March 2, 2023 – New research from Environmental Defense Fund finds that part of California’s forest carbon crediting program has overestimated the amount of carbon storage attributable to the program in one ecologically diverse region. The research , published February in Ecological Applications , offers new insights and opportunities for strengthening the integrity of temperate forest carbon credits by accounting for differences in forests’ geography and tree species composition. It builds on previous work that raised concerns about the risk of over-crediting in the first generation of forest carbon projects under the California program. "Using this research, we can continue to refine methodology to ensure that forest carbon credits truly represent carbon storage that goes beyond business-as-usual forest management,” says Nina Randazzo, an EDF postdoctoral fellow and the study’s lead author. Establishing a baseline In the California cap-and-trade carbon market, improved forest management (IFM) projects generate carbon credits if their carbon stocks are greater than a baseline, encouraging management that allows for greater carbon storage. This baseline is informed by an average of the carbon density of privately-owned forests in the same region and general forest type. However, these general forest types include a wide variety of environments and […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
