Community guidelines for accessing forestry voluntary carbon ... - FAO

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Chapter 3: Getting started • Changes in carbon stock and GHG emissions in the project case; and • Carbon benefits negated due to leakage. The project developer can then calculate the net carbon benefits of the project according to the formula: C ForestryProject = ∆C ACTUAL - ∆C BSL - LK where: C ForestryProject Net GHG removals; normally expressed as tCO 2 -e ∆C ACTUAL Actual net GHG removals, or carbon stock in the project case (the net carbon benefits achieved by the project) ∆C BSL LK Baseline net GHG removals; Total GHG emissions due to leakage Once the project developer has a preliminary estimate of the carbon benefits, the emissions resulting from project implementation must be deducted and the net balance can be expressed as tCO 2 e. By multiplying this figure with a range of potential carbon prices, a project developer can provide a range of estimates for the potential financial benefits of the project. As noted in previous sections, these financial benefits must outweigh the costs that are required to actually implement the project, plus the transaction costs and the cost of certification, validation and verification of results. This is the concept of financial viability, discussed again in chapter 6. 87
Community guidelines for accessing forestry voluntary carbon markets 3.2 Assembling the resources Once a decision is made to move forward with a forestry VCM project, the forest manager must assemble the resources that are needed to begin. The steps involved in getting to the starting line are set out below. 3.2.1 1 st step: find a reliable guide Identify public agencies or NGOs that can serve as “information brokers.” These are the organizations that can help with capacity building, dissemination of information and training services related to project design and implementation. Readers of these Guidelines should find themselves equipped for this role. Smallholders and local communities may also need the services of research bodies or organizations that can provide assistance on issues such as establishing tree nurseries and small-scale plantations, carbon stock assessments and monitoring. Guidance will also be needed in legal matters, concerning, for example, ‘carbon rights’ (see Box 7) and resource distribution (or ‘benefit sharing’). Two useful resources are freely available online: • “Payments for Ecosystem Services (PES) Contract Clauses Library”, from the Katoomba Group 26 • “Payments for Ecosystem Services - Legal and Institutional Readiness”, from Forest Trends. 27 (See Chapter 7 for more guidance on where to seek external help. Smallholders and local communities should not be encouraged to move 26 http://www.katoombagroup.org/regions/international/clauses/ 27 http://www.forest-trends.org/publication_details.php?publicationID=3014 88
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RAP PUBLICATION 2012/16 Community g
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Foreword The impacts of climate cha
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Table of Contents Foreword iii Acro
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List of Boxes Box 1: Grouped projec
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SFE SFM SOC SOP UNFCCC USAID VCM VC
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Afforestation, Reforestation & Re-v
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Climate Change Adaptation 5 Adjustm
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minimum threshold values at maturit
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(PD) is an official term under one
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obtaining and maintaining project r
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Community guidelines for accessing
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1 Forests and climate change 19
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Chapter 1: Forests and climate chan
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Chapter 5: Project implementation:
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6 Identifying, managing and quantif
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Chapter 6: Identifying, managing an
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7 Further help and advice 155
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Chapter 7: Further help and advice
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Background information Table 9: Sou
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ANNEXES 171
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ANNEX I Part 1: Project description
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ANNEX I Describe the current and al
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ANNEX I Project Proponent(s) Name o
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ANNEX I Current status of acceptanc
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ANNEX I Baseline scenario What woul
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ANNEX I poverty alleviation, foreig
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ANNEX I Grants Give name of the org
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ANNEX I Part 4: Institutional detai
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ANNEX I Incentive systems List exis
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ANNEX II Annex II: VCS PD template
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ANNEX III Annex III: Example outlin
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ANNEX III 3.4.5. Non-timber forest
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ISBN 978-92-5-107322-3 9 7 8 9 2 5
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