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

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Chapter 4: Project implementation: office work<br />

4.1.1 PIN (Project Idea Note)<br />

A good PIN is important to attract the interest of investors. It<br />

represents the first step in the process of generating income from<br />

the <strong>for</strong>estry VCM. This is a summary document, usually not more<br />

than 5-6 pages long, often generated be<strong>for</strong>e detailed in<strong>for</strong>mation<br />

on the project design and potential impacts is available. A PIN is not<br />

usually a <strong>for</strong>mal request, unless the project developers are applying<br />

<strong>for</strong> funds from large organizations (such as the World Bank or<br />

European Commission), but it always helps to give investors an idea<br />

of what the project developer seeks to achieve and what kind of<br />

financial support is being pursued. The bottom line is that it needs<br />

to cover all the basics of the project and clearly set out how it will<br />

generate <strong>carbon</strong> credits.<br />

An example of a completed PIN is provided in Annex 1.<br />

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