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

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Chapter 2: VCM project types and standards Box 8: FAO forest definition Land with tree crown cover (or equivalent stocking level) of more than 10 percent and area of more than 0.5 ha. The trees should be able to reach a minimum height of 5 m at maturity in situ. The area may consist either of closed forest formations where trees of various storeys and undergrowth cover a high proportion of the ground; or open forest formations with a continuous vegetation cover in which tree crown cover exceeds 10 percent. Young natural stands and all plantations established for forestry purposes which have yet to reach a crown density of 10 percent or tree height of 5 m are considered forests, as are areas normally forming part of the forest area which are temporarily unstocked as a result of human intervention or natural causes, but which are expected to revert to forest. Includes: forest nurseries and seed orchards that constitute an integral part of the forest; forest roads, cleared tracts, firebreaks and other small open areas; forest in national parks, nature reserves and other protected areas such as those of specific scientific, historical, cultural or spiritual interest; windbreaks and shelterbelts of trees with an area of more than 0.5 ha and width of more than 20 m; plantations primarily used for forestry purposes, including rubberwood plantations and cork oak stands. Excludes: Land predominantly used for agricultural practices Source: FAO http://www.fao.org/docrep/006/ad665e/ad665e06.htm 2.7.2 Voluntary market The voluntary market has multiple standards to choose from. Professional help and advice may be needed to learn about the various standards of 61
Community guidelines for accessing forestry voluntary carbon markets the VCM, and decide which ones apply best to each specific situation. The Verified Carbon Standard (VCS) and the Climate, Community, and Biodiversity (CCB) standards are the standards most often used for forestry and land-use projects. The VCS was the standard of choice for most forestry VCM projects in 2010, accounting for a projected volume of 15.6 MtCO2e of carbon credits, which was more than half of the total volume that project developers committed to deliver that year. Furthermore, 25 projects reported using the CCB Standards in 2010, covering well over half of that year’s total market volume (see Figures 6 and 7). Figure 6: Verification standards market share 2010 Note: Projects must be verified under a carbon quantification standard in order to be issues verified offset credits. *Several projects reported contracting offsets and only applying the CCB Standards. CCB certification alone will not result in credit issuance. The label “CCB Alone” is solely intended to distinguish these transactions from those that have applied no standards at all. Source: Ecosystem Maketplace 62
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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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5 Project implementation: field wor
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6 Identifying, managing and quantif
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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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