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Ghana - Form Ghana Reforestation Project

Sector: Government • Location: Ghana

Source: African Development Bank (AfDB)

Project

The Form Ghana Reforestation Project aims at the restoration of degraded forest reserves by establishing a large scale sustainable commercial forest plantation (11 ,700 ha) composed of (10% indigenous tree species and 90% teak) in collaboration with the Government of Ghana (GoG) through the Forestry Commission of Ghana (FC). About 14,000 ha of degraded forest land has been acquired in Akumadan and

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The project “Ghana - Form Ghana Reforestation Project” is an infrastructure initiative in the Government sector, located in Ghana. Taiyo aggregates data on it from African Development Bank (AfDB).

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Description

Description

The Form Ghana Reforestation Project aims at the restoration of degraded forest reserves by establishing a large scale sustainable commercial forest plantation (11 ,700 ha) composed of (10% indigenous tree species and 90% teak) in collaboration with the Government of Ghana (GoG) through the Forestry Commission of Ghana (FC). About 14,000 ha of degraded forest land has been acquired in Akumadan and Berekum, North of Kumasi, through a 50-year renewable land lease accompanied by tripartite commercial Benefit Sharing Agreements (BSA) between GoG, local communities and the project. The project will initially focus on production of billets, poles and high quality round logs for local and export markets. This project is an innovative opportunity to catalyze private sector involvement in climate change mitigation and green growth efforts by supporting a scalable concept in a region with high potential for demonstration and replication. It is being implemented by Form Ghana Ltd (Project Company) in close collaboration with the Government of Ghana through the Forestry Commission. It is the first FSC certified Plantation Company in Ghana and West Africa, and it is already producing Carbon Credits as per VCS standards.

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Source reliability

High

Data quality score

100%

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