When we start to develop the projects we look at a number of different issues, such as country risk, infrastructure, market stability, social and environmental impacts, and land values.
The eucalyptus projects are then developed in stages that allow Greenwood Management complete control to develop a plan over time that will add security, flexibility and allow for changes in project engineering and financing.
The Annual Project Reports are issued to Greenwood Management clients annually, and briefly outline each step taken in the project development over the course of the year. The first year's reports usually comprise of the three completed phases of the projects until planting has progressed. The later reports are generally lighter, and consist mainly of the recommendations and actions taken over the course of the previous years to improve the environment for the projects.
The initial Phase 1 report for the eucalyptus projects satisfied the requirements laid down by Greenwood Management in its operating procedure, and was focused on the environment for the establishment of the eucalyptus afforestation projects.
After the overall environment for the project had been researched in Phase 1, we then research the project's finer details and then proceed to Phase 2, where we begin to establish a contacts list. This will include information on competing growers in the area, suppliers of services, governmental and regulatory departments etc.
Phase 2 of the project progression also identifies a number of suitable areas and properties for the progression, an initial assessment of development potential for these properties and the projected schedule and costing of the development stages and planning component of the programme. Development cost estimates, species recommendations, best management practices, and additional contractor lists for implementing the project are a component of the implementation plan developed during the site inspections of the project. Phase 3 is the physical installation of the project with planting planned for the following November.
As the projects progress they go through a number of stages that allow for funding and for changes. The primary four stages required for Greenwood Management to progress are:
Phase 1: The Project Proposal Research and Development.
Phase 2: Site Planning and Implementation Plan.
Phase 3: Implementation, Site Preparation Tree Planting, Tending and Fertilization.
Phase 4: Monitoring and Review.
Each phase of the project is developed to provide sufficient information for an informed decision to move forward with the project, or to allow for adjustments.