Blog IICA

Revitalizing the Coconut Market and Restoring Land in Guyana

Fecha de inicio: 2017
Fecha de fin: N/A

Description

Pomeroon Trading is driving the restoration of degraded lands in the Pomeroon-Supenaam region of Guyana by establishing sustainable coconut farms. Since 2017, it has reclaimed approximately 350 hectares using Climate-Smart Agriculture practices, solar energy, and natural defenses such as mangroves to mitigate the effects of rising sea levels and extreme weather events. The company strengthens the local economy by employing residents, creating one of the largest private coconut seedling nurseries in the Caribbean, and supporting smallholder farmers through cooperative programs. With investments in processing facilities for coconut water and byproducts, Pomeroon is capitalizing on a rapidly growing market while building an environmentally friendly, resilient, and profitable business model that enhances food security and biodiversity in the region.

Action scope

Subnational

Evaluated

No

Stage

Implementation- Ongoing

Temporalidad

Long-term

Number of Years

N/A

Budget in USD

Budget in USD
$3,000,000.00
Counterpart Budget
$8,000,000.00
Total Budget
$11,000,000.00
Annual Average Budget
$0.00
Financing Sources Financing Types
Private sector Investment funds

Institutions

Institutions Institutions rols
Financing-investor

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