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 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.

22,793
TRESS
15.22 ha
AREA

€64,476
REVENUE
€63,269
EXPENSES

€2.03
COST PER 1 TREE*


€30,834
LOCAL ECONOMY**


* 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.

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