CARBON TRADING
Brújula Verde Project, Colombia
Reforesting degraded lands in Colombia
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In the Orinoco region of Colombia, the Brújula Verde project is reforesting land degraded by years of intense cattle grazing through a restoration bridge concept that will improve soil health and produce high-quality carbon removals. The restoration bridge involves reconditioning soil health through reforestation, allowing for the reintegration of native species that would otherwise not survive in highly degraded landscapes.
Brújula Verde represents a landmark investment for restoration at landscape scale. The project has planted 12 million trees already across 10,000 hectares, with a route to expansion across 30,000 hectares. This included the reintroduction of native species as soils are reconditioned by the first phases of planting. To date, 1,000 hectares of native species have been planted in the project area. Working with best-in-class digital biodiversity and carbon monitoring partners has allowed us to take a science-based approach to validating and implementing this restoration bridge.
Inverbosques, the project’s operator and our local partner, has operated in this region for over 15 years, generating over 700 direct and indirect jobs.
Overall, Brújula Verde has the potential to absorb 20 million tonnes of CO₂ over 30 years. It will also bring a host of other environmental benefits, including preventing soil erosion and building ecological corridors for native fauna and flora.
In addition to financing the project, Trafigura will manage the offtake and distribution of the carbon credits, providing our customer base with high-quality nature-based removals in addition to co-investment opportunities for future expansions of the project.
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