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The Climate Action Reserve is developing a Guatemala Forest Protocol that will focus on the crediting of activities that sequester CO2e from the atmosphere through increasing carbon stocks in trees over time. The Guatemala Forest Protocol will provide project-level eligibility rules, baseline, social and environmental safeguards, methods to calculate net removals of CO2 from the atmosphere due to sequestration activities, procedures to address and compensate for the release of CO2 back to the atmosphere, and measurement, reporting, and verification (MRV) requirements.
Approximately 34% of Guatemala’s territory is covered by forest, making the forest sector key to meeting the country’s climate change goals. Carbon credits to be generated under the Guatemala Forest Protocol will incentivize the implementation of additional activities to increase carbon stocks within Guatemala’s forestlands.
- Guatemala Forest Protocol V1.0 Board Draft
- Guatemala Forest Protocol V1.0 Board Draft-Red-line- Comparison-Public Comment Draft
Public Comment Period
The Guatemala Forest Protocol was available for public comment from October 16 – November 14, 2023.
- Guatemala Forest Protocol Public Comment Period Draft (English | Spanish)
- Staff Response to Public Comments on Draft Guatemala Forest Protocol V1.0
Wildlife Conservation Society Clemente Romero Olmedo
Guatemala Forest Protocol Public Comment Webinar (Spanish)
The Reserve held a public webinar on November 7, 2023 to discuss the protocol in detail and solicit public comments.
- Webinar recording (Spanish)
- Reserve presentation (English | Spanish)
Local Engagement
The Reserve is seeking interested stakeholders to participate in engagement opportunities to identify and incorporate applicable laws, norms, and conditions from Guatemala as well as specific improvements and changes to ensure the successful adaptation of the Mexico Forest Protocol to Guatemala. All stakeholders interested in the protocol process, please complete the following Local Engagement form below and submit it to [email protected] to help ensure that you receive the appropriate notifications for public engagement opportunities during protocol development.
For stakeholders interested in participating in the protocol development process as workgroup observers:
Workgroup
The Guatemala Forest Protocol will be developed through the Reserve’s multi-stakeholder workgroup process. The Reserve strives to create a well-balanced workgroup consisting of industry representatives, project developers, environmental NGOs, verification bodies, independent consultants, academia, and government bodies.
Workgroup members:
Agroproyectos S.A. |
BRET Consultores |
Carbonof |
Climate Impact Partners |
Cool Effect |
EARTHLAB |
Fundación Solar |
Independent |
Itsmo Verde |
Karbone, Inc. |
MÉXICO2 |
Munnings Advisory Group LLC |
SOPLANETSH |
Swisscontact |
The Nature Conservancy |
Universidad Rafael Landívar |
World Resources Institute |
YAAX Carbon |
Stakeholders not part of the workgroup are encouraged to participate in the process as “observers.” Observers may attend workgroup meetings in listen-only mode, submit written comments on the draft methodology when it is available for public comment, and attend the public webinar(s) held during the public comment period.
Workgroup Meetings
Workgroup Meeting 5 – in Spanish
August 2, 2023
- Webinar recording (Spanish)
- Reserve presentation (English | Spanish)
- Notes and takeaways (English | Spanish)
- Guatemala Forest Protocol – Workgroup Draft (Spanish)
Workgroup Meeting 4 – in Spanish
June 13, 2023
- Webinar recording (Spanish)
- Reserve presentation (English | Spanish)
- Notes and takeaways (English | Spanish)
Workgroup Meeting 3 – in Spanish
May 30, 2023
- Webinar recording (Spanish)
- Reserve presentation (English | Spanish)
- Notes and takeaways (English | Spanish)
Workgroup Meeting 2 – in Spanish
May 12, 2023
- Webinar recording (Spanish)
- Reserve presentation (English | Spanish)
- Notes and takeaways (English | Spanish)
Workgroup Meeting 1 – in Spanish
April 26, 2023
- Webinar recording (Spanish)
- Reserve presentation (English | Spanish)
- Notes and takeaways (English | Spanish)
Kickoff Webinar
The Reserve held a public webinar to kick-off the Guatemala Forest Protocol development process on March 29, 2023.
- Webinar recording (Spanish)
- Reserve presentation (English | Spanish)
Development Timeline
The following timeline will be updated as the protocol development process unfolds.
Protocol kickoff webinar | March 29, 2023 |
Workgroup SOIs due | April 7, 2023 |
Formation of workgroup | April 2023 |
First workgroup meeting | April 26, 2023 |
Second workgroup meeting | May 12, 2023 |
Third workgroup meeting | May 30, 2023 |
Fourth workgroup meeting | June 13, 2023 |
Fifth workgroup meeting | August 2, 2023 |
Public comment period | October 16, 2023 – November 14, 2023 |
Protocol presented to Reserve Board for approval | January 2024 |
Financial Support
Partial funding and technical support for the development of the Guatemala Forest Protocol was provided by MexiCO2 and Istmo Verde.
Please contact the Reserve with questions or comments.