Community guidelines for accessing forestry voluntary carbon ... - FAO
Community guidelines for accessing forestry voluntary carbon ... - FAO
Community guidelines for accessing forestry voluntary carbon ... - FAO
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<strong>Community</strong> <strong>guidelines</strong> <strong>for</strong> <strong>accessing</strong> <strong>for</strong>estry <strong>voluntary</strong> <strong>carbon</strong> markets<br />
4.1.4 Methodology application<br />
Once the decision has been made to go ahead with the project, a<br />
suitable methodology has to be found or (if one is not available) be<br />
developed. Methodologies give exact procedures <strong>for</strong> quantifying the<br />
real GHG benefits of a <strong>for</strong>estry VCM project, including descriptions and<br />
instructions on:<br />
• How to establish project<br />
boundaries both on the<br />
ground and in time;<br />
• Which <strong>carbon</strong> pools and<br />
greenhouse gases should<br />
be included in calculating<br />
the benefits of the<br />
project;<br />
• Assessment of<br />
additionality and<br />
selection procedures <strong>for</strong> the most likely baseline scenario;<br />
• Procedures to quantify the baseline scenario, the project<br />
scenario and leakage;<br />
• Calculation of the net reduction/removal of GHG emissions;<br />
and<br />
• The monitoring approach.<br />
Due to new developments,<br />
methodologies can often be<br />
revised or even withdrawn.<br />
Ensure that you are always<br />
up-to-date with the latest<br />
in<strong>for</strong>mation: consult the<br />
website of the standard you<br />
wish to use!<br />
The methodology describes how net <strong>carbon</strong> benefits are to be<br />
determined; implementing the methodology <strong>for</strong> a specific location leads<br />
to the actual, quantified net <strong>carbon</strong> benefits.<br />
Existing templates, such as those from the VCS, are helpful because they<br />
help to ensure that project developers provide all required in<strong>for</strong>mation.<br />
If a project developer wants to register a new methodology with a<br />
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