Partanna has leased 10 acres in The Bahamas and is building a factory that will produce materials to support 1,000 homes per year indefinitely.
At COP27, in October 2022, the Prime Minister of the Bahamas, Philip Davis, in an address to the World Leaders Summit announced a partnership with Partanna to build the world's first carbon-negative housing development.
The development of 1,000 affordable, sustainable dwellings is comprised of single-family homes, duplexes, triplexes, and multi-family homes constructed from Partanna’s carbon-absorbing building material.
The new venture will help to ease the housing shortages that the Bahamas is currently facing, as the country continues to rebuild after the devastation caused by Hurricane Dorian, in 2019. Partanna Bahamas is on track to deliver the first 30 units in 2023, with the remaining homes built by the end of 2025, with Partanna's new factory due to come online towards the end of 2023.
Each 1,200 sq ft home in the development will have the ability to absorb 50-100% of the carbon that would be emitted by a home constructed using traditional materials.
The development project will employ at least 1,000 Bahamians over the duration of construction, and Partanna will also provide training in the new skillsets required to establish the Bahamas as the global centre of a new sustainable building materials industry.
Power in Numbers
Number of avoidance and removal carbon credits associated with each home