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

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Chapter 4: Project implementation: office work plans available that can provide valuable tips. Moreover, many NGOs or consultants may be able to assist in this process (see Chapter 7). 4.1.3 Project cycle The steps outlined above are generic and are valid for any forestry project (although the term PIN is used mainly in the forest carbon sector, similar ‘concept notes’ are required for any other type of forestry project). Further steps required for forestry VCM projects in particular are outlined in Figure 11. Several of the steps are described below, and some are addressed in chapter 5 (e.g. monitoring). Methodology Validation Project Design Validation Registration Monitor Verification Credits WHO Project Proponent VVB Project Proponent VVB VCS VVB VVB VCS OUTCOME Methodology Approved methodology Project Description (PD) Validation Report and Statement Project registration Records/Analyses; monitoring report Verification Report and Certification Verified Carbon Units (VCU) Figure 11: Steps of the forestry VCM project cycle, tailored to the VCS 29 29 The steps in the project cycle for other standards are the same; the only difference is the terminology. For instance, in the case of the CDM the project document is called a Project Design Document (PDD), and the credits are called Certified Emission Reductions (CERs). 107
Community guidelines for accessing forestry voluntary carbon markets 4.1.4 Methodology application Once the decision has been made to go ahead with the project, a suitable methodology has to be found or (if one is not available) be developed. Methodologies give exact procedures for quantifying the real GHG benefits of a forestry VCM project, including descriptions and instructions on: • How to establish project boundaries both on the ground and in time; • Which carbon pools and greenhouse gases should be included in calculating the benefits of the project; • Assessment of additionality and selection procedures for the most likely baseline scenario; • Procedures to quantify the baseline scenario, the project scenario and leakage; • Calculation of the net reduction/removal of GHG emissions; and • The monitoring approach. Due to new developments, methodologies can often be revised or even withdrawn. Ensure that you are always up-to-date with the latest information: consult the website of the standard you wish to use! The methodology describes how net carbon benefits are to be determined; implementing the methodology for a specific location leads to the actual, quantified net carbon benefits. Existing templates, such as those from the VCS, are helpful because they help to ensure that project developers provide all required information. If a project developer wants to register a new methodology with a 108
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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 7: Further help and advice
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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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