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 />
take some time, depending on the quality of submission, but a fast track<br />
process takes about 3 – 4 months and may cost up to 25 000 USD.<br />
4.1.5 Project description<br />
The project description (PD) is an essential part of the VCS standard.<br />
The equivalent document under some other standards (e.g. CarbonFix<br />
and CDM) is called a project design document (PDD). Once an approved<br />
methodology is available, a PD or PDD can be prepared. This document –<br />
among other things – describes how the chosen methodology is applied<br />
in a particular project. Each standard issues PD/PDD templates, which<br />
are available online.<br />
Currently, the majority of new <strong>for</strong>estry VCM projects use the VCS PD<br />
template. This template is there<strong>for</strong>e used in these <strong>guidelines</strong> as the main<br />
reference (an outline of the VCS PD template is presented in Annex 2).<br />
A PD or PDD should include:<br />
• Background details: What the project is, including project<br />
duration, location, project proponents and other essential<br />
in<strong>for</strong>mation.<br />
• Methodology definition: Which methodology it uses and why,<br />
its application to the project activities, baseline scenario data<br />
and additionality assessment.<br />
• Monitoring outline: How monitoring will be done, including<br />
a review of the monitoring process and how the project area<br />
will be divided up.<br />
• GHG emission reductions: How GHG emission reductions and<br />
removals are calculated, and estimates of these reductions<br />
and removals under different scenarios.<br />
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