The Generation Forest Group Project is a VCS/CCB grouped project implemented in the Republic of Panama. The project aim is to reforest 1,100 hectares of degraded land which was formerly used mainly for cattle ranching and pasture, and which is currently under management by the project proponent. The project is designed to continually increase its project zone, project area, and the number of project instances within the expansion area during the project lifetime. The project promotes sustainable forest management and innovative silvicultural practices, using mainly native hardwood species for its reforestation sites as well as enrichment planting and assisted natural regeneration when appropriate. The project is expected to provide more than 150 full-time employment opportunities over its lifetime, as well as to promote the recuperation of natural biodiversity habitats in the country. It is based on the Generation Forest Concept, which combines the economic use of high commercial value tropical hardwood plantations with ecological benefits that are similar to those of natural tropical forests, including carbon sequestration, the creation and preservation of habitats for biodiversity, and the restoration and protection of hydrological and soil resources.