Status

Methodology Idea Note

Sectoral Scope

14. Agriculture, forestry, and other land use (AFOLU)

Stage

Under Development

This tool supports the quantification of carbon storage in harvested wood products (HWP) across various AFOLU methodologies. This tool will provide criteria for relevant data sources, including species, conversion factors, wood products, product yields, uses, and end-of-life stages, ensuring consistency and accuracy in HWP carbon accounting. The purpose of this tool is to address the inconsistencies and outdated values currently used, promoting a more reliable and transparent approach to HWP carbon storage calculations. This tool is globally applicable and can be integrated into existing methodologies to enhance the credibility and integrity of carbon credits.

Summary of development

The methodology idea note was submitted by American Forest Foundation (external) and is currently at “Step 1: Methodology Idea Note Submission” of the VCS Methodology Development and Review Process (PDF).

Stakeholders interested in collaborating during methodology development or developing projects that this methodology might enable are encouraged to contact methodologies@verra.org. Please include the Methodology Development ID# M0314 in the subject line.