The Gran Chaco is South America’s second-largest native forest area and functions as one of world’s major carbon sinks. It is distributed largely between Paraguay and Argentina, whilst approx. 15% is made up between Bolivia and Brazil.
The tropical forest of the Chaco is one of the richest in terms of biodiversity, and is home to endemic and endangered animals species and indigenous communities who heavily rely on the forest for their existence.
The Gran Chaco is no stranger to permanent forest destruction, and with one of the highest deforestation rates in the world, the Chaco forest is at immediate risk of collapsing.
Legal and irrevocable deforestation is happening at an incredible speed, with native Chaco forestland being converted into cattle ranching and cropland. One bulldozer alone is able to deforest 1 ha. in a matter of two hours, resulting in the disappearance of 120 ha per day in each new cattle development. The threat is urgent as deforestation projects work 24/7, in groups of up to 10 bulldozers at the time.
Global GHG emissions are on the rise as a direct consequence of the deforestation of native forests. In fact, a quarter of all emissions worldwide are caused by deforestation, forest degradation and land use changes, incl. agriculture. Large-scale deforestation results in increased emissions and major loss of biodiversity.
Founded in early 2019, Quadriz is the trading and carbon offset project arm of forestry and agro-research company Investancia Group, with HQ in the Netherlands and local forestry operations in Paraguay.
From its local base in Alto Paraguay, near Carmelo Peralta, Quadriz works to develop and promote large-scale REDD+ programs to conserve a maximum of the native Chaco forest.
With a strong local presence in the Chaco, Quadriz is in a unique position to monitor and conserve local Chaco forests through its programs. Vicinity is key, and the “Corazón Verde del Chaco” project is situated only 30 km from the Quadriz base at Santa Rosanna.
The Quadriz team has a combined experience of over 15 years in carbon project development, implementation and forest carbon monitoring under the Verified Carbon Standard. The Quadriz team consists of skilled Carbon market traders, VCS-CCBS Forest Carbon Experts, as well as Agroforestry Engineers and other Forestry professionals.
Its Senior Forest Carbon Expert has experience from leading full technical development (including all technical GHG accounting, running the methodology and monitoring reporting and validation/verification) of a total of 12 VCS/CCBS offsetting projects in US, Brazil, Uganda, Tanzania, and Chile. Quadriz commercial team consists of carbon market sales specialists with extensive experience in the voluntary carbon market as well as compliance carbon markets.
In October 2020, Quadriz announced the commencement of its REDD+ project named Corazón Verde del Chaco, due to its location in the “Green Heart” of the Paraguayan Chaco.
This high-impact project will initially conserve 32,000 hectares (79,000 acres) of critical Chaco forest and will be designed under two leading carbon standards known as the Verified Carbon Standard (VCS) and the Climate, Community and Biodiversity Standard (CCBS) with Gold Distinction. Furthermore, the Project will simultaneously preserve endangered species and a wide range of ecosystem services, provide an economic alternative to local communities, and mitigate the release of an estimated 2 million metric tonnes of carbon dioxide emissions over the first 10 years of the Project.
The Corazón Verde del Chaco project is situated in Puerto Casado, Department of Presidente Hayes. The project is highly scalable and Quadriz has already identified and earmarked large adjacent areas of native forest under immediate threat of deforestation, which could be included under its REDD+ program.
Investing in REDD+ projects that are able to scale is essential, and a USAID report on REDD+ outlines how the scalability of REDD+ in Latin America has proven to be a key element to large-scale conservation of forests and therefore reducing emissions.
First VCU (Verified Carbon Units) vintage will be 2021 with delivery in mid-2022.
Get in touch with our sales team to discuss your offset needs and to request further project info.
The Gran Chaco is a diverse biome of humid and semi-arid ecosystems, made up of riverine forests, wetlands, and savannas. The Chaco forest is home to 3,400 plant species, 500 bird species, 150 mammal species and 220 reptile and amphibian species, including several endangered species as listed on the IUCN red list, by not limited to:
Apart from the protection and conservation of important primary forests and wildlife corridors, such as the Jaguar corridor, Quadriz’ projects come with a wealth of additional co-benefits, and its REDD+ ‘Corazón Verde del Chaco’ project is expected to contribute with up to 15 of the UN Sustainable Development Goals.