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The Rimba Raya Biodiversity Reserve REDD Project

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CL1.5. Double Counting of Emissions ReductionsSpecify how double counting of GHG emissions reductions or removalswill be avoided, particularly for offsets sold on the voluntary market andgenerated in a country with an emissions cap.On 1 May 2009, the Indonesian Minister of Forestry promulgatedthe Minister of Forestry Regulation P.30/2009 on Procedures forReducing Emissions from Deforestation and Forest Degradation(<strong>REDD</strong>). This regulation created the world’s first legal frameworkfor the implementation and management of <strong>REDD</strong> projects and<strong>REDD</strong>-­‐generated carbon credits. <strong>The</strong> Indonesian governmentdeveloped this regulation in anticipation of the inclusion into thepost-­‐Kyoto protocol of a mechanism that would allow for thetrading of carbon credits generated from <strong>REDD</strong> projects. Whilenegotiations for the successor to the Kyoto Protocol are notcomplete, it is possible – although not definite – that there will bean accounting of <strong>REDD</strong>-­‐generated carbon offsets in the nextglobal carbon-­‐trading protocol.At present, InfiniteEARTH intends to certify all emissionsreductions according to the Voluntary Carbon Standard GHGaccounting protocol, and all carbon credits will be registered withthe VCS registry.Nonetheless, bearing in mind the uncertainty surrounding thefuture of <strong>REDD</strong> regulation, InfiniteEARTH has developed astrategy that will prevent the double counting of carbon. <strong>The</strong>accompanying diagram illustrates InfiniteEARTH’s response toanticipated scenarios:Figure 46. InfiniteEARTH Double Counting Scenario Planning210

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