OUR FINANCES

Our key principle at Trees for Lurë is complete transparency. We apply it not only for our finances but as our core value. It does not matter if it's a donation, transport or procurement process for our planting material, we publish all the information in the News section. We encourage you to read our Annual reports where you can find information about our income, expenses and donors.

REPORTS

If you have any questions about information published in this section, our finances or any other topic please don't hesitate to contact us.

ANNUAL REPORT 2023

The expansion of our tree nursery by building a new greenhouse and community projects were the main focus of our activities in 2023.

We planted 10,081 trees within only two weeks instead of the four weeks it took in 2022. Moreover, this year was special for us as we planted the first 1,081 trees from our tree nursery, a huge milestone for the project.

We built our first greenhouse, acquired recyclable growing trays, used different planting substrate and expanded the nursery's capacity to 15,000 seedlings. We also developed a monitoring and control system for monitoring vital data in the tree nursery.

Community involvement reached a new record number of workers and we introduced educational activities during the planting season as an additional program to the project.

ANNUAL REPORT 2022

The year 2022 was full of challenges, but thanks to the team's hard work, it turned out very favorable. We pushed our reforestation efforts to a new level and established our tree nursery in Lurë.

We expanded the reforestation project significantly in 2022 and we managed to plant 10,000 Pinus Nigra saplings in Lurë. Through this effort, we contributed substantially to the local economy by establishing a reliable seasonal income for the families.

The tree nursery project was a secondary goal of 2022. However, the nursery is essential for the long-term sustainability of the Trees for Lurë. We established a test nursery and tried to grow our trees in Lurë. We had mixed results; we admit that, but we gained tremendous experience to improve the nursery in 2023. From our target of 5,000 saplings, ~1,700 survived and will continue to grow in the 2023 vegetation season.

ANNUAL REPORT 2019–2021

We have been active in Lurë since 2019 but unfortunately due to the 2019 earthquake and COVID-19 pandemic in 2020 our main planting activities took place in 2021.

We therefore decided to publish our financial and progress report from 2019–2021 as a single report.

KEY FACTS

This information is collated from ALL years we have been active.

34,263
TRESS
29.44 ha
AREA

€104,040
REVENUE
€97,144
EXPENSES

€2.03
COST PER 1 TREE1


€46,840
LOCAL ECONOMY2
957kg
CO2 OFFSETTING3

1 Cost per planted tree is calculated as sum of expenses dedicated to reforestation plus proportion of operational expenses (e.g. salaries, office, etc.) divided by number of planted trees.

2 Local economy is calculated as sum of expenses dedicated to reforestation, nursery and community projects paid out to individuals and businesses in Lurë.

3 An estimated amount of CO2 project is offsetting. More information about carbon offsetting is available in Reforestation section.