Today the TERO.003 – Carbon Stock in Forests Methodology, Version 1.0, was launched. Now, after the public consultation period and review of the comments arising from it, it is ready to receive projects.
About TERO.003 Methodology
The TERO.003 – Carbon Stock in Forests methodology, aimed at the Amazon biome, innovates by generating two environmental assets: Verified Carbon Stock and Verified Carbon Credit, both equivalent to one ton of carbon dioxide (tCO2e). Projects that adopt it have an unlimited commitment, renewable upon communication to the certifier.
The assets are generated by preserving and increasing biomass stocks in forest areas, encouraging practices that keep forests standing. The renewal of the Verified Carbon Stock is subject to periodic verification, with the possibility of generating additional Verified Carbon Credits.
The methodology, within the concept of Payment for Environmental Serviceshttps://en.wikipedia.org/wiki/Ecosystem_service (PSA), has the co-benefit of maintaining and preserving biodiversity and water resources. Forestry activities are also accepted as a way of enriching carbon stocks.
Tero Carbon is a digital certifier of carbon credits and stocks. Created in Manaus, in 2022, the company uses exclusive methodologies, focused on the Brazilian reality and which follow the technical guidelines of the Intergovernmental Panel on Climate Change (IPCC), in addition to being the first in the segment with genuinely Amazonian DNA. Its technical staff has more than 15 years of experience in developing forest carbon projects in the Amazon, with expertise in the region’s logistics and social aspects of traditional communities. The certifier uses blockchain technology to provide security, reliability and traceability to the environmental asset certification process and has the support of renowned institutions in the sector, including: Business Incubator of the National Institute of Amazon Research (IE-INPA) , an entity linked to the Ministry of Science, Technology and Innovation, the National Federation of Industries of the State of the Amazon (FIEAM) and the venture builder VB92 Launch Hub.
Today we are pleased to announce the first certification carried out by Tero Carbon. The Aruanã Project, in addition to being certified based on the TERO.001 – REDD+ methodology, was verified, generating environmental assets (verified carbon credits).
In total, 2,240,307 tCO2e (tons of carbon dioxide equivalent) were recorded, enough to eliminate emissions from a population estimated at 320,000 people. The project concerns a property with a total area of 12 thousand hectares, located in the municipality of Itacoatiara, in Amazonas, belonging to Agropecuária Aruanã.
The generation of these carbon credits refers to a period of 41 years, from January 1980 to December 2020. The project included the generation of environmental assets from two forms: Avoided Emissions (related to the waiver of the right to deforest, according to the Current Forest Code) and Removed Emissions (related to the reforestation of degraded areas).
The verification innovates by generating NFT-type digital certificates (Non Fungible Tokens), which were made available on the OpenSea, platform, where interested parties can find the main public information related to the project and its transactions. For registration, Tero Carbon also used the public Blockchain Polygon network, giving operations a unique identity and thus avoiding problems such as double counting.
Agropecuária Aruanã began its activities in 1969. The initial objective was to deforest 50% of the area, as permitted by the current Forest Code, for transformation into pastures. In 1975, after transforming just over 1 thousand hectares of forests into pastures, the owners of the area voluntarily decided to stop livestock farming and begin a process of reforestation of native species. Currently, the property has the largest chestnut reforestation area in the Amazon, with approximately 1,400 hectares of plantations. In addition to generating direct and indirect jobs for the surrounding communities with the chestnut harvest, the property also maintains the Instituto Excelsa, which produces and distributes seedlings to farming families in the Amazon.
About Aruanã Project
The Aruanã project is the first verified by the Brazilian certification company Tero Carbon, which uses methodologies specially developed for the national reality. The CEO of Tero Carbon, Francisco Higuchi, PhD in Ecology and Tropical Forest Management (UFPR/INPA/ FFPRI Japan) and who has more than 15 years of experience in forestry projects and carbon estimation in the Amazon, argues that Aruanã is a success story among projects classified as REDD+ (Reducing Emissions from Deforestation and Forest Degradation, including the conservation and increase of carbon stocks).
“The initiative brings together important environmental, but also social and economic issues. The owners understand that they are part of the ecosystem and that managing the area generates ecological, social and economic benefits and impacts”.
Francisco Higuchi, Tero Carbon’s CEO
About Tero Carbon
Tero Carbon is a digital certifier of carbon credits and stocks. Created in Manaus, in 2022, the company uses exclusive methodologies, focused on the Brazilian reality and which follow the technical guidelines of the Intergovernmental Panel on Climate Change (IPCC), in addition to being the first in the segment with genuinely Amazonian DNA. Its technical staff has more than 15 years of experience in developing forest carbon projects in the Amazon, with expertise in the region’s logistics and social aspects of traditional communities. The certifier uses blockchain technology to provide security, reliability and traceability to the environmental asset certification process and has the support of renowned institutions in the sector, including: Business Incubator of the National Institute of Amazon Research (IE-INPA) , an entity linked to the Ministry of Science, Technology and Innovation, the National Federation of Industries of the State of the Amazon (FIEAM) and the venture builder VB92 Launch Hub.
Public Consultation on the Methodology TERO.004 – Carbon Stock in Agrosilvopastoral System is open!
TERO.004 – Carbon Stock in Agrosilvopastoral System is an innovative methodology that, in this first version, is aimed at Coffee cultivation throughout the Brazilian biome. It aims to generate two environmental assets: Verified Carbon Stock and Verified Carbon Credit, both equivalent to one ton of carbon dioxide (tCO2e).
The project commitment period is unlimited and can be defined later.
Environmental Preservation
The TERO.004 methodology promotes the maintenance, conservation and preservation of carbon stocks in agroforestry cropping systems throughout the Brazilian territory. The objective is to encourage projects that contribute to the mitigation of climate change, rewarding farmers who work to preserve the environment.
Renewal and Co-Benefits
Projects can renew their Verified Carbon Stock by submitting a new Sample Forest Inventory (SFI) and verification by Tero Carbon and independent audit. If there is an increase in carbon stocks, additional Verified Carbon Credits will be generated.
In addition to contributing to the mitigation of climate change, the methodology promotes the conservation of biome biodiversity and sustainable development. Forestry is also accepted as a means of enriching biomass stocks.
Participate in the Public Consultation
The public consultation of the methodology TERO.004 – Carbon Stock in Agrosilvopastoral System is open! Send your suggestions and comments by 11:59 pm on 12/06/2023 using our form available on the Public Consultation page.
Below is the scheduled schedule for this consultation:
06/11/2023 to 05/12/2023 – Online form available for sending comments and suggestions about the TERO.004 – Carbon Stock in Agroforestry System Methodology.
12/06/2023 to 12/29/2023 – Analysis of all contributions from the public form.
TBD – Online seminar to present the overview of the TERO.004 – Carbon Stock in Agrosilvopastoral System Methodology and also interact with the public.
About Tero Carbon
Tero Carbon is a digital certifier of environmental assets, credit and carbon stock. We work with exclusive methodologies, developed by partner institutions, which were submitted and approved in a Public Consultation instrument.
We have developed an independent process for certifying carbon projects and verifying environmental assets, supported by a technological platform developed to accelerate these processes. We issue certificates for the generation, transfer and retirement of carbon credits using Blockchain technology to ensure security, transparency and traceability of assets.
We share and support best market practices to deliver a quality asset, supported by eligibility criteria and socio-environmental safeguards, in accordance with best market practices, such as those established by the Intergovernmental Panel on Climate Change (IPCC) of the United Nations (UN) and the Core Carbon Principles. We are a certifying entity for the Amazon and Brazil.
Public Consultation of the Methodology TERO.003 – Carbon Stock in Forests is open!
TERO.003 – Carbon Stock in Forests is an Agriculture, Forests and Land Use (AFOLU) methodology, in this first version, focused on the Amazon Biome. It brings as an innovation the generation of two environmental assets: (a) Verified Carbon Stock and (b) Verified Carbon Credit, both represented by one ton of carbon dioxide equivalent (tCO2e). The commitment period for projects that opt for this methodology is unlimited and can be renewed periodically, upon communication to the certifier and the market.
Assets are generated through the preservation and increase of biomass stocks in all forest areas on rural properties, including the Legal Reserve (RL) and Permanent Preservation Areas (APPs). The objective is to encourage activities that keep the forest standing, generating assets (credit and carbon stock) that benefit rural owners who demonstrate their contribution to mitigating climate change.
The Verified Carbon Stock of the project area may be renewed periodically through the new submission of the Sample Forest Inventory (IFA) and its verification, carried out by Tero Carbon and an independent audit. If an increase in carbon stocks in the forest is found, a Verified Carbon Credit will also be generated in the amount exceeding the maximum stock previously measured.
The methodology, within the concept of Payment for Environmental Services (PSA), has the co-benefit of maintaining and preserving biodiversity and water resources. Forestry activities are also accepted as a way of enriching carbon stocks.
Public Consultation of the Methodology TERO.003 – Carbon Stock in Forests is open
Send suggestions and comments by 11/30/2023 using our form available on the Public Consultation page.
11/01/2023 to 11/30/2023 – Online form available for sending comments and suggestions about the TERO.003 – Carbon Stock in Forests Methodology;
12/01/2023 to 12/15/2023 – Analysis of all contributions from the public form;
TBD – Online seminar to present the overview of the TERO.003 – Carbon Stock in Forests Methodology and also interact with the public.
About Tero Carbon
Tero Carbon is a digital certifier of environmental assets, credit and carbon stock. We work with exclusive methodologies, developed by partner institutions, which were submitted and approved in a Public Consultation instrument.
We have developed an independent process for certifying carbon projects and verifying environmental assets, supported by a technological platform developed to accelerate these processes. We issue certificates for the generation, transfer and retirement of carbon credits using Blockchain technology to ensure security, transparency and traceability of assets.
We share and support best market practices to deliver a quality asset, supported by eligibility criteria and socio-environmental safeguards, in accordance with best market practices, such as those established by the Intergovernmental Panel on Climate Change (IPCC) of the United Nations (UN) and the Core Carbon Principles. We are a certifying entity for the Amazon and Brazil.
A year ago, we launched ourselves on the market as a digital certifier of carbon credits and stocks. During this period, we guarantee the fulfillment of our mission in the market: We unite our own methodologies, developed for the reality of the Amazon and Brazil, with technologies that simplify project registration, providing transparency and security in asset transactions.
Our actions speak louder than words; – construction moments in the office, at events, immersed in the Amazon, carrying out public consultations. We are fully convinced that, just as the voluntary carbon market has progressed, we, as a certifier, share the same objective!
We thank everyone who was part of this first year and we extend a warm welcome to our second year! With the authentic essence of the Amazon and Brazil!
Yours sincerely, Tero Carbon Team
About Tero Carbon
Tero Carbon is a digital certifier of carbon credit and stock that has its own methodologies for generating certified quality environmental assets, such as Carbon Credit and Carbon Stock.
We have developed a platform that, in addition to facilitating the registration and certification process, uses Blockchain technology to generate issue, transfer and retirement certificates (NFT), providing greater transparency, traceability and avoiding double counting.
Tero Carbon is a Brazilian certifier, located in Manaus, Amazonas, in the middle of the Amazon Forest. We are very proud to be supported and guaranteed by the Federation of Industries of the Federação das Indústrias do Estado do Amazonas (FIEAM), which shares the mission of contributing to the economic development of the region, now also through a carbon market.
We invite you to participate in our online seminar: TERO.002 Methodology – REDD v1.0.
During the event, our CEO, Francisco Higuchi, will give a detailed presentation of the TERO.002 Methodology – REDD v1.0, which focuses on reducing greenhouse gas emissions through Avoided Planned Deforestation (APD). Our approach prioritizes environmental impacts and the preservation of biodiversity and forests. In addition, we will address eligible rural properties, including both public and private properties with natural forests.
Online seminar on the TERO.002 – REDD Methodology
Participate with us in this important moment for the sector and help us spread this essential knowledge. Join us on 8/23 at 2pm (Brasília Time) for our Online Seminar via the content link in the button below:
Tero Carbon is a digital certifier of carbon credit and stock that has its own methodologies for generating certified quality environmental assets, such as Carbon Credit and Carbon Stock.
We have developed a platform that, in addition to facilitating the registration and certification process, uses Blockchain technology to generate issue, transfer and retirement certificates (NFT), providing greater transparency, traceability and avoiding double counting.
Tero Carbon is a Brazilian certifier, located in Manaus, Amazonas, in the middle of the Amazon Forest. We are very proud to be supported and guaranteed by the Federation of Industries of the Federação das Indústrias do Estado do Amazonas (FIEAM), which shares the mission of contributing to the economic development of the region, now also through a carbon market.
