Established in 2018, the Ejido Forestal Los Bancos project conserves communally-owned pine-oak forest in Northern Mexico and provides alternative income to the 44 ejidatarios who have traditionally tended the land. The project hopes to sequester 376,166 tons of CO2 within ten years by leaving 30% more residual timber from planned harvests than is required by Mexican law. The project also invests in conservation activities and forest fire prevention infrastructure.
Los Bancos is home to a wide variety of plant and animal species, including the brilliant green macaw (Ara militarist).
Does the project have a net additional climate benefit?
Net additional climate benefit
Emissions reductions are calculated based on the difference between baseline, project, and leakage emissions. Pachama analyzes emissions claims to confirm that the project has a net additional climate benefit, and each credit represents at least one metric ton of carbon.
Is the climate benefit based on sound and conservative claims?
Pachama analyzes baseline emissions accounting to confirm that the reported baseline emissions are less than what Pachama observes with remote sensing.
Pachama assesses the project boundary, project emissions accounting, carbon inventory, and financial and legal additionality.
Pachama summarizes the project's reported leakage emissions accounting.
Is the climate benefit long-lasting?
Pachama quantifies emissions since the last verification to ensure the project continues to deliver a climate benefit.
Pachama characterizes fire and other natural risks and summarizes buffer pool contributions.
Does the project deliver benefits beyond carbon?
If a project occurs on community-owned land, Pachama confirms the community is fully informed of the project activity and impact, consent is given without coercion, and a grievance and redress mechanism is in place.
For ARR projects, Pachama analyzes native species planting, species diversity, regional suitability, and reforestation practices.
Pachama provides a summary of the project's awarded certifications.
Verification report 2018-2019