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Over 150 project proposals have been submitted for consideration by the BioCarbon Fund. The World Bank, in consultation with the BioCarbon Fund Participants, has identified a group of around 20 leading project candidates, which would supply the greenhouse gas emission reductions to the Fund. In arriving at this list, several criteria were taken into account, including the likelihood of the project raising the necessary start-up capital, the price requested by ton of carbon dioxide equivalent, the expected benefits for the local environment and communities, and the developer's track record. Geographical and technological diversity was also sought.
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| The projects listed below are candidates for inclusion in the BioCarbon Fund. Most of them have already been cleared for advanced preparation. However, the final BioCarbon Fund portfolio may differ from this list. Until Emission Reduction Purchase Agreements have been signed for all the projects, this list is only illustrative of potential projects.
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Country/Project Name |
Proposed BioCF ERPA Emission Reductions tCO2e (Kyoto Protocol-compatible ERs) |
Total Project Emission Reductions tCO2e up to 2017 (Kyoto Protocol-compatible ERs) |
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| ALBANIA: Assisted Natural Regeneration |
350,000 |
390,000 |
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| BRAZIL: Reforestation Around Hydro Reservoirs |
300,000 |
1,870,000 |
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| CHINA: Pearl River Watershed Management |
500,000 |
670,000 |
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| COLOMBIA: San Nicolás Agroforestry |
1,000,000 |
1,030,000 |
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| COLOMBIA: Silvopastoral Rehabilitation |
380,000 |
380,000 |
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| CONGO DRC: Bateke Fuelwood and Timber Plantation |
1,000,000 |
2,230,000 |
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| COSTA RICA: Coopeagri Forestry |
690,000 |
690,000 |
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| DOMINICAN REPUBLIC: Rio Blanco Watershed |
260,000 |
285,000 |
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| ETHIOPIA: Humbo Assisted Regeneration |
1,000,000 |
5,000,000 |
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| HONDURAS: Pico Bonito Forest Restoration |
630,000 |
630,000 |
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| INDIA: India Improving Rural Livelihoods |
260,550 |
276,000 - 646,200 |
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| KENYA: Green Belt Movement |
590,000 |
590,000 |
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| MADAGASCAR: Andasibe-Mantadia Biodiversity Corridor |
400,000 |
400,000 |
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| MALI: Mali Acacia Community Plantations |
1,000,000 |
1,070,000 |
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| MEXICO: Seawater Agroforestry |
720,000 |
720,000 |
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| NICARAGUA: Precious Woods |
280,000 |
280,000 |
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| NIGER: Acacia Community Plantations |
330,000 |
695,000 |
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| PHILIPPINES: Watershed Rehabilitation |
90,000 |
90,000 |
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| TRINIDAD & TOBAGO: Nariva Wetland Restoration |
220,000 |
220,000 |
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| UGANDA: Nile Basin Reforestation |
250,000 |
250,000 |
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| UGANDA: Small Group and Tree Planting (TIST) |
1,000,000 |
1,000,000 |
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| UKRAINE: Chernobyl Reforestation |
1,000,000 |
1,345,000 |
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