Accounting, Monitoring and Verification Issues A Project Perspective

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Accounting, Monitoring and Verification IssuesA
Project Perspective

• Forest Carbon Management Workshop 4
• Montreal, Feb 2002

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Overview

• Fit with the National Inventory
• Competitiveness
• Uncertainty
• Reforestation
• Harvest and Losses
• Project versus Entity

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National Inventory
ALL GHGs
LULUCF
LULUCFProjects
LULUCFProjects
Not to Scale
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Uncertainty

• Emissions 2 - 5
• LULUCF 50
• more accurate
• better models
• higher monitoring costs
• trade with certainty
• means less verification costs but less to trade

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Example - Noel Kempff, Bolivia
Total Cost 1.9 M Total GHGs 55 Mt
CO2e Cost 0.03 / tCO2e
IPCC (2000) Land use, land-use change and forestry
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Competitiveness

• CDM Projects
• poor existing data and inventories
• costs 0.10 - 0.15 / t CO2e
• Domestic Projects
• good existing data and inventories
• modelling more accurate

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Reforestation

• Yield curves
• merchantable volume
• expansion factors
• Allometric equations
• Age
• Litter
• Soil

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Reforestation Example
Hybrid Poplar
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Harvest

• Biomass
• averaging
• banking
• tonne-years
• Wood products

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Without Wood Products
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Wood Products
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Management

• Commercial thinning
• Changes in rotation length
• Fire suppression
• Increased recycling
• Increased slash use
• Pest suppression
• Pre-commercial thinning

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Entity Level
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Conclusion

• Inter-inventory versus Extra-inventory
• Cost versus Accuracy
• Real-time versus Smoothing
• banking, borrowing, averaging, tonne-years
• Wood products
• Project versus Entity