€120–140 per hectare per year for land designated for afforestation!

SFE “Forests of Ukraine” is consulting with international brokers specializing in the sale of carbon certificates.

A carbon certificate (credit) verifies the reduction or absorption of a specified amount of CO₂ emissions.

In some developed countries, taxes on greenhouse‐gas emissions are very high. Consequently, local producers are keen to purchase carbon certificates in order to offset their own emissions.

For example, the local carbon emissions tax can reach €117–120 per tonne. By contrast, a carbon certificate on the European market can currently be purchased on average for €40–60 per tonne (USD 20–50 per tonne in the US).

According to the World Bank, by 2030 the carbon certificate market could grow fifteenfold.

On average, one hectare of forest absorbs 3–4 tonnes of carbon per year, which amounts to approximately €120–140 per year at current prices.

Obtaining a certificate requires undergoing a comprehensive audit process: carbon credits must be verified, certified, and issued in accordance with the applicable standard.

We are discussing terms, conditions, and procedures with potential partners who offer services for placing Ukrainian “forest” carbon certificates on international markets.

An important condition is that a certificate can only be registered for land undergoing afforestation for the first time.

Thus, the sale of carbon certificates can become a joint project between SFE “Forests of Ukraine” and local communities. We will finally secure land areas to fulfill the strategic goal of increasing the country’s forest cover, while communities will gain a financial incentive for transferring reserve lands for afforestation.