Paracel

Welcome to Paracel

A leader in sustainable forest management

Paracel is a transformational landscape-scale project in Paraguay, delivering high-integrity carbon removals at scale while catalyzing a new sustainable forestry sector in Paraguay.

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Paracel will capture large volumes of carbon through a project that meets all the principles of high-quality carbon certification requirements, while also following the sustainable forestry practices of FSC® certification C203074 and the IFC Performance Standards.

By:202420302040

We will have captured

1.3m

tonnes of CO2e

We will have captured

26m

tonnes of CO2e

We aim to remove* over

50m

tonnes of CO2e

That’s over

800k

car trips from Cairo to Cape Town

That’s more than

15m

flights from NYC to Tokyo

That’s approximately

2 years

of LA’s CO2e emissions

*Refers to carbon unit generation forecast

Men checking crops

Technology Driven

Digital MRV for transparency and tracking

To maximize confidence in Paracel’s performance, we have partnered with best-in-class providers of digital monitoring, reporting, and verification who will monitor the project’s progress on an ongoing basis.

These providers will do so by capturing data at the spatial level from multiple sources including high-resolution satellite and drone images.

Consequently they can transparently monitor the forestry operations and provide quality data for carbon performance quantification, as well as risk of reversals like fire and beyond.

Workers planting trees

The project will have a positive impact on the Paraguayan economy at both the national and local community levels.

Establishment of a New Sector

The project is helping to establish a formal forestry sector in Paraguay

IPromoting the long-term development of communities in a region facing significant socioeconomic challenges. Some of the project’s expected outcomes are:

Creation of more than 3,000 jobs .

Training of 5,000 people, including vocational and technical training programs for women and indigenous communities.

Access to basic services such as water, electricity, and roads; improved access to healthcare; support for agricultural production; and assistance with obtaining documentation.

More than 10,000 people benefiting from improved healthcare and infrastructure.

More than 6,000 boys and girls benefiting from investments in education.

Economic engine

A sustainable development engine for Paraguay

What makes this project unique is its integrated approach, which combines industrial-scale forestry on degraded land with the restoration of native ecosystems—including forests and savannas—in accordance with IUCN landscape principles. By design, the project not only captures more than 3 million tons of CO₂ equivalent in its first phase of operation alone, but also conserves 66,000 hectares of forest and restores 18,600 hectares of native habitat.

But what truly sets this project apart is its transformative impact on local communities. In a landscape long dominated by informal work, subsistence farming, and low-productivity livestock grazing, Paracel is building a formal, inclusive, and sustainable economic engine from the ground up.

Man planting crops

Impact

10% of carbon revenue reinvested

10%

As a key part of our commitment to ongoing positive impact, 10% of all carbon revenues from Paracel will be reinvested in the local community and further conservation programmes.

Impact

4x increase in the median income of local families

Arrow pointing up

The department of Concepción has one of the highest poverty rates in Paraguay. The economic opportunities created by Paracel are tangibly improving this, quadrupling the median income of families in the area.

Our groundbreaking landscape approach will have an overall positive impact on the region’s biodiversity and restoration of its native ecosystems.

Net biodiversity gain

A net positive strategy for biodiversity

Paracel has a forestry management plan that balances native ecosystem restoration with sustainable forestry.

Paracel's net biodiversity gain strategy seeks to improve the state of biodiversity in its area of influence, compared to what would have happened in this landscape without the company's presence.

+90,000 hectares designated as conservation areas

+1,300 protected species of fauna and flora

Workers looking at birds

Wildlife

The native wildlife of Cerrados de Concepción

Paracel is playing an important role in the conservation of the region’s wildlife – including many threatened, vulnerable, and endangered species.

Wildlife

Red-and-green Macaw

(Ara chloropterus)

IUCN Global Status Least Concern

National Status Endangered

Seen in Rancho Z

Pampas Deer

(Ozotoceros bezoarticus)

IUCN Global Status Near Threatened

National Status Endangered

Seen in Santa Teresa

Cock-tailed Tyrant

(Alectrurus tricolor)

IUCN Global Status Vulnerable

National Status Endangered

Seen in Santa Teresa

White-throated Piping Guan

(Pipile grayi)

IUCN Global Status Near Threatened

National Status Threatened with Extinction

Seen in Soledad

Pantanal Cat

(Leopardus braccatus)

IUCN Global Status Near Threatened

National Status Insufficient Data

Seen in Gavilán

Azara’s Capuchin

(Sapajus cay)

IUCN Global Status Vulnerable

National Status Insufficient Data

Seen in Hermosa

Photo of a Red-and-green Macaw
Photo of a Pampas Deer
Photo of a Cock-tailed Tyrant
Photo of White-throated Piping Guan
Photo of Pantanal Cat
Photo of Azara’s Capuchin
Map highlighting the area they can be found
Map highlighting the area they can be found
Map highlighting the area they can be found
Map highlighting the area they can be found
Map highlighting the area they can be found
Map highlighting the area they can be found

Approach

Biodiversity: a multifaceted approach

Approach Benefits

Flora & Fauna

Birds on a branch

The first step in implementing a net gain strategy is to fully understand the ecosystem’s baseline – something we have been working on since the beginning of the project and will finalize this year with a science-based Biodiversity Action Plan (BAP).

Paracel’s primary benefit to the region’s wildlife is through the conservation and restoration of natural habitats -  savannahs as well as forests - and by maintaining thousands of hectares of ecological corridors that sustain the biodiversity connected in the landscape.

Approach Benefits

Soil

Hand inspecting soil

New plantations are occuring on degraded landscapes that have been used for agriculture for many years and so soil quality, alongside overall biodiversity, is depleted.

As the project site contains multiple different areas with variation in the properties of the soil, we have taken a microplanning approach to ensure appropriate use of the land at a granular level.

Approach Benefits

Hydrology

We have carefully considered the hydrological impact of our activities, including planning around our use of trees.

Our approach is to generate the minimum possible impact on water resources through the conservation of riparian forests and savannahs that buffer the potential impact on streams and maintain water quality.

Most importantly, plantation activities will be avoided in wetland areas due to their ecological significance and sensitivity.

What makes Paracel’s impact possible is the sheer scale of the project across multiple dimensions.

Site Area

203,000 hectares – and counting

Illustration of the site area

As of January 2024, the entire Paracel project area is over 190,000 hectares large – with over 50% of that land dedicated to new forest plantation, and the remaining dedicated to conservation and restoration.

In coming years new portions of land may be added either through ownership or working with third-party landholders, increasing the size further, up to a possible 500,000ha.

Site Area

Our site area is already 25% larger than Greater London

Map of Greater London

Today’s Paracel site is enormous – it is approximately 25% larger than Greater London. And, as new parcels of land are added in the future, it will continue to grow.

Woman taking notes on a tablet

Afforestation

We are planting 160,000,000 new trees

Illustration of trees

With over 50% of the Paracel land used for afforestation, we plan to plant over 160 million trees.

Workers on the site