The Panna Afforestation Project in India brings together Climate Impact Partners’ project development expertise alongside investor financing and a long-term buyer commitment to generate 3 million carbon removal credits. Half of the project's lifetime removal credits are already secured through a long-term buyer commitment, however the remaining carbon removal credits are available via carbon purchase agreements for companies looking to secure high-quality removal credits that also deliver community and biodiversity benefits.
This carbon offtake opportunity is a large-scale removals project in India that has been designed for long-term community benefit and water conservation. Planting includes fruit trees (mango, guava), furniture hardwood trees (teak), medicinal trees (neem) and other native species.
India Panna Afforestation Opportunity at a Glance:
- 3 million carbon removal credits over 30 years
- 11.5+ million trees to be planted using native species
- 20,000 hectares of planting across farmer and community land
- CCP-approved ARR methodology from Verra – VM0047
- A rating under BeZero's ex-ante rating scheme
VIDEO: Intro to the Panna Afforestation Opportunity in India
VIDEO: Intro to the Panna Afforestation Opportunity in India
India Panna Afforestation Opportunity
India Panna Afforestation Opportunity
India Panna Afforestation Opportunity
India Panna Afforestation Opportunity
This nature-based carbon removal project takes urgent action to combat climate change (SDG 13). In addition, the project is expected to deliver a number of other sustainable development benefits. These include:
- No Poverty: Creating employment opportunities for villagers during planting and establishment of new long-term natural assets in the form of teak and neem trees. Through extra income from the fruit and carbon, farmers could as much as double their current income over the project life.
- Zero Hunger: Supporting sustainable intensification of food crop production and planting fruit bearing trees like mango and guava. The installation of water conservation infrastructure with community tanks, dams, farm ponds, wells, and solar water pumps will reduce the impact of future droughts for the farmers.
- Decent Work and Economic Growth: Sustainable livelihood training is offered to communities on climate-smart agricultural techniques that conserve water and increase the capacity of nurseries for future planting.
- Climate Action: The project mitigates climate change through carbon removal and storage in trees. It also improves adaptation to climate change by reducing the impact of future droughts through better water absorption capacity and reducing soil erosion.
- Life on Land: Improving habitat for local wildlife through the millions of multi-species trees (mango, guava, teak and neem) being planted across tens of thousands of hectares and increasing tree cover in the areas surrounding the world-renowned Panna Tiger Reserve.
India Panna Afforestation Opportunity
India Panna Afforestation Opportunity
India Panna Afforestation Opportunity
Panna exemplifies how companies can help scale large-scale carbon removal infrastructure.
Delivering towards the Global Goals
No Poverty
End poverty in all its forms everywhere
Zero Hunger
End hunger, achieve food security and improved nutrition
Decent Work and Economic Growth
Promote inclusive and sustainable economic growth, employment and decent work for all
Climate Action
Take urgent action to combat climate change and its impacts
Life on Land
Sustainably manage forests, combat desertification, halt and reverse land degradation, halt biodiversity loss
Supporting our projects delivers on multiple UN Sustainable Development Goals (SDGs). You can read more on the Goals below.
Learn more about the global goals
