Carbon Finance at the World Bank: BioCarbon Fund

Combating rural poverty and stabilizing rural economies are among the biggest challenges facing developing countries. By expanding markets for emission reductions in agriculture, forestry, and other land uses, there will be an unprecedented opportunity for poor small-holder farmers all over the developing world.

Unfortunately, the share of such projects in the carbon market is very limited by the rules and regulations under the Kyoto Protocol.

The BioCarbon Fund and many other organizations continue to promote LULUCF with a similar objective: to demonstrate that these types of project activities are important to the growth of the carbon market, and that the current rules and regulations under the Kyoto Protocol and the EU ETS exclude a large portion of the developing world from gaining access to the carbon market.

Below is the beginning of a list of useful resources from organizations that promote LULUCF. If you would like to add your resource to the list, please send a request to the Carbon Finance Unit Helpdesk.

Carbon Sequestration and Biological Diversity

Secretariat of the Convention on Biological Diversity
Interlinkages between Biological Diversity and Climate Change: Advice on the Integration of Biodiversity Considerations into the Implementation of the United Nations Framework Convention on Climate Change and its Kyoto Protocol: http://www.biodiv.org/doc/publications/cbd-ts-10.pdf

General

TARAM (V1.2)
Tool for Afforestation and Reforestation Approved Methodologies, Developed by BioCF and CATIE
http://carbonfinance.org/Router.cfm?Page=BioCF&FID;=9708&ItemID;=9708&ft;=DocLib&CatalogID;=31252

World Agroforestry Centre - Tree Database
The Agroforestree (AFT) Database provides information on the management, use and ecology of a wide range of tree species which can be used in agroforestry.
Main site: http://www.worldagroforestry.org/Sites/TreeDBS/TreeDatabases.asp
Database: http://www.worldagroforestry.org/Sites/TreeDBS/aft.asp

International Tropical Timber Organization
Guidebook for the Formulation of Afforestation and Reforestation Projects under the Clean Development Mechanism, Technical Series 25 (2006)
http://carbonfinance.org/Router.cfm?Page=BioCF&FID;=9708&ItemID;=9708&ft;=DocLib&CatalogID;=30777

Joanneum Research—CarboInvent
Incentives for GHG mitigation activities in agriculture and forestry in Annex B countries http://www.joanneum.at/CarboInvent/otherdocuments.php

Do Recent Scientific Findings Undermine the Climate Benefits of Carbon Sequestration in Forests?
An Expert Review of Recent Studies on Methane Emissions and Water Tradeoff, April 2006 - Nicholas Institute for Environmental Policy Solutions http://www.env.duke.edu/institute/methanewater.pdf

Winrock International / BioCarbon Fund
LULUCF Sourcebook: This sourcebook is designed to be a guide for developing and implementing land use, land-use change and forestry (LULUCF) projects for the BioCarbon Fund of the World Bank that meet the requirements for the Clean Development Mechanism (CDM) of the Kyoto Protocol.
http://carbonfinance.org/Router.cfm?Page=BioCF&FID;=9708&ItemID;=9708&ft;=DocLib&CatalogID;=25802

IEA Bioenergy
A new publication: Key terms used in greenhouse gas reporting and accounting for the land use, land use change and forestry sector: www.joanneum.at/iea-bioenergy-task38/publications/keydefinitions.pdf

Joanneum Research
Answers to ten frequently asked questions about bioenergy, carbon sinks and their role in global climate change: http://www.joanneum.at/iea-bioenergy-task38/publications/faq/

Andre Gabus
Reflexions of a tropical forestry management expert on the exclusion of LULUCF credits from the EU ETS (in French): http://homepage.sunrise.ch/mysunrise/agabus/eff'endi/welcome.html

FAO: Land and Water Development Division
FAO provides useful on-line information on carbon sequestration, including in drylands: http://www.fao.org/ag/agl/agll/carbonsequestration/documents.stm

Market

Guidebook to Markets and Commercialization of Forestry CDM projects
The guidebook to markets and commercialization of forestry CDM projects provides an overview of forestry CDM projects, a description of the carbon markets, and it gives recommendations to the project developer: http://www.proyectoforma.com/Documentos/GuidebooktoMarketsandCommercializationofCDMforestryProjects.pdf

The United Kingdom Parliament
Earl Peel's speech on the role of forests in the carbon market http://www.publications.parliament.uk/pa/ld199900/ldhansrd/pdvn/lds05/text/51013-18.htm#51013-18_spnew1

The CarbonNeutral Company
One of the retail buyers of LULUCF credits: http://www.carbonneutral.com/pages/Whatweinvestin.asp?l=Forestry#Forestry

EcoSecurities
Call for AR CDM Project Proposals: http://www.ecosecurities.com

The Katoomba Group's Ecosystem Marketplace
The leading source of information on markets and payment schemes for ecosystem services: http://www.ecosystemmarketplace.com/

Methodologies

UNFCCC CDM Website
Clarifications Regarding Methodologies for Afforestation and Reforestation CDM Project Activities: http://cdm.unfccc.int/EB/Meetings/022/eb22_repan15.pdf

UNFCCC CDM Website
Proposed New Baseline and Monitoring Methodologies for A/R: http://cdm.unfccc.int/Reference/Documents/cdm_ar_nm/English/CDM_AR_NM.doc

UNFCCC CDM Website (Simplified A/R Methodologies)
Simplified Baseline and Monitoring Methodologies for Selected A/R Small-Scale CDM Project Activity Categories: http://cdm.unfccc.int/Panels/ar/ARWG05_repan1_simplified%20AR_SSC_meths.pdf

UNFCCC CDM Website (A/R Methodologies)
The CDM site on A/R baseline and monitoring methodologies submitted and/or approved: http://cdm.unfccc.int/methodologies/ARmethodologies

UNFCCC CDM Website
Additionality Tool for A/R projects: http://cdm.unfccc.int/EB/Meetings/021/eb21repan16.pdf

Winrock International
Winrock International's program on carbon measurements and monitoring: http://www.winrock.org/what/ecosystem.cfm

ENCOFOR
Environment and community based framework for designing afforestation, reforestation and revegetation projects in the CDM: methodology development and case studies: http://www.joanneum.at/encofor/

Other Organizations' Project Information

The Plan Vivo System: Carbon management and rural livelihoods
This webpage includes information about Scolel Te project in Mexico and Gorongosa project in Mozambique: http://www.planvivo.org/projects/projects.html

The Nature Conservancy (TNC)
Page 3 of this webpage has some details about carbon measurements, etc. in the TNC project sponsored by General Motors in Brazil: http://nature.org/wherewework/southamerica/brazil/resources/

Conservation International (CI)
Conservation carbon projects at CI in Brazil, Ecuador, Madagascar: http://www.celb.org/xp/CELB/programs/climate/conservation_carbon.xml

TIST: The International Small Group and Tree Planting Program
TIST program in Tanzania, Kenya, Uganda, and India: http://www.tist.org/tist/projects.php

India Andhra Pradesh Community Carbon Offset Program
Project working with women's organizations planting Pongomia trees to produce vegetable oil for energy purposes: http://www.wicec.org/index.asp?page=34

World Resources Institute (WRI)
Various projects catalogued by WRI: http://climate.wri.org/sequestration.cfm

FAO: Land and Water Development Division
Review of carbon sequestration projects by FAO: ftp://ftp.fao.org/agl/agll/docs/misc37e.pdf

The Near East Foundation
UNDP rangeland rehabilitation in Sudan: http://www.neareast.org/main/news/article.aspx?id=199

Virginia Tech: Office of International Research, Education, and Development
Project financed by Virginia Tech University testing a protocol that uses NASA satellite information to assess carbon stock changes attributable to community-based agriculture and natural resource management decisions in Mali: http://www.oired.vt.edu/resanddev/projects/carbon.htm

Regulatory Context

UNFCCC CDM Website
In accordance with the revised guidelines for completing CDM-AR-PDD and CDM-AR-NM, agreed by the CDM Executive Board at its last meeting, the respective forms CDM-AR-PDD and CDM-AR-NM, have been modified and posted on the UNFCCC CDM web site at the 'documents section': http://cdm.unfccc.int/Reference/Documents

UNFCCC CDM Website
Revision to be Incorporated in the Guidelines for Completing the Project Design Document for Afforestation and Reforestation Project Activities (CDM AR PDD): http://cdm.unfccc.int/EB/Meetings/022/eb22_repan14.pdf

UNFCCC CDM Website
Procedures to Define the Eligibility Of Lands for Afforestation and Reforestation Project Activities: http://cdm.unfccc.int/EB/Meetings/022/eb22_repan16.pdf

UNFCCC CDM Website
A/R Working Group: http://cdm.unfccc.int/Panels/ar

UNFCCC CDM Website
The CoP9 Decision text on Afforestation/Reforestation projects in the CDM, plus guidance on how to prepare a CDM A/R Project: http://cdm.unfccc.int/methodologies/ARmethodologies/Reference/Documents

UNFCCC CDM Website
Forest definitions submitted by countries to the UNFCCC Secretariat: http://cdm.unfccc.int/DNA/allCountriesARInfos.html

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