The purpose of this guidebook is to assist project developers in evaluating and selecting those VCS approved methodology(ies) that are best suited to account for the greenhouse gas benefits of their proposed REDD project activities. It contains a summary of VCS requirements applicable to all REDD projects and a detailed review of those REDD methodologies approved under the VCS at the time of writing.
The following methodologies have been submitted to the VCS methodology approval process. The methodologies are posted on the VCS website for a 30-day public comment period, from 13 December 2011 through 12 January 2012.
Over the years, a number of our clients that first used compliance-grade offsets, namely Certified Emission Reductions (CERs), as part of their carbon management strategies have switched to voluntary offsets, or Verified Emission Reductions (VERs). VERs have become the instrument of choice for achieving voluntary emission reduction goals. This preference is reflected in the wider market as evidenced by the reducing share of CERs within the over the counter voluntary market.
SAN FRANCISCO and DURBAN, South Africa, Nov. 29, 2011 /PRNewswire via COMTEX/ -- Wildlife Works announced today the launch of CODE REDD, an emergency action campaign to save the world's wild forests using private sector financing within the Voluntary Carbon Market.
Voluntary carbon credits were created to reduce CO2 in countries without existing carbon “caps." But European corporates also like them, looking to invest in local projects that are not always kosher under Kyoto. This special report from Ecosystem Marketplace explores existing programs’ limited options and the creative approaches to domestic carbon reductions – and how Durban could change everything.
ROTTERDAM, THE NETHERLANDS (September 22, 2011) - Soon after registration of the first tropical Improved Forest Management project in threatened Orangutan habitat in Sabah, Borneo, Face the Future has registered yet another” first” of its kind forestry project under the Verified Carbon Standard. The project is located in the Kibale National Park in Uganda, home to one of the largest Chimpanzee populations in the world.
First tropical Improved Forest Management project, enabling revenue generation from forest rehabilitation.
Face the Future, a Dutch forest carbon project developer in cooperation with the Sabah Foundation, has registered the world’s first tropical Improved Forest Management project under the Verified Carbon Standard (VCS). The project, known as “Infapro”, is situated on 25.000 hectares of threatened Orangutan habitat in Sabah, Borneo.
In recent years, the voluntary over-the-counter (OTC) carbon market has reached a significant market volume. It is particularly interesting for forest mitigation projects which are either ineligible in important compliance markets or confronted with a plethora of technical and financial hurdles and lacking market demand. As the OTC market is not regulated, voluntary standards have been created to secure the social and environmental integrity of the traded mitigation projects and thus to ensure the quality of the resulting carbon credits.
New Delhi: Himachal Pradesh's efforts in fighting climate change have been rewarded with the UN registering its multi-crore carbon trading scheme that involves providing green cover to barren 4,000 hectares in the state.
Under this scheme, over 5000 families from remote and backward villages will receive carbon revenue for the next 20 years from the World Bank for providing green cover to several areas in across 10 districts which were declared deforested before 1990.
