Overview of Forestry Protocols

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Information about Overview of Forestry Protocols

Published on September 19, 2014

Author: TheClimateTrust

Source: slideshare.net


An introduction to the intersection of Forestry protocols and carbon markets.

• Mission: To provide expertise, financing, and inspiration to accelerate innovative climate solutions that endure • Carbon Asset Management – compliance and voluntary programs (OR, WA, MT, MA, CA, Colorado Carbon Fund, NW Natural Smart Energy) – $15.5M in 10 project sectors, focus on agriculture, forestry, and biogas • Climate Services • Policies & Standards

A bit of history… • The Climate Trust was founded in 1997 to acquire carbon offsets on behalf of new power plants regulated by the Oregon Carbon Dioxide Standard • Developed processes in house to evaluate and compare potential projects, quantify, verify, and register offsets  Oregon Standard – Deschutes Riparian Reforestation – Arlecho Creek Forest Preservation – Ecuadorian Rainforest Restoration

Lessons Learned: • By 2012, 98% of transacted forest carbon offsets certified to a project standard • Consolidated, standardized protocols reduce risks and costs for all participants; creating these and support infrastructure for customized expensive, complex • Standards and protocols need to be accurate, transparent, conservative, and practical • Quality matters • Scale and support infrastructure matter

Key takeaways: • Carbon projects work best when they fit overall land management goals. • Carbon projects need to make business sense: – Costs – Carbon offset volumes – Timing matters • Identifying a buyer willing to make a contractual commitment to purchase offsets at volume and terms sufficient to cover the costs of developing and maintaining the project is critical

Many commonalities across Standards, but differences matter • Project Start Date and timing of first and subsequent Verifications • Included carbon pools • Length of commitment, flexibility mechanisms • Forest Certification requirements • Treatment of Aggregation

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