This module allows for ex ante estimation of carbon stocks in the long-term wood products pool in the baseline case. Carbon stocks treated here are those stocks remaining in wood products after 100 years; the bulk of emissions associated with timber harvest, processing and waste, and eventual product retirement occur within this timeframe, and this module employs the simplifying assumption that the proportion remaining after 100 years is effectively “permanent.”
- New projects and projects that did not initiate the public comment period (i.e., that did not request pipeline listing under validation) before November 27, 2023, have until February 27, 2024, to do so using the previous versions of the methodology.
- Project proponents that have initiated or will initiate a public comment period before February 27, 2024, have until February 27, 2025, to complete validation with previous versions of the methodologies. If they complete validation by then, projects may continue to use these methodologies until they have to transition to the new REDD methodology or until their next baseline reassessment or crediting period renewal, whichever is the earliest.
- Projects validated with previous versions may continue to use these methodologies until they have to transition to the next methodology or until their next baseline reassessment or crediting period renewal, whichever is the earliest.
Development History
VMD0005 Estimation of carbon stocks in the long-term wood products pool (CP-W), v1.2 (PDF)
Status: Active since 27 November 2023
Summary of Changes:
- Update to the latest VCS methodology template
- Removal of references to VM0007
Developer: Verra
Dates of Public Consultation: N/A
Summary of Public Consultation: N/A
VVB Assessment Report: N/A
VMD0005 Estimation of carbon stocks in the long-term wood products pool (CP-W), v1.1 (PDF)
Status: Active 20 November 2012 to 27 November 2023
Summary of Changes:
- The module was updated to appropriately account for the decay of carbon harvested wood products pool and the following revisions were made:
- Equations 2 and 5 are revised so that only the wood waste fraction is immediately released.
- Equations 3 and 6 are revised to calculate the total amount of wood that is expected to be emitted over a 100-year timeframe which include both the short-term and medium-term portions.
Developer: Winrock International and TerraCarbon
Dates of Public Consultation: N/A
Summary of Public Consultation: N/A
VVB Assessment Report: N/A
VMD0005 Estimation of carbon stocks in the long-term wood products pool (CP-W), v1.0 (PDF)
Status: Active 3 December 2010 to 20 November 2012
Developer: Avoided Deforestation Partners
Dates of Public Consultation: 18 May 2009 to 16 June 2009
Summary of Public Consultation: N/A
VVB Assessment Report: VM0007, v1.0 First Assessment Report (PDF), VM0007, v1.0 Second Assessment Report (PDF)