Terragrn to regenerate up to 200 000 ha of unused land in Mpumalanga
Climate-smart multinational Terragrn plans to turn up to 200 000 ha of unused land in coal mining-centred Mpumalanga, South Africa, into a $2-billion sustainable land management agroforestry project over the next ten years.
Terragrn’s vision is to deliver community-centric, nature-based solutions that provide sustainability, jobs, food security and alternative power solutions that will drive an energy transition in the country and, ultimately, further afield into other parts of Africa.
The overall solution in Mpumalanga is said to fulfil all the requirements in terms of climate resilience, community empowerment and economic growth.
This is being achieved through a model that consists of an integrated agroforestry system designed with commercialised plants to assist in growing and harvesting sustainable, non-invasive bamboo, as well as a productive food forest – both of which are expected to considerably boost the conservation of the local natural habitat.
The $2-billion impact investment will take place through multi-phased financing, over ten years, aligned with the forest’s development and expansion.
The time is right for a significant project like this in Mpumalanga, where the pressure is mounting for the province, and South Africa, to diversify energy supply with renewables, and pave the way for a future beyond coal, Terragrn posits.
“Because Africa's biggest problems of poverty, climate, food- and energy-insecurity are interconnected, we realised that it was essential to ensure that our model was designed to limit the worst effects across all of these in a holistic way, while driving positive change and opening the door to exciting growth opportunities.
“Part of these growth opportunities, of course, means that community involvement is key. In addition to the wide-ranging challenges being addressed through the project, it is important to note that the socio-economic benefits for the local community are vast – more than 50 000 jobs will be created over the next ten years,” CEO Sundar Bharadwaj says.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation