El Globo Habitat Bank

Description: Each Terrasos Biodiversity Unit (TEBU) represents a weighted, 10m² score of long-term restoration/preservation in the project area. El Globo is located in the “Cuchilla Jardín-Támesis” Integrated Management District (DMI). Here ecosystem preservation, forest enhancement and restoration activities are implemented to generate positive and permanent impacts on biodiversity. The project has a 30-year financial, technical and legal structure for operation, securing biodiversity gains in time. The area has one of the few remnants of Native High Andean Forest still preserved in the region and it is a registered Habitat Bank at the Ministry of Environment and Sustainable Development of Colombia. To learn more about how these Biodiversity credits are calculated review here: https://en.terrasos.co/_files/ugd/cfa1dc_5af4fd0405c04e4a85c59dc9a3e3293b.pdf Their story: El Globo plays a vital role in the preservation and enhancement of the Premontane Tropical Humid Forest of the Colombian Andes, a biodiversity hotspot facing threats from unsustainable land use practices. Its strategic location fosters ecosystem services such as water regulation, carbon sequestration, and nutrient cycling. The project area hosts precious fragments of Cloud forest that serve as essential habitats, facilitating biological processes crucial for numerous species’ survival. El Globo provides habitat for endangered and vulnerable species, including the Yellow-eared Parrot (Ognorhynchus icterotis), the Crested Eagle (Spizaetus isidori), and the Spectacled Bear (Tremarctos ornatus). These species face habitat loss and fragmentation, and the project area plays a crucial role in their conservation. The project area had experienced extensive logging in the 1980s for cattle grazing. However, due to armed conflict in the region, landowners were forced to abandon the property in the 1990s, leaving it untouched for nearly two decades. El Globo complements international efforts such as the Convention on Biological Diversity (CBD), the Sustainable Development Goals (SDGs), and the 2022 COP15, all of which focus on biodiversity conservation and financing. Additionally, it falls within a Key Biodiversity Area (KBA) and a regional protected area, recognized for its rich birdlife and water resources. In 2020, El Globo was designated as a Private Natural Reserve. El Globo is home to a diverse array of wildlife, including over 120 bird species, 21 mammal species, and 154 plant species. The project’s core mission is to conserve and restore the Cloud Forest, its unique species, and their ecological interactions.

Verifier: KPMG Advisory

Location: Cuchilla Jardín-Támesis District (DMI), Colombia

Registry: Regen Registry

Price: 25

Class: Terrasos Biodiversity Unit

Type: Biodiversity

Priority: 2

Protocol: Terrasos Protocol for Issuing Voluntary Biodiversity Credits

Batch: BT01-001-20210309-20231212-001

Certifications: KPMG Advisory Verified

Escrow: regen1qyg8d3usj0gjlmag6ns8wmp52m653kv7hrevuh

Method: Biodiversity

Methodology: Biodiversity Protection

Ratings: N/A

Status: Active