Voluntary Carbon Markets for Agriculture, Forestry and Other Land Use
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Can voluntary carbon standards serve as blueprints for national and international carbon markets?
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Voluntary Carbon Markets for Agriculture, Forestry and Other Land Use
- 1. bioCarbon.net Voluntary Carbon Markets for AFOLU A blueprint for national and international carbon markets?
- 2. bioCarbon.net UNFCCC Article 2 GHG Stabilization Avoid dangerous interference Ecosystem adaptation Food production & sustainable economic development
- 4. bioCarbon.net AFOLU activities Measurement accuracy Chances for Permanence Social impact TA Cost Efficiency Mitigation Potential Soil C mgm’t High High Low Medium High Soil mgm’t non-CO2 GHGs Low High Low Low Medium Peatland restoration Low High Medium Low High Forest restoration Medium Medium High Medium High Agroforestry High High High Low Medium A/R (commercial) High High High High Medium - Low ADD Medium Low High Medium High
- 5. bioCarbon.net Performance of different standards 0 0.2 0.4 0.6 0.8 1 Carbon Safeguards & Co- Benefits Other factors VCS CCB GS • Carbon revenue structure • Transaction costs • ODA additionality • Scale considered • Project combinations
- 6. bioCarbon.net Criteria for stringency • Scale – Small – Large • Social impact potential – Change of current practice – Structural change • Type of regime – ODA – National voluntary market – International voluntary market – Linked international – National compliance – International compliance