As part of the Climate Action Reserve’s efforts to encourage greater participation by forest landowners in its voluntary carbon offset program, the Reserve worked to develop rules and procedures under which smaller forest projects may be “aggregated.” The goal of aggregation is to alleviate transaction costs for individual landowners while upholding the Reserve’s standards for quantification certainty and integrity. Allowing smaller projects to register as part of a group, or “aggregate,” can help reduce costs by enabling economies of scale and supporting the marketing of offset credits at volume. By allowing aggregation, the Reserve is helping to make the Forest Protocol (FP) more accessible to a large percentage of the nation’s forestland owners.
The aggregation guidelines are referenced in the Forest Protocol Version 3.2, but are contained in a separate document that will be maintained and updated separately from the FP itself. The aggregation guidelines were approved by the Reserve Board in August 2010 and are available for download below.
- Guidelines for Aggregating Forest Projects Version 1.0 (August 31, 2010)
Aggregation Guidelines Development Process
The Reserve convened a stakeholder workgroup in the fall of 2009 to help develop a set of recommendations on forest project aggregation. These recommendations were compiled into a proposed set of rules and guidelines for how the Reserve will implement an aggregation program. The draft of the guidelines are available below and were presented to the Reserve Board for adoption on August 31, 2010.
Proposed Final Guidelines for Aggregating Forest Projects
- Guidelines for Aggregating Forest Projects – For Board Approval (August 20, 2010)
- Summary of Cost Savings to Landowner from Aggregation Proposal (August 20, 2010)
Staff Response to Public Comments
Reserve staff has responded to public comments received on the Forest Project Aggregation Proposal. The summary document is available below.
- Staff Response to Public Comments on Forest Project Aggregation Proposal (August 20, 2010)
Original public comment letters are available below.
Initial Aggregation Proposal
The Reserve convened a stakeholder workgroup in the fall of 2009 to help develop a set of recommendations on forest project aggregation. These recommendations were compiled into a proposed set of rules and guidelines for how the Reserve will implement an aggregation program.
- Reserve Forest Project Aggregation Proposal (April 22, 2010)
Public Webinar on Aggregation Proposal
The Reserve hosted an informational webinar on May 18, 2010 to publicly discuss the proposed model for forest project aggregation. The meeting agenda and presentation slides are available below.
If you have questions about the aggregation proposal or public comment process, please contact the Reserve.