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Vlinder

Location

Kenya

Sector

Blue Economy

Stage

Implementation ​
Overview

The Papariko Mangrove Project in Kenya is one of Vlinder’s flagship initiatives aimed at restoring 1,500 hectares of degraded mangrove ecosystems across Kwale, Kilifi, and Tana River counties.
The project is
designed to plant 4.2 million mangrove trees, sequestering approximately 911,660 tCO2e over a 30-year crediting period, with potential extensions. Beyond environmental restoration, the project integrates significant socio-economic benefits, directly impacting over 8,000 local residents, with a strong emphasis on empowering women, who make up more than 50% of the local staff. The project secured a $150,000 grant from WWF-UK, was awarded the “Bankable Nature Solutions – Investor Voted Project of the Year 2024″ by WWF and received recognition at both county and national levels.
The project already secured $ 1 million investment by a
french-based impact investor (hummingbirds) for the first 300 ha and is open for investment for additional 1000 ha.

Investment Needs

$3 150 000

Investment Project Type:

Private

Invested Value to Date:

$1 150 000

Funding Gap:

$3 150 000

Climate Classification:

Mitigation

Why Investing

1
Low-Risk, Early-Stage Investment
The project is already in implementation, with 250 hectares of the initial 300 hectares planted, making it the lowest-risk category for early-stage investment. Investors benefit from a significant price discount (sold at $45 USD/tCO2 for spot credits in April 2024, and pre-selling at $25 USD/tCO2).​
2
International Recognition and Credibility
The project is internationally recognised by WWF and has been thoroughly vetted by the French-based investor Hummingbirds, who have conducted multiple site visits.
3
Strong Market Interest
Two additional parties have already expressed interest in the project, signaling strong demand and investment potential.
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