search

ncx-co / ifm_deferred_harvest

Documents, Data, and Code. The NCX Methodology For Improved Forest Management (IFM) Through Short-Term Harvest Deferral.
Apache License 2.0
11 stars 1 forks source link

Public Comment: 218 (Andrea Tuttle) #218

Closed ncx-gitbot closed 1 year ago

ncx-gitbot commented 1 year ago

Commenter Organization: Forest and Climate Policy

Commenter: Andrea Tuttle

2021 Deferred Harvest Methodology Section: No Section Indicated

Comment: The significance of the decision by VERRA to approve or deny this methodology cannot be overstated. The critique of the NCX proposal by CarbonPlan contains an important observation:

“...No doubt one response to this criticism will be the standard line in the voluntary carbon markets: “critics can’t let the perfect be the enemy of the good.” The problem with this position – aside from higher emissions – is that unregulated carbon markets have no governance system to review claims and make changes over time. Instead, critical technical choices are left up to private parties, like NCX, that have a direct profit motive to sell more offset credits for a given volume of temporary carbon storage.” (https://carbonplan.org/blog/ton-year-ncx)

VERRA comes as close as we have towards a “governance” system that serves as a gatekeeper of integrity in voluntary standards. Thus, this decision matters.

Proposed Change: No Proposed Change

ncx-gitbot commented 1 year ago

NCX response: We agree that the voluntary carbon market needs high-quality standards and governance that raise the bar for credit quality and transparency.