Voluntary Carbon Standard

From the Report:

This document provides guidance and additional context for users of the Voluntary Carbon Standard (VCS), the VCS Program Guidelines, and the VCS Agriculture, Forestry and Other Land Use (AFOLU) project tools. At the beginning of each section, relevant content from the respective VCS document (VCS, the VCS Program Guidelines, and the VCS AFOLU project tools) is presented verbatim in a box after which the relevant guidance is provided. In case of any discrepancies between: a.) this guidance document; and b.) the most up-to-date versions of the VCS, the VCS Program Guidelines, or VCS AFOLU project tools documents, information contained in the documents mentioned under b.) is considered binding. This document should be cited as: “Voluntary Carbon Standard – Guidance for Agriculture, Forestry and Other Land Use Projects (VCS 2007.1, 2008).” VCS Association. Available at: www.v-c-s.org

The rules contained in the VCS 2007.1, VCS Program Guidelines, and the AFOLU project tools have been developed to enable high-quality AFOLU projects from around the world to generate Voluntary Carbon Units (VCUs) that are credible, robust, permanent and fungible. The result of an intensive eighteen-month development process managed by the VCS AFOLU Advisory Group and overseen by the VCS Steering Committee, these guidelines employ innovative and best-practice thinking in order to create standards that are at once rigorous and workable. After considerable public input, working groups composed of leading experts in each of the four AFOLU project categories authored this guidance and the associated AFOLU text found in the VCS, Program Guidelines and Tools. More than twenty independent reviewers, including preeminent risk experts, investors, NGO representatives and project developers supported these efforts and provided detailed feedback during the evolution of these AFOLU rules and guidance.

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