Climate Action Reserve revises Forest offset protocol, clears way for forest industry to enter carbon markets
In California, the Climate Action Reserve announced Forest Project Protocol version 3.0, for forest offset projects. The protocol opens the door for forest-related offset projects to be included in efforts across the US to mitigate climate change.
By adopting this new protocol, the Reserve has cleared the way for forest offset projects to enter the US carbon market. The protocol is for three types of forest projects: improved forest management practices, reforestation and avoided conversion to other uses. The previous version had been adopted in September 2007 by the Reserve Board and in November 2007 by the California Air Resources Board.
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