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Capitalization

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Collectif CSI

The Entrepreneurial Project

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We continue on our journey to a soon-to-be forest on the Batéké Plateau, 150 kilometers northeast of Kinshasa in the Democratic Republic of the Congo. On approximately 5,000 hectares of land that is mainly savanna, an agricultural engineer, best described in this story as an entrepreneur, has had acacia shoots planted in rows, with more to come. The entrepreneur is preparing the necessary paperwork to register this business as a reforestation project within the carbon market scheme, the so-called Clean Development Mechanism established by the Kyoto Protocol under the supervision of the Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) as a means of reducing greenhouse gas emissions. His plantation is expected to capture more than 1.5 million tons of carbon dioxide (CO2) over a 40-year period, the estimated sequestration potential of the project in climate change mitigation parlance (Ehrenstein and Muniesa 2013). Once the project is duly ...

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