Our long-term vision complements the Working for Woodlands programme funded by the Ministry of Environment, Forestry and Fisheries. This programme aims to catalyse the private sector into investing in the restoration of hundreds of thousands of hectares of what was previously spekboom-rich thicket. Such a vision can easily be achieved on the back of local and international carbon markets, but only if rigorous science underpins the restoration process. The rigorous science is required firstly to identify the appropriate landscapes for planting of spekboom cuttings and secondly to quantify carbon stocks accurately through time. To this end, AfriCarbon has been conducting scientific research on carbon stocks in spekboom-rich thicket for the past decade and since 2003 has been developing protocols for restoring thicket within the Working for Woodlands programme. In addition, AfriCarbon has developed financial models for restoration projects and undertaken extensive research into the local and international carbon markets, with a view to trading carbon sequestered during the restoration process.
AfriCarbon is consequently uniquely positioned to provide the following services to landowners:
The transaction costs of a single carbon sequestration project can run into millions of rands, and carbon buyers generally prefer to transact in large carbon credits quantities. This is a strong motivation for a large supplier entity. This will: