trees. This will lead to the removal of 1.2 million tonnes of carbon dioxide over 30 years, as well as co-benefits related to: agroforestry, ecotourism, and job creation ✅ 🌳 In the field, Guy Warren and Michael Tye witnessed a winter wonderland! ❄️ [references in the comments] 👉 Enjoy this kind of content? Follow our page and visit our website for more thought leadership related to the carbon market, climate finance, and sustainable development!
📚 Read about the project from a meeting between the prime minister of Kazakhstan, SEFE, SAFC: https://primeminister.kz/en/news/olzhas-bektenov-discusses-forest-climatic-project-start-up-with-sefe-uk-representative-29338 📚 Read more about the project and the Chairman of the Forum of Entrepreneurs of Kazakhstan’s thoughts: https://www.inform.kz/ru/v-kazahstane-na-15-tisyachi-gektarah-zemli-startuet-perviy-lesoklimaticheskiy-proekt-8c9af1