Public ConsultationTERO.003 - CARBON STOCK IN FORESTS METHODOLOGY
Steps to follow
All certification has as one of its main pillars the clarity of the rules, transparency of its processes and the engagement of society in the discussion of issues related to its methodologies.
The steps described are the roadmap to follow to meet all criteria and reach completion of version 1.0.
- 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 à 12/15/2023 – Analysis of all contributions coming from the public form;
- 01/24/204 (2pm Brasília) – Online seminar to present an overview of the TERO.003 – Carbon Stock in Forests Methodology and also interact with the public.
TERO.003 – Carbon Stock in Forests
AFOLU, Carbon Stock
- Verified Carbon Stock (tCO2e)
- Verified Carbon Credit (tCO2e)
11/01/2023 to 11/30/2023
A 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.
Send your contributions to improve the TERO.003 – Carbon Stock in Forests methodology through one of our contact channels.