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The Campo Verde project in Peru became the first commercial reforestation endeavor with native species to be validated under the Voluntary Carbon Standard (VCS) following the AFOLU guidelines for Afforestation and Reforestation. It was validated by TÜV SÜD.
The project has planted 919 ha to date, with a target of 18,900 ha. It uses a mix of native species within a 30-year cycle, with an initial validation of 101,982 credits for Emissions Reduction after the application of a 40% buffer.
The project breaks the cycle of deforestation in the Amazon in which extraction of high-value timber is followed by changes in land use through conversion to cattle ranching and subsequent land abandonment. The project reverses this inexorable trend by recovering heavily degraded soil prior to plantation of a
mix of native species of high commercial value, in a process that resembles natural forest succession.
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