Description.

This methodology is designed to offer a new financing mechanism for conservation efforts worldwide. The methodology quantified net GHG emission removals (NERs) from project activities that conserve terrestrial habitats of significant biodiversity and/or ecosystem value. The methodology quantifies net removals of CO2 only.

Historically, the carbon markets have focused on degraded habitats that require climate finance to protect and restore them. Areas that require conservation but exhibit limited degradation or deforestation have been largely excluded from eligibility within the market. As a result, the conservation of these areas has typically been financed through donations or grants. This methodology has been designed to offer a new financing mechanism that quantifies real, conservative GHG removals, whilst embedding biodiversity monitoring and local community engagement.