Santo Domingo

Santo Domingo, located in the NE of the province of Corrientes, is a pioneering forestry initiative in several aspects that began its activities in 2007 in a field of 3,405 hectares. The net plantation area is 2,430 ha., where 3 million specimens were planted, with 24% of the total area covered by reserves of native forests, pastures, riparian corridors (gallery forests that protect water courses) and natural springs of water.

It is the first and only forestry project in Argentina under the Clean Development Mechanism (CDM) of the Kyoto Protocol.

Developed in an area where the main activities are cattle ranching and traditional forestry (pure plantations of pines or eucalyptus), the initiative was proposed as a project for the afforestation of fields of natural pastures with the particularity of using native species of high value, mixed with fast-growing exotics. After the harvest of the exotic and part of the native species, a permanent forest of native species will have been developed.

OBJETIVE

The project’s main objective is to achieve verifiable carbon capture and to generate, in a sustainable way, high-value forest products.

PROJECT BENEFITS

The silvicultural management scheme implemented in Santo Domingo, in addition to its impact on climate change mitigation, generates a series of benefits and positive impacts in the three spheres of sustainable development: economic, social, and environmental.

 

THE PROJECT
Surface 3.405 hectares.
Location Province of Corrientes (NE of Argentina), with a strategic location between RN 14 and 12.
Potential mitigation 750.000 tn CO2 in 20 years (11 tn CO2 / ha / year)
Baseline of the Project High deforestation and advance of the agricultural frontier, loss of biodiversity and impoverishment of local communities.
Duration 40 years
Long-term sustainability The project is funded by Novartis within the framework of its global climate change mitigation policy.
Certifications UN Certification – Mechanism for Clean Development (CDM) of the Kyoto Protocol.
Sustainable forest certification.

 

SDG TARGETED

 

Timeline

  1. 2007

    Inicio del proyecto.

  2. 2013

    Emisión de 100.188 reducción de emisiones certificada (CERS).

  3. 2014

    Reconocido por Banco Galicia como mejor operador.

  4. 2018

    Emisión de 367.415 reducción de emisiones certificada (CERS).

  5. 2019

    Premio Ciudadanía Empresaria AmCham
    Huella de Carbono Proyecto Santo Domingo 2019.

  6. 2023

    Próxima emisión de crédito MDL (Mecanismo de Desarrollo Limpio).



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