The TBN Atlantic Forest project aims to restore this degraded and deforested land and support the flow of climate finance into the region.

The Atlantic Rainforest is a valuable buffer against climate change impacts in Brazil and provides valuable ecosystem services that support the country’s hydroelectric energy and food supply. However, deforestation in the Atlantic Rainforest increased by 66% between November 2020 and October 2021, releasing approximately 10.3 million tonnes into the atmosphere. Much of this deforestation has been driven by urbanisation and land for cattle grazing. 

TBN Atlantic Forest aims to restore this degraded and deforested land. The identified area is unproductive, deforested and degraded pastureland, spanning multiple privately owned sites of approximately 15,000 hectares. The project involves planting native species on pastureland deemed to be 90% deforested and degraded to ensure additionality.

The re-growth and restoration of native woodland will support local communities, enhance the forest as a climate buffer, and provide local water security. What sets this project apart from non-Brazil-based reforestation and restoration projects is its emphasis on permanence and durability. While the project itself has a lifetime of 20 years for implementation and management, with the potential to extend, the intention is to convert it into a nature reserve, ensuring that the land is protected into perpetuity and the project impact is enduring.

TBN Atlantic Rainforest is redefining durability and permanence for nature-based projects involving reforestation or afforestation and introducing new standards and best practices for effective governance of forest carbon projects. This project, which stands at the intersection of public policy and private markets, will set a precedent for developers, policymakers, natural capital investors and asset owners to support long-term, highly durable nature-based projects for permanent and impactful removal of atmospheric carbon. 

Treeconomy will monitor this project. This monitoring will start from a baseline assessment and track the ecosystem's growth as it develops through ongoing monitoring. The sale of carbon credits through offtake agreements will bring in the necessary capital flows to get the project up and running.