![]() Projects do not receive credits for carbon stored in landfills when project harvest exceeds baseline harvest.Accounting considerations for emission allowances Account for Emissions trading schemes and Account for certified emission reductionsĮU member states have set limits on carbon dioxide emissions from energy-intensive companies under the EU emissions trading scheme. Carbon in wood products in landfills is only accounted for when baseline harvest exceeds project harvest, i.e., reduces the number of credits received.Leakage risk of about 37% for shifting harvest and wood products emissions is assessed as a deduction in the quantity of credits only when it detracts from project crediting due to lower harvest levels.No accounting is included for carbon accumulations in soils, litter, and duff, which together account for about 40% of the total carbon in a forest, even though these carbon pools increase substantially as part of a forest carbon project.All projects contribute approximately 15-20% of their credits to an insurance buffer pool that backstops emissions associated with project failure, principally as the result of fires, floods, hurricanes, and other natural disturbances.Crediting in the forest protocol is conservative due to:.The long-term result of forest carbon projects will be bigger, older, and more resilient forests, many with enhanced productivity. Forest carbon projects remove these risks with guaranteed monitoring reporting and verification for the next 100-years plus. Forest carbon stocks are continually at risk of degradation or conversion, particularly given the frequency of timber market fluctuations and land transactions, which are largely motivated by timber and alternative land use value.Standardized baselines, with a basis in carbon stocking among landowner peers defined for each forest type, are used to account for the fact that potential baseline outcomes are hypothetical (i.e., one cannot know a future outcome that will not occur).Important greenhouse gas accounting themes within the protocol, such as baselines, additionality, environmental safeguards, and leakage risk, are assessed over a minimum of 100 years.Improved forest management projects enable forests to transition to sustainable forests that are more resilient to impacts of climate change, appropriately stocked, have larger and older trees, maintain high growth rates, and often will result in higher production of wood products than in the baseline case over the project life.Organic Waste Digestion Protocol Developmentįorest Carbon Accounting for IFM Projects Organic Waste Composting Protocol Development Dominican Republic Livestock Protocol Development.Nitrogen Management Protocol: Submitting Data for Future Expansion. ![]() Reserve Guidelines for Aggregating Forest Projects.Sequential Sampling Verification Workbook.Forest Carbon Accounting for IFM Projects.Revisión del Protocolo Forestal para México.Panama Forest for Offset Credits Development.Nitric Acid Production Protocol Development Ozone Depleting Substances Protocol FAQs.Ozone Depleting Substances Protocols (U.S.Protocolo de Proyectos de Sustancias Agotadoras de la Capa de Ozono para México.Mexico Ozone Depleting Substances Protocol Development.Mexico Ozone Depleting Substances Protocol.Adipic Acid Production Protocol Development Desarrollo del Protocolo de Halocarbonos para México.China Adipic Acid Production Protocol development.
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