The Hongera Reforestation Project is a large-scale carbon offsetting project in Kenya that aims to restore previously-forested areas that have been affected by human activities such as logging, agricultural clearance, development, construction, and firewood collection.
Reforestation projects involve replanting trees and vegetation in previously-forested areas affected by natural or unnatural disturbances. In this instance, unnatural disturbances, driven by human activities, such as logging, agricultural clearance, development, construction, and firewood collection, have reduced the size and integrity of the previously-existing forests. The project is expected to plant over 16 million trees over a seven-year period and will focus on planting trees in catchment areas such as Mt Kenya and the Aberdares. The project is designed to protect biodiversity, increase water security, and provide a better quality of life for local communities.
Reforestation projects involve replanting trees and vegetation in previously-forested areas affected by natural or unnatural disturbances. In this instance, unnatural disturbances, driven by human activities such as logging, agricultural clearance, development, construction, and firewood collection, have reduced the size and integrity of the previously-existing forest.
This project will plant millions of trees over seven years varying from shade trees and fruit trees in small-holder farms and a diversity of indigenous species. These trees are planted where reforestation is needed in the country’s ‘water towers’-catchment areas such as Mt Kenya and the Aberdares where reforestation is important for water security as well as increasing levels of biodiversity.
trees being planted
tonnes CO2 to be captured
hectares to be restored
farmers positively impacted
Kenya is home to a great variety of life, with over 35,000 species of flora and fauna. The country’s diverse ecosystems range from mountains, tropical, drylands, forest, and arid lands. Furthermore, around 2.5% of the country’s total area is covered by inland lake and wetland habitats. Kenyan forests, in particular, are especially rich in plant and animal life and most of the country’s endemic species live in forest habitats.
The project will have a positive impact on local communities by providing jobs and investment to alleviate poverty. Most people in rural areas in the project region rely on agriculture to earn an income. Although some of their revenue may come through small-scale ‘cottage industries’, the majority are smallholders with an average monthly income of between $45 and $180. By protecting the immediate environment, the project will secure a better quality of life for these communities and reduce poverty through investment and the provision of jobs.
DGB derives its main income from the sales of VCUs. The lifetime of the project is 41 years. Carbon credits will be generated from year four, from which time the project will become financially self-sustaining. During the period before this, the company is relying on various financing sources including venture capital and debt, to finance its operations. DGB has a Corporate Finance and Strategy team dedicated to raising funds. Revenues from carbon removals will play an important part in DGB's ability to meet its immediate and future fundraising needs. The issuance of VCUs in year four of the project, will be a critical proof point for the next fundraising round to unlock investment from an even larger range of investors and secure the remaining amount needed to rapidly reforest the earth through projects such as this.
We are a project developer of high quality large-scale carbon and biodiversity projects accredited by third-parties.
We’re striving to safeguard the natural world, helping people live more sustainably and take action against deforestation and desertification.