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A Voluntary Carbon Standard for Peatland Rewetting and Conservation

A Voluntary Carbon Standard for Peatland Rewetting and Conservation. Igino Emmer Silvestrum. Why develop a standard?. No international standard specific for peat exists Global benchmark standard for voluntary carbon projects Founded by IETA, the WBCSD and the Climate Group

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A Voluntary Carbon Standard for Peatland Rewetting and Conservation

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  1. A Voluntary Carbon Standard forPeatland Rewetting and Conservation Igino Emmer Silvestrum

  2. Why develop a standard? • No international standard specific for peat exists • Global benchmark standard for voluntary carbon projects • Founded by IETA, the WBCSD and the Climate Group • Designed to be as robust as Kyoto Protocol’s Clean Development Mechanism (CDM), while attempting to reduce costs and bottlenecks • Real, additional, measurable, permanent, independently verified and unique offsets (VCUs) • VCS AFOLU includes ARR, ALM, IFM, REDD • Specific guidance for peat is needed

  3. Why a dedicated AFOLU peat standard? • No international standard specific for peat exists • Peat can represent a carbon pool in ARR, ALM, IFM and REDD, however • The soil carbon pool (peat) is large and potentially dominant vis à vis the other carbon pools • GHG emissions and carbon stock changes largely depend on hydrological conditions

  4. VCS PRC Peatland Rewetting and Conservation A new category in VCS AFOLU Expert group acts as a third party proposing a standard to the VCS

  5. VCS PRC: possible project activities • Peatland rewetting and conservation • ‘Rewetting’ implies the elevation of the average annual water table in drained peatland as a consequence of project activities resulting in reduced net GHG emissions • Additional activities in combination with rewetting and conservation • ARR, ALM, IFM, REDD on peatland • Peatland fire management

  6. Process • Drafting of PRC standard – independent expert group • Technical review by VCS ‘AFOLU steering committee’ and invited experts (now) • Public review • VCS Board decision • 2010

  7. Thank you Igino Emmer igino.emmer@silvestrum.com Manuel Estrada manuel.estrada@terracarbon.com Hans Joosten joosten@uni-greifswald.de

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