Besides our goal to help to tackle climate change by integrating renewable energies in Europe, we want to do more and take on responsibility. Together with our partner Eden Reforestation Projects, we are planting 20 mangroves in Madagascar for every gigawatt hour we trade. As well as 250 mangroves for each of our business partners and employees. In 2020 this goal calculated into 150.000 mangrove trees being planted.
Mangroves store up to five times more carbon than conventional forests. Each mangrove tree removes around 12 kg of CO2 from the atmosphere per year. Further, mangrove forests are highly important for saving the world´s biodiversity and for preventing coastal erosion. Madagascar is one of the world’s top conservation priorities because of its high concentration of endemic species and extreme rates of habitat loss. To secure the success of the planting project the socioeconomic impact has also been taken under consideration. Therefore, the local communities are being involved in the planting project, providing them with work and a steady income.
The Betsiboka River is the longest river in Madagascar, with mangrove trees representing the natural vegetation in its coastal areas. The mangrove-lined estuary plays an important role for the local community of Moraharivo and the wildlife. Before the project started, the mangrove forests found in this area were subject to deforestation and forest degradation from charcoal production. Our reforestation project supports the local community in the sustainable planting and management of these mangrove forests to stop further and future deforestation and to create new forest areas.
Check our News section for quarterly updates. If you want to know more about the Madagascar Project you can watch this video or read about it here. If you have any further questions about our Reforestation Project, feel free to contact us!