Carbon Offsets to Alleviate Poverty, in partnership with the William J. Clinton Foundation, has announced that it has added the Clinton Development Initiative's Trees of Hope project in Malawi to its portfolio of certified forestry carbon projects.
The partnership will enable individuals and organizations worldwide to offset their carbon emissions while generating life-changing income for smallholder Malawian farmers in the rural districts of Neno and Dowa, which long have suffered from land and soil degradation brought about by deforestation and poor land management practices. Launched in 2007, Trees of Hope comprises two hundred community groups and spans an area of over 488 hectares. Since the program's inception, more than two thousand farmers have planted some two million hardwood, mango, and citrus trees, which are projected to sequester two hundred thousand tons of carbon dioxide.
When fully funded, the project could see the planting of about ten million trees, generate up to one million tons of long-term carbon dioxide sequestration, and spin off as much as $4.95 million in earnings for participating farmers over the next decade. In addition to Trees of Hope, COTAP's portfolio of certified forestry carbon projects include Taking Root's project in Nicaragua, the Environmental Conservation Trust of Uganda's Trees for Global Benefits project, and Envirotrade's Sofala project in Mozambique.
"When individuals offset their carbon footprint through projects like CDI's Trees of Hope, they're not only taking action on their unavoidable, personal contribution to climate change," said COTAP founder and CEO Tim Whitley, "they're also addressing challenges like food security and education....COTAP was founded to connect more individuals and organizations in developed countries with this far-reaching, multifaceted, and long-lasting philanthropic transaction."