We are changing that by pioneering and planting the first generation forest in Central America
In 2014, we became a pioneer investor in Central and Latin America’s first generation forest. On a pilot plot of 700 hectares of deforested land in Panama, we are planting together with our partner Futuro Forestal a highly biodiverse forest, showing for the first time how a monoculture plantation can be turned into a diverse forest by using native species. In contrast to traditional timber plantations, we are creating the first permanent forest in Central and Latin America that will never be cut down again while still producing commercial timber that can provide safe jobs and provide a sustainable livelihood for farmers and workers in an ecologically and economically viable way. The generation forest is an effective way to halt climate change, absorbing and binding about 14 tonnes of CO2 per hectare every year. Our project area is one of the most biologically diverse regions in the world, at least in those places where forests still exist. Since our generation forest is growing we have witnessed over the last five years a remarkable recovery of biodiversity on our plot, having once more created a permanent habitat for endangered wildlife such as howler monkeys, ocelots, pumas, and rare birds. In Panama’s countryside, fair jobs are hard to find. Each hectare of a generation forest creates more than a 1000 working hours each year at dignified employment standards with access to full social security, education and professional training. Our generation forest furthermore gradually converts the ground, depleted by decades of cattle farming, back into rich and fertile soil while preserving and creating millions of liters of fresh groundwater.