the verified carbon standard: scaling up mrv
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The Verified Carbon Standard: Scaling up MRV
Naomi Swickard, AFOLU Manager19 May 2011
REDD-plus after Cancun: Moving from Negotiation to Implementation Hanoi, Vietnam
Overview
1) The Verified Carbon Standard2) VCS Agriculture, Forestry and
Other Land Use (AFOLU) Methodologies MRV
3) Jurisdictional and Nested REDD MRV
The Verified Carbon Standard (VCS)• Established by leading NGOs (IETA, WBCSD, The Climate Group,
WEF) to provide a rigorous, trustworthy and innovative global standard and validation and verification program for GHG offsets
• Managed by the VCS Association Non-profit headquartered in Washington, DC Single focus: to develop and manage the platform (i.e., no
consulting, no meth development, no validation/verification, no project development)
Funded through VCU levy and foundation grants• AFOLU Steering Committee largely credited with bringing in
land-based activities into the carbon market
VCS Projects
• Registered projects • Over 600 Registered Projects (12 AFOLU projects)• Registered AFOLU projects in Kenya, Tanzania, Colombia,
Guatemala and Australia • Volumes
• Over 56 million VCUs issued (over 2.1 million from AFOLU)• 450 projects have issued VCUs
• AFOLU pooled buffer account holds ~512,000 buffer credits• Projects under development
• Dozens of AFOLU projects under development in Indonesia, Lao PDR, Cambodia, Brazil, Peru, Panama, Chile, Ecuador, Mexico, DRC, South Africa, Kenya, and many more...
AFOLU Requirements
• ARR• Afforestation, Reforestation and
Revegetation• ALM
• Agricultural Land Management• IFM
• Improved Forest Management• REDD
• Reduced Emissions from Deforestation and Degradation • PRC
• Peatland Rewetting and Conservation• Rewetting of drained peatland; conservation of undrained or
partially drained peatland
VCS AFOLU Key Components
• Key components AFOLU Requirements include robust approaches to:
– Permanence: Risk Assessment and AFOLU Pooled Buffer Account
– Leakage: Activity shifting and market leakage must be minimized and accounted for– Updated leakage requirements to be released for
public comment May 2011 and adopted mid 2011 Most int’l developers are adding CCBS to VCS validations to
demonstrate social and environmental co-benefits (VCU tag)
VCS Methodologies• 15 approved VCS methodologies (9 AFOLU)
• Improved Forest Management (IFM) (5)• Reduced Emissions from Forest Degradation and Deforestation (REDD)
(4)• Mosaic• Planned and Unplanned Deforestation• Degradation• On peatland
• 17 methodologies under development (9 AFOLU)• Soil carbon
• Reduction of N2O fertilizer application• Improved grassland grazing and fire management
• Rice cultivation management systems• Reduction of CH4
MRV: Project Level• Monitoring requirements
Methodologies set out:• Data and parameters to be monitored• Criteria and procedures for project monitoring plan, including:
• Procedures for estimation, modelling or calculation of C stocks and stock change
• Procedures for managing data• Monitoring frequency
• Validation and Verification Conducted by accredited independent 3rd party auditors
• Registration (reporting) Projects required to register with one of 3 VCS registries (NYSE Blue, CDC, Markit) Public documents: project description, monitoring report, validation and verification
reports, representations, GPS coordinates
3) Jurisdictional and Nested REDD Initiative
REDD Readiness
Individual REDD Projects Δ
ΔΔΔ Δ Bottom Up
?
Top Down
VCS Initiative• CLUA funding• Good practice and VCS
Criteria for:• Jurisdictional
programs• Jurisdictional
baselines• Crediting at different
scales
Jurisdiction-Level Programs
Jurisdictional and Nested REDD• Objectives
Establish Good Practice Guidance for nesting of project activities within REDD programs at the jurisdiction (region, state, province, country) level
Establish VCS criteria to enable crediting to VCS REDD projects and jurisdictional programs
Establish VCS criteria for the creation/use of jurisdictional baselines• Process
Establishment of Advisory Committee and Technical Experts groups, include representatives from Indonesia, Ethiopia, Brazil, Mexico, Australia, UK, USA, Colombia, France, DRC, Costa Rica, Peru, Ecuador and several others
Peer review and public consultations• Timing: Expected late 2011 or early 2012
MRV: Jurisdictional and Nested REDD• Scope
RED, REDD, REDD+? Jurisdiction vs. project
• Monitoring requirements What is required, who should do it, how often? MRV at different scales (national, subnational, project)
• Verification What is required, who should do it, how often?
• Registration (reporting) Registration of jurisdictional programs, jurisdictional baselines National/Jurisdictional registries
Thank you
Naomi SwickardAFOLU Managernswickard@v-c-s.orgBangkok, ThailandMobile +66 (0) 87 980 9220 Office +1 202 657 4767
VCS Association1730 Rhode Island Avenue, NWSuite 803Washington, DC 20036www.v-c-s.org
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