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How will my carbon offset be sequestered and measured?
Your
offset will be sequestered through reforestation of degraded
slopes in the Sierra Gorda Biosphere Reserve. As the
trees grow they sequester carbon dioxide from the atmosphere
and convert it into the carbon in their leaves, branches,
trunk and roots. Approximately half of this biomass is
carbon. We used locally-generated growth models to
predict how much biomass will accumulate in each growing
reforestation and thus how much carbon it will sequester
over a 30 year period. Each year landowners carry out a
self-inspection measuring a sample of their growing trees,
and every five years Bosque Sustentable will carry out a
detailed monitoring to ensure that each reforestation is
sequestering carbon according to our projections. For
more information please see our
monitoring protocol.
Where will my offset be located?
Your
offset will be generated on a specific property or
properties within the Sierra Gorda Biosphere Reserve or its
areas of influence in eastern-central Mexico.
Once we have identified the property for your offset we will
send you the UTM coordinates so that you can view the
location on Google Maps. We will send you a
certificate including these coordinates as well as other
details about your offset.
What is the vintage of my offset?
In our estimates of the
carbon sequestration necessary to meet an offset commitment
we include all of the carbon that has been sequestered in
the reforestation since the date the trees were planted, as
well as all of the carbon that this reforestation will
sequester in the next 30 years. So your offset is a
combination of what is known as guaranteed carbon because it
has already been sequestered and measured, and part of the
offset would be considered ex-ante, meaning that the carbon
will be sequestered and verified in the future.
How will you guarantee the long-term success of my carbon
offset?
To
ensure that we meet our long-term commitment to your offset
we take several measures.
First, 20% of the total CO2 projected to
be sequestered in each reforestation is withheld as a
project self-insurance buffer. The CO2 in this buffer will
be used to compensate for any loss due to fire, plague or
any other unforeseen reasons for insufficient carbon capture
in any reforestation.
Secondly, the project utilizes
reforestations that are seldom contiguous and that are
located in different parts of the Reserve and its area of
influence. As a result, forest fires, tree diseases and
pests and local extreme weather events such as hurricanes
are unlikely to affect a significant proportion of the
project area.
Thirdly,
participants must enter into long-term (30-year) contracts
committing to management of their reforestations for carbon
sequestration. Payments are scheduled at regular intervals
throughout the 30-year project and are contingent upon
participants complying with management activities.
Contracts with participants specifically list vigilance of
reforestations as one of the required management activities
on the part of the participants and include requirements for
replanting in the case of unexpected tree loss. To
demonstrate long-term ownership of land, participants must
hold title to the land on which the reforestations are
located, obtain certificates of legitimate possession issued
by the corresponding municipality or, in the case of
community-owned lands, obtain official authorization from
the community’s governing entity.
Finally, the organizations of the Sierra
Gorda Consortium operate long-term successful programs of
enforcement of environmental laws and regulations as well as
environmental education with substantial community
involvement that have resulted in the elimination of
significant illegal logging in the area.
After the 30-year contracts with
landowners and landholders have expired, the lands will be
subject to forestry laws and regulations that only permit
clearing or harvesting within reforestations at sustainable
levels consistent with protecting the health of the
reforestations.
At the time of an
offset agreement landowners enter into a 30 year contract
with Bosque Sustentable agreeing to manage their
reforestations for optimum carbon sequestration (this
includes pruning, and periodic thinning to maximize tree
growth) as well as carrying out the necessary monitoring
activities.
Are Sierra Gorda Carbon Offsets additional?
Yes.
Our project meets the additionality requirements established
by the Clean Development Mechanism. The incentive from
planned sale of carbon offsets was seriously considered as
part of the project activity as evidenced by several
documents including the Reserve Management Program,
published in 1999, which includes carbon capture as an
activity, and The Potential of Carbon Sequestering Projects
in the Sierra Gorda Biosphere Reserve, East Central Mexico”,
D. Neil Bird and Roberto Pedraza Munoz, December 1997.
Further, through
a barrier analysis we have demonstrated that these lands
would not have been converted to forests without the
implementation of our project. Degraded soils and
subsistence agriculture would not allow forests to
regenerate naturally, and the landowners of the Reserve did
not have the financial resources or technical knowledge to
successfully plant and manage reforestations on their own.
For more information about these analyses please see our
Project Description Document.
How will my carbon offset donation be
invested?
The
landowner or landowners providing your offset will receive
60% of the total offset amount in payments to be made over
the course of 30 years (the period over which the carbon
will be sequestered). The landowner/s will receive
more concentrated payments during the early years, when the
reforestation requires the most work, and subsequent
payments will be made every five years.
Bosque
Sustentable will receive the other 40% of the total.
This money will be directly invested in the reforestation
project including personnel, transportation and equipment
costs for enrolling landholders in the program, providing
technical assistance to landholders for the establishment
and management of their plantations, conducting periodic
monitoring of the plantations and preparing monitoring
reports. Bosque Sustentable will also use carbon money
to finance periodic third-party certifications and
verifications, and to cover promotional and administrative
costs corresponding to the project.
What type of confirmation will we
obtain for our offset?
You will receive a certificate that
includes all of the important details of your offset
including the location of the reforestation, its extension
in hectares, and more. Click here to see an
example certificate.
Are Sierra Gorda Carbon Credits certified?
Our project is designed to meet the
highest voluntary carbon market standards. We are
currently preparing documentation to seek certification with
the standards set forth by the Climate, Community, and
Biodiversity Alliance. We expect to complete project
certification in the spring of 2009.
Are Sierra Gorda Carbon Credits verified?
The carbon
sequestered through our reforestation project is currently
internally verified by Bosque Sustentable, the local
forestry operator providing the carbon offsets. In
addition to yearly inspections made by the landowner,
forestry technicians from Bosque Sustentable carry out
detailed monitoring of the reforestation sites every five
years. This monitoring follows the steps outlined in
Márquez, 2000 (http://www.winrock.org/fnrm/files/fundacionsolar.pdf),
in accordance with the small-scale reforestation rules under
the Kyoto Protocol. We have recently signed a letter
of joint commitment with the Rainforest Alliance to carry
out external verification in the spring of 2009 using the
Voluntary Carbon Standard.
What is the price per ton?
Our price per ton is US $15 per ton of
CO2e.
How do we go about making the purchase?
Once you have
calculated how many tons of CO2 emissions you would like to
offset, send us an email. We will identify a
reforestation to provide your offset, and send you our bank
details so that you may make a transfer. When we have
received your deposit we will send you a certificate
outlining the details of your offset, as well as a
tax-deductible receipt.
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