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Saturday
Dec292012

FCO Partners with The Forestlands Group for a Major Project in Belize

 

FCO recently signed an agreement to develop a large project on lands purchased by The Forestlands Group LLC (TFG) in Belize, Central America.  This property was formerly owned by Gallon Jug Agroindustries and the REDD project was started prior to purchase.  TFG will manage the REDD project and conduct sustainable forestry on the property.  Forest Stewardship Council certification, Verified Carbon Standard certification, and Climate, Community, and Biodiversity Alliance Standard certification will be sought for the property.  The REDD project consists of approximately 25,000 acres of rainforest previously slated for conversion to sugar cane agriculture, and it protects a central component of a key biodiversity area.