How more carbon credits exist than
what is necessary
What the baseline represents:
The baseline represents the deforestation and/or degradation that would have
happened without the carbon crediting programme.
To understand it better, let’s imagine that...
In 2023,
By 2030,
there is 1 acre of forest.
this is the predicted amount of forest left, caused by deforestation, without a REDD+ project.
Using this amount of forest lost, the number of carbon credits are calculated:
This amount of forest = 100 tonnes of CO2e
100 tonnes of CO2e = 100 carbon credits
Let's say, in this scenario, this project generates 100 carbon credits for sale.
Legend:
1 square
= 1 carbon credit
This baseline calculation is often predicted using historical data.
However, current deforestation rates are likely to be different, due to the
modern economic, political, and social climate, as well as conservation
and preservation efforts.
This means that in reality...
In 2023,
By 2030,
this is how much forest will actually be left, without a REDD+ project.
there is 1 acre of forest.
= difference between predicted baseline
In reality, the project only requires
50 carbon credits.
That means, there are 100-50=50 credits that are essentially worthless.
This means that some companies purchased carbon credits that are worthless, or do not actually do anything for the environment.
What’s the alternative?
A more suitable baseline calculation method would be to use actual
deforestation rates in a few control plots, looking backwards in time over the
reporting period, rather than immediately predicting baselines prior to the start
of the project.
How more carbon credits
exist than what is necessary
What the baseline represents:
The baseline represents the
deforestation and/or
degradation that would have
happened without the carbon
crediting programme.
To understand it better,
let’s imagine that...
By 2030,
In 2023,
this is the predicted amount of forest left, caused by deforestation, without a REDD+ project.
there is 1 acre of forest.
Legend:
1 square
= 1 carbon credit
Using this amount of forest lost, the number of carbon credits are calculated:
This amount of forest = 100 tonnes of CO2e
100 tonnes of CO2e = 100 carbon credits
Let's say, in this scenario, this project generates 100 carbon credits for sale.
This baseline calculation is often
predicted using historical data.
However, current deforestation
rates are likely to be different,
due to the modern economic,
political, and social climate, as
well as conservation and
preservation efforts.
This means that in reality...
= difference between predicted baseline
By 2030,
In 2023,
this is how much forest will actually be left, without a REDD+ project.
there is 1 acre of forest.
In reality, the project only requires 50 carbon credits.
That means, there are 100-50=50 credits that are essentially worthless.
This means that some companies purchased carbon credits that are worthless, or do not actually do anything for the environment.
What’s the alternative?
A more suitable baseline
calculation method would be
to use actual deforestation
rates in a few control plots,
looking backwards in time
over the reporting period,
rather than immediately
predicting baselines prior to
the start of the project.
How more carbon credits exist than
what is necessary
What the baseline represents:
The baseline represents the deforestation and/or
degradation that would have happened without the
carbon crediting programme.
To understand it better, let’s imagine that...
By 2030,
In 2023,
there is 1 acre of forest.
this is the predicted amount of forest left, caused by deforestation, without a REDD+ project.
Legend:
1 square
= 1 carbon credit
Using this amount of forest lost, the number of carbon credits are calculated:
This amount of forest = 100 tonnes of CO2e
100 tonnes of CO2e = 100 carbon credits
Let's say, in this scenario, this project generates 100 carbon credits for sale.
This baseline calculation is often predicted using historical data.
However, current deforestation rates are likely to be different, due to the modern economic, political, and social climate, as well as conservation and preservation efforts.
This means that in reality...
In 2023,
By 2030,
there is 1 acre of forest.
this is how much forest will actually be left, without a REDD+ project.
= difference between predicted baseline
In reality, the project only requires 50 carbon credits.
That means, there are 100-50=50 credits that are essentially worthless.
This means that some companies purchased carbon credits that are worthless, or do not actually do anything for the environment.
What’s the alternative?
A more suitable baseline calculation method would
be to use actual deforestation rates in a few control
plots, looking backwards in time over the reporting
period, rather than immediately predicting baselines
prior to the start of the project.