Impact Reforestation in the Chaco Project Achieves CCB Validation, Marking CIP’s Seventh Validated Project

[Charlottesville, Virginia, USA; 10 December 2025]

Climate Investment Partners (CIP) is pleased to announce that the Impact Reforestation in the Chaco Project [Project ID 2496], developed jointly with Investancia, has officially achieved CCB Validation under Verra’s Climate, Community & Biodiversity (CCB) Standard. This milestone strengthens the project’s environmental integrity and confirms its social and biodiversity contributions across Paraguay’s western region.

This achievement builds on the Project’s VCS registration (Project ID 2496) obtained in 2023 and positions it among Paraguay’s most rigorously certified nature-based climate solutions.
Read Investancia’s announcement here

A milestone for Paraguay’s emerging carbon market

The CCB validation comes at a transformational moment for Paraguay. Earlier this year, the government enacted Decree No. 3369/2025, establishing the regulatory framework for its national Carbon Credit Law. The decree provides clarity and investor confidence for high-integrity Agriculture, Forestry and Other Land Use (AFOLU) projects, positioning Paraguay as a new regional hub for large-scale carbon removals.

The Impact Reforestation in the Chaco Project is now one of the first large ARR initiatives to be validated following the introduction of this regulation, reinforcing the country’s commitment to global climate goals.
Learn more about Paraguay’s carbon market decree

High-integrity ARR at scale in South America

This grouped ARR project is designed to restore more than 120,000 hectares of degraded cattle pasture in the Chaco, a biome recognized as one of the world’s most threatened ecosystems. The Project integrates Pongamia pinnata and native species, improving soil fertility, supporting silvopastoral systems, and providing long-term carbon sequestration.
The CCB Validation Report confirms:

• Strengthened biodiversity corridors, including sightings of endangered Chacoan species such as the Chacoan peccary and jaguar (Panthera onca) 
• Hundreds of new jobs, with a strong inclusion of women and Ayoreo Indigenous community members
• Investments in training, health access, and water improvements
• Validated alignment with CCB requirements following site visits, stakeholder interviews, and an audit by AENOR, the accredited validation and verification body

These findings demonstrate the project’s holistic benefits across climate, community, and biodiversity, key drivers for buyers seeking credible, high-impact carbon removals.

Leadership reflections: years of work validated

James Eaton, CEO of Climate Investment Partners and Director at Ostrya Conservation, reflected on the milestone:

“The CCB Validation of the ‘Impact Reforestation in the Chaco Project’ is a significant achievement and a testament to years of dedicated work from Investancia and Ostrya Conservation. The Chaco is one of the world’s most ecologically important and threatened regions, and this milestone shows that reforestation at scale is attainable in this region. Approval to the CCB Standard reinforces the region’s role in the global climate and biodiversity agenda and highlights what committed partnerships can accomplish.”

Brian McFarland, COO of Climate Investment Partners and project lead, added:

“This validation reflects the depth of effort behind this Project, from technical modeling and biodiversity planning to stakeholder engagement with Ayoreo communities and the integration of Paraguay’s new carbon market requirements. Achieving CCB validation underscores that high-integrity ARR projects in South America are possible, and they are the future of durable climate solutions.”

Strengthening CIP’s portfolio of validated projects

With this milestone, the Impact Reforestation in the Chaco Project becomes CIP’s seventh validated project across Africa and Latin America, advancing our mission to bring high-quality nature-based solutions to the global carbon market. Each validation strengthens our commitment to transparency, scientific rigor, and inclusive climate action.

Explore the full project page:
https://climateinvestmentpartners.com/impact-reforestation-in-the-chaco-project/

Looking ahead

With the CCB validation now complete, the project enters the next phase: ongoing implementation, continuous monitoring, and preparation for future verifications. As Paraguay accelerates its climate strategy through its new legal framework, this Project stands as a flagship example of how restoration, carbon finance, and community development can converge to deliver long-term regional impact.

CIP will continue working closely with Investancia, Quadriz, the Ayoreo communities, and government partners to ensure that the Project maintains its high-integrity commitments and continues to contribute to Paraguay’s climate leadership in the region.