Lyngdalur
Lyngdalur Áfangi I
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Impacts
Project Information
On 42 ha at Lyngdalur, Grímsnesi, South Iceland, 7 ha of Sitka spruce and 35 ha of lodgepole pine are expected to be planted over two years. The goal is carbon sequestration, improved hydrology, soil conservation, and to provide diverse habitats as well as improving the site for outdoor recreation and providing the possibility of future timber production.
Media
Sustainable Developement Goals
Good Health and Well-being
Ensure healthy lives and promote well-being for all at all ages
Decent Work and Economic Growth
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
Climate Action
Take urgent action to combat climate change and its impacts
Life on Land
Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss
Additionality
Level 1 additionality
Baseline additionality. Compared to the baseline scenario the project needs to mitigate climate change. That is the project must implement actions that are additional to what would occur compared to the baseline.
Level 2a additionality
Statutory additionality. The project must implement actions that are beyond requirements stipulated in local legislation or regulations. Projects are statutory additional if their implementation and/or operation is not required by any law, statute, or other regulatory framework, agreements, settlements, or other legally binding mandates requiring implementation and operation or requiring implementation of similar measures that would result in the same mitigations in the host country.
Level 4a additionality
Financial additionality I. A project is financially additional if it results in higher costs or relatively lower profitability than would have otherwise occurred in the baseline scenario.
Participants
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