Impact Alpha Covers IDB Invest Funding of Ejido Verde
TRANSFORMATIVE WEALTH BUILDING IDB Invest announces that $2 million in financing will go to Ejido Verde! In time for summer planting, and World Environment Day,
TRANSFORMATIVE WEALTH BUILDING
Start of the 2022 Planting Season in Ejido Verde
Start of the 2022 Planting Season in Ejido Verde – Mexico.
- More than 500,000 tree seedlings will be planted to help restore Indigenous landscapes.
- More than 300 additional hectares will be added to our 4,577 hectares under Ejido Verde’s environmental, forestry, and administrative management in Michoacán.
The 2022 planting season has begun in Ejido Verde!
In 2022, we incorporated new areas, such as commercial forestry plantations, into Indigenous Communities, ejidos, and small private properties. This season, we will plant more than 500,000 native pine species, creating employment and well-being in the areas where we operate.
Mexico is the fifth producer of pine resin worldwide, and Michoacán is the state contributing 90% of Mexico’s pine resin. Ejido Verde now has formal agreements with landowners to plant 750 additional hectares in 2022 and 2023, which will be added to the 4,577 hectares that we currently manage with landowners and landholders to ensure the highest caliber environmental, forestry and administrative management.
Ejido Verde, in alliance with rural and Indigenous forest communities, is a company dedicated to the sustainable production of pine resin with the aim of generating prosperity through the establishment and use of commercial forest plantations in the State of Michoacán.
The innovative reforestation model developed by Ejido Verde, together with its community partners, seeks to maximize resin production while restoring degraded lands. The forest management practices used by Ejido Verde guarantee that trees planted maximize resin production. Ejido Verde works in partnership with rural and Indigenous communities to integrate native species from each region.
After China, Brazil, Indonesia, and Vietnam, for 10 years, Mexico has stood out as the world’s fifth-largest producer of crude pine resin, with an average production of 24,000 tons per year. By 2030, Ejido Verde plans to triple this production volume in the Mexican market, propelling Mexico to occupy a place among the top three exporters in the pine resin processing industry.
We are grateful to share this update regarding Ejido Verde’s growth with you. As planting season progresses in Mexico and our community, we send warm wishes to you and yours.
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