ECONOMIC &
SOCIAL IMPACT
The economic and social impact of volume reforestation
activities in the Paraguay Chaco region
Code of conduct for responsible agriculture
The economic and social impact of volume reforestation activities will be considerable for the Paraguayan Chaco region.
We estimate the following impacts per 100,000 hectare of Pongamia plantings:
Economic
- Creation of an estimated 250 direct permanent jobs
- Workforce creation for the land preparation and planting of 50 million trees
- Workforce for the harvesting and crushing of more than 2 million tons of pods per year
- Animal feed (protein) production from seed cake meal and export of 480,000 metric tons per year
- Crude vegetable oil production and export of 300,000 metric tons each year
- Creation of tree nurseries operations
- Infrastructure maintenance
- Creation of apiculture
Social
- Full implication and involvement of local Chaco population including indigenous communities
- Employees’ housing programs
- School aid programs
- Medical support programs
- Technology & know-how transfer
- Training of local workforce
- Best practices transfer
17 UN Sustainable Development Goals
The following SDGs are those that will be achieved by Investancia’s Pongamia reforestation program
SDG1
Investancia is working to increase the communities’ incomes by providing access to good paying jobs.
SDG2
All employees, such as nursery staff will be provided with daily, home-cooked meals for free.
SDG3
The program is working to provide good paying jobs and nutritious, daily meals which will help improve workers’ health and well-being.
SDG4
Investancia provides training and education to workers about workers’ rights and workplace safety, along with the latest techniques in tree nursery management.
SDG5
Investancia hires men and women, with advancement opportunities available to everyone.
SDG6
Access to clean water and sanitation facilities are provided to all guests and to all workers. In addition, the reforestation activities will reduce erosion and water runoff, including runoff from cattle ranches.
SDG7
The program’s electricity is primarily supplied from the Foz Iguazu Hydroelectric Plant. In addition, there are solar panels installed throughout the program’s remote areas to assist with pumping water.
SDG8
Investancia provides decent work to local communities, including indigenous, and is developing a sustainable economic model for the region.
SDG9
Investancia is developing a new, innovative industry for the region and has developed extensive infrastructure (i.e., tree nurseries, farmhouse headquarters, roads, etc.)
SDG10
The program is seeking to reduce inequalities by providing, amongst many things, good paying jobs.
SDG11
Investancia is seeking to protect and safeguard an important cultural and natural heritage, as the Chaco Forest is under grave threat from deforestation and the surrounding areas are important historical sites.
SDG12
The program, as a forest restoration project with a sustainable biofuels component, is promoting sustainable management and efficient use of the area’s natural resources.
SDG13
One of the main goals of the program is reforestation to sequester carbon dioxide emissions to help mitigate climate change.
SDG14
The reforestation activities reduce erosion and water runoff, including runoff from cattle ranches, which will benefit the adjacent river ecosystems.
SDG15
One of the main goals of the program is to use reforestation activities to reestablish critical wildlife corridors. In addition, the program will regularly monitor biodiversity using wildlife cameras.
SDG16
The program encourages strong institutions, including the rule of law.
SDG17
The program is the result of strong international and domestic partnerships including amongst the Project Proponents, local communities, local landowners, government officials, commodity offtakers and Ostrya Conservation.
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For further information on Investancia's SDG 17 Development Goals , email us today
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Investancia cares for its workers’ health and well-being, and encourages to stay fit and active through daily exercise and sports activities
workers currently employed
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World Bank’s Seven-Principle Code Of Conduct For Responsible Agro-Investment
1
Respecting local land rights:
Investancia respects local landowners rights and through its long-term leasing model, it provides financial security to the landowners who are still able to continue with their cattle activity on the reforested land.
Ensuring local food security:
Local landowners can through Investancia’s reforestation program continue its primary business activity of beef production
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3
Ensuring transparency and good governance:
Investancia ensures that all processes relating to investment in its reforestation models are transparent, monitored, and ensure accountability by all stakeholders, within a proper business, legal, and regulatory environment.
Consultations with all stakeholders:
Investancia has held and continues to hold numerous stakeholder consultations with local communities and other stakeholders materially affected, including several meetings which have influenced the overall project design.
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5
Responsible agro-investing:
Investancia’s programs respect the rule of law, reflect industry best practice, are viable economically, and result in durable shared value.
Social sustainability:
Investancia’s programs generate an array of positive impacts and co-benefits improving the livelihoods of the local communities.
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Environmental sustainability:
Investancia’s programs offer long term carbon sequestration from Pongamia pinnata trees in silvopastoral agroforestry systems. Pongamia, being a legume tree, fixes atmospheric nitrogen through its root nodes and thereby auto-fertilizes itself and the surrounding soil and adjacent areas which promotes vegetation growth.
