Yax Balam Biological Corridor

Project Developer

Size

Maturity stage

Country

Financing mechanism

Equity
Loan
Seed capital

Contact

Jasmine Ward

jasminew@greenbalamforests.org

Link

Environmental benefits

Creating a carbon corridor to biodiversity through:

Forest landscape restoration 

Contributing to the Bonn Challenge and the UN Decade on Ecosystem Restoration (Guatemala committed 1.2 million ha)

Ecological connectivity

Linking 4 Protected Areas and the largest lake in the Maya Biosphere Reserve (Tikal-El Zotz-BioItza-Cerro Cahui-Lake Peten Itza)

Ecosystem services

Strengthening regulation, particularly through protection and restoration of crucial watershed areas. Increasing provision through agroforestry restoration

Biodiversity 

Expanding endangered species habitat and protection (ex. Jaguar, Tapir, White Lipped Peccary, Yucatan Black Howler Monkey). Increasing prevalence of diverse native tree species and seed sources (ex. Ramon, Mahogany, Cedar, Ceiba, Logwood, Sapodilla, Copal)

 

Carbon capture 

Sequestering and locking down carbon at landscape scale through reforestation, monitoring and credit certification

Community benefits

Building a participatory restoration alliance through:

Strategic local partnerships 

Securing long term agreements with farmers, communities and landowners for Green Balam consultancy, co-management, or self-managed participation in the corridor initiatives

Knowledge sharing 

Facilitating an interactive network for technical assistance and economic strategy support to promote informed adoption of restorative land management

Food security 

Diversifying availability of organic, local products from agroforestry restoration

Education 

Partnering with student research institutes and the Wildlife Conservation Society (WCS) for biodiversity surveying. Developing environmental education programs and demonstration plots with partners (Regenera Consulting; Organizacion Ecologica Sol y Verde)

Wellbeing 

Increasing opportunities for forest recreation and spiritual connection with nature through eco-tourism options

Socio-economic community development 

Large-scale employment of local Forest Guardians (rangers). Establishment of community managed tree nurseries and “added value” processing centres for timber and NTFPs

Business model

We are currently the owners and managers of Tulan Reserve (430 ha forest conservation site within the corridor landscape), Xibalba Reserve (55 ha ex-cattle pasture reforestation and agroforestry demonstration site), and a tree nursery. We are consulting on several other properties. Our business model is based on the following elements:

  • Assuring resilience through diversity and connectivity. 
  • Land acquisition in areas of key biodiversity value that have significant threat of deforestation. Partnering and providing consultancies for local landowners within the corridor area.
  • Designing mosaic management approaches for conservation and restoration that provides a portfolio of options for the land owner and investor. Demonstrating management practices at our two model forest sites to inspire informed adoption.
  • Aligning ecological restoration design with diversified income streams, for immediate (incentive programs, carbon credits), continuous (eco-tourism, agroforestry products and NTFP sales, tree nursery sales), and long term (biodiversity credits, certified sustainable timber harvesting) returns.
  • Partnering with organisations to develop supply chains, secure carbon certification, and connect the eco-tourism network. For example: ramon nut exportation, or Open Forest Protocol carbon etc.