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Climate Action Reserve opens Mexico Forest Protocol for stakeholder review

July 31, 2013 by California Carbon

Climate Connect, London: The Climate Action Reserve has opened the Mexico Forest Protocol for stakeholder review and comment paving way for a possible supply of forestry carbon offsets to the compliance entities under California cap-and-trade scheme.

The Climate Action Reserve (Reserve) has been developing a Mexico Forest Protocol for over two years with a diverse set of stakeholders, including government agencies, nonprofit organizations, private sector, and landowners, both in the United States and in Mexico.

The protocol underwent a public comment period in January 2011 and the Reserve has responded to comments and made substantial modifications to the protocol based on stakeholder feedback. Some of the important changes from the first draft version include:

  • Guidance for crediting avoided emissions has been removed from the current draft. This is consistent with the evolution of thinking in Mexico associated with REDD+ activities. The protocol provides standardized guidance for carbon enhancement projects within a REDD+ framework and addresses eligibility, baseline, inventory, permanence, social and environmental safeguards, and MRV requirements. Communal lands and private ownerships are eligible to develop projects. The approach to baseline enables varied sequestration activities to be credited under one project, including improved forest management, reforestation, and agroforestry.
  • Environmental and social safeguards have been added directly into the protocol. Rather than relying on third-party criteria to define safeguards, the Reserve will require, monitor, and verify a set of safeguards that have been vetted by stakeholders.
  • The approach to permanence has been modified to account for the temporal value of the project activity.

Currently, the California Air Resources Board has approved US Forest Protocol under the state’s cap-and-trade scheme.

The comment period is open till 27 August 2013.

Author: Climate Connect Limited

For more information about this article, contact: info@climate-connect.com

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