Planting of Kiri trees in North Macedonia for Gold Standard CO2 credits and timber sales

ecoverde AG

Gansingen (CH) · Gostivar (North Macedonia)New on Amplifa

2018Founded

approx. 40Employees

Gansingen CH, Gostivar MKLocations

About ecoverde

ecoverde AG, headquartered in Gansingen (canton of Aargau, Switzerland), was founded in 2018 by Jetlum Memedi and Stevens Senn. The company offers tree partnerships: on previously fallow agricultural land in North Macedonia, the home country of founder Jetlum Memedi, ecoverde plants Kiri trees. The Kiri tree is a fast-growing species that binds an above-average amount of CO2; one tree produces one cubic metre of timber within seven years, storing around 550 kg of CO2 in the process. Tree partners receive Gold Standard CO2 credits annually, which they can use to offset, retire, donate or trade, as well as returns from timber sales after six, seven and eight years. Irrigation is provided via a drip irrigation system using water from local wells; the plots are monitored around the clock. Harvesting is carried out sustainably on an annual cycle, covering one third of the area each time. The plantation is operated by the subsidiary ecoverde AG DOOEL Gostivar; the company employs around 40 staff.

Site: Gansingen
Processes: Tree partnerships with Kiri trees, CO2 credits (offset, retire, donate, trade), Timber sales after 6–8 years, Round-the-clock monitoring of the plantation, Drip irrigation from local wells, Sustainable harvesting cycle (one third of the area annually)
Materials: Kiri tree (Kiri hybrid)
Certificates: Gold Standard (CO2 credits)
Founded: 2018
Employees: 40
Industries: Forestry/Timber, Climate protection/CO2 offsetting, Sustainable investments, sustainable investments

01
Site selection in North Macedonia
02
Planting of the Kiri trees
03
Drip irrigation from local wells
04
Round-the-clock monitoring and care
05
Annual harvest of one third of the area from year 6 onward
06
Sale of the timber and issuance of Gold Standard CO2 credits

Cultivation and Management

Kiri

Kiri tree (Kiri hybrid)

Fast-growing tree species that binds significantly more CO2 than native species and produces one cubic metre of timber within seven years.

Locations

Gansingen

Head office/registered seat of ecoverde AG

Gostivar

Subsidiary ecoverde AG DOOEL Gostivar, operation of the Kiri plantation

Materials: Kiri trees

Drip irrigation system
Wells

Services

**Young plants / cutting preparation**Plant propagation · Plantation North Macedonia

Inside the production

Industries

Forestry/TimberClimate protection/CO2 offsettingSustainable investmentssustainable investments

Additional services

Tree partnerships with Kiri treesCO2 credits (offset, retire, donate, trade)Timber sales after 6–8 yearsRound-the-clock monitoring of the plantationDrip irrigation from local wellsSustainable harvesting cycle (one third of the area annually)

Quality and Standards

The CO2 credits are issued under Gold Standard. The plots are monitored around the clock and visits are meticulously documented.

Evidence	Gostivar
Gold Standard (CO2 credits)

History

2018
Jetlum Memedi learns about the properties of the Kiri tree; the first plantation in North Macedonia is established, followed later by the founding of ecoverde AG by Jetlum Memedi and Stevens Senn