The following report focuses on the , which establishes requirements for sequestering carbon and managing forest health. Overview of Forestry Protocol v 3.0
: Deforestation and degradation currently drive up to 20% of global anthropogenic emissions.
: Restoring tree cover on land that has been historically under-stocked. Forestry Pack v 3.0
: In 2021, the average price for forest carbon credits ranged from $4.70 to $15 per ton of CO2. 3. Management and Protection Challenges
: Activities that increase carbon stocks on land already designated as forest. The following report focuses on the , which
Forests act as both emitters and sinks of carbon. Through photosynthesis, trees absorb CO2 and store it as biomass.
A "Forest Project" under this version is defined as a planned set of activities designed to increase CO2 removals or prevent emissions by conserving forest carbon stocks. : In 2021, the average price for forest
The primary goal of this protocol is to provide a rigorous framework for quantifying the net climate benefits of activities that sequester carbon on forestland. It serves as a guide for project eligibility, calculation methods for greenhouse gas (GHG) reductions, and monitoring requirements.