PACT Tropical Moist Forest Accreditation Methodology / Jun 2023
We have just published the Tropical Moist Forest v1.0 specification, which is a detailed description of the methodology we are using for counterfactual dynamic baselines to calculate the additionality, leakage and permanence behind REDD+ projects. I explained some of the background behind this in a seminar last year. This specification operationalizes the theoretical framework we developed for the Cambridge Center for Carbon Credits (4C), translating research into a practical methodology that can be applied to real-world forest conservation projects. It's a comprehensive document that lays out how to use satellite data and econometric techniques to establish what would have happened to a forest in the absence of a conservation project, which is crucial for determining whether carbon credits genuinely represent additional climate benefits.