France: Label Bas Carbone

France: Label Bas Carbone

National certification scheme for emissions reductions and removals. ‘Label Bas Carbone’ has already been running for five years. In forestry, more than 600 projects have been certified following one of the three methodologies:

  • (1) afforestation,
  • (2) forest restoration after a fire event, a storm or important diebacks and
  • (3) conversion from coppice to high-stand management.

Feedback will be given about the use of this certification scheme to incentivise low-carbon practices in forestry.

Content: France’s factsheet from Unlocking Forest Carbon Markets – Event 7 of the Forestry Speed Dating 3rd Series

Publisher: Bioregions Facility

Year: 2024

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Italy: LIFE CO2PES&PEF

Italy: LIFE CO2PES&PEF

The LIFE CO2PES&PEF (2020-2023) has achieved results to increase the practice of Sustainable Forest Management, for institutions and businesses. This demonstrates that collaborative and integrated nature-based solutions are preferred to mitigate and adapt to climate change. During the project, silvicultural activities were carried out to reduce vulnerability to windstorms and enhance integrated relations among forest biodiversity, including the incrementation of selective thinning to improve the growth and health of remaining trees. In parallel, in collaboration with PEFC Italy, the project developed a Standard Protocol to certify ecosystem services generated from sustainable forest management silviculture. Moreover, during the project, we focused on the role of businesses that should encourage and promote a sustainable wood supply chain by applying the PEF methodology, assisted by the guidelines provided by the PEFCRs, to reduce their environmental impact.

Content: Italy’s factsheet from Unlocking Forest Carbon Markets – Event 7 of the Forestry Speed Dating 3rd Series

Publisher: Bioregions Facility

Year: 2024

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Catalonia: Climate Credit System

Catalonia: Climate Credit System

The Government of Catalonia created its climate credit system to enhance the absorption of CO2 emissions. The carbon credits are an exchange unit designed to facilitate investments in nature-based solutions in Catalonia within the framework of voluntary compensation or corporate social responsibility initiatives. The Catalan system will allow the offsetting of greenhouse gas emissions within the region for the benefit of rural areas; climate credits generated in agriculture, soil management, and the restoration of coastal and marine habitats will be included in the system.

Content: Catalonia: Climate Credit System factsheet from Unlocking Forest Carbon Markets – Event 6 of the Forestry Speed Dating 3rd Series

Publisher: Bioregions Facility

Year: 2024

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Poland: Carbon Forests Project

Poland: Carbon Forests Project

In August 2022, the State Forests of Poland launched the “Carbon Forests” project, which targets forest management to increase carbon retention in the various elements of the forest ecosystem and the ability to calculate these changes using the Canadian Forest Carbon Budget Model (CBM-CFS3). The project’s proposed activities aim to increase CO2 sequestration by forests through afforestation of non-forest and forest land, promotion of natural regeneration, introduction of undergrowth and underplanting (in stands with a canopy of no more than 0.8), and promotion of good practices in soil preparation for reseeding or restoration, which contributes to reducing CO2 emissions.

Content: Poland: Carbon Forests Project factsheet from Unlocking Forest Carbon Markets – Event 6 of the Forestry Speed Dating 3rd Series

Publisher: Bioregions Facility

Year: 2024

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Grupo Sylvestris

Grupo Sylvestris: CO2 capture and sustainable solutions for environmental challenges

Grupo Sylvestris specializes in innovative projects dedicated to CO2 capture. Their initiatives include the restoration of burned areas using cost-effective and environmentally friendly techniques. Additionally, they excel in constructing vertical and urban gardens that contribute to sustainable urban development. The company also provides comprehensive services focused on conducting studies and developing projects that deliver impactful solutions to address environmental and social challenges.

Content: Grupo Sylvestris factsheet from Unlocking Forest Carbon Markets – Event 5 of the Forestry Speed Dating 3rd Series

Publisher: Bioregions Facility

Year: 2024

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Land Life

Land Life: Cultivating green legacies for a sustainable tomorrow

Land Life is a technology-driven reforestation company that plants trees on a large scale. They offer businesses and organisations the opportunity to address climate change and offset carbon emissions by restoring nature. The company is dedicated to enhancing biodiversity, improving groundwater, stabilising soil, and mitigating CO2 levels, all facilitated through a prediction model that provides data on carbon capture and nature impact projections. Companies can actively contribute to reforestation projects, offsetting or compensating for their carbon footprints. Simultaneously, this provides additional income to landowners who commit to protecting newly planted trees for a minimum of 40 years.

Content: Landlife factsheet from Unlocking Forest Carbon Markets – Event 5 of the Forestry Speed Dating 3rd Series

Publisher: Bioregions Facility

Year: 2024

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CollectiveCrunch

CollectiveCrunch: Elevating forestry intelligence for sustainable futures

CollectiveCrunch is an AI-driven company that uses technology to monitor forests, with a specific emphasis on tracking carbon change to support sustainable forestry. With a nature-based solutions approach, the company provides its partners with insights into the carbon stored in their forests, supports forest inventories, tracks forest health and biodiversity, and monitors carbon changes. CollectiveCrunch has attracted partnerships and secured US$2.8 million in seed funding.

Content: CollectiveCrunch factsheet from Unlocking Forest Carbon Markets – Event 5 of the Forestry Speed Dating 3rd Series

Publisher: Bioregions Facility

Year: 2024

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Föra

Föra: AI and remote-sensing tool that gauges forest carbon stock and vegetation disturbances with multiple modules

Föra Forest Technologies’ tool, Förecast, is a forest intelligence tool that estimates the carbon stock available in the forest and measures other forest variables using remote sensing and artificial intelligence developed by Föra. Förecast leverages artificial intelligence and remote sensing to assess carbon stock in forests and offers transparent monitoring of vegetation disturbances. The tool comprises four modules: traditional inventory, LiDAR inventory, satellite and LiDAR integration, and forest simulations. Föra is among the winners of the Bioregions Open Innovation Challenge launched in 2022 and secured second place in the 2020 ESA Digital Twin Earth Challenge.

Content: Föra factsheet from Unlocking Forest Carbon Markets – Event 4 of the Forestry Speed Dating 3rd Series

Publisher: Bioregions Facility

Year: 2024

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Zerti Carbon

Zerti Carbon: Cutting-edge technology for climate-smart forestry, allowing users to offset emissions

The Zerti Carbon app provides detailed data to landowners about tree growth and carbon capture, ensuring transparent traceability. By digitising forests and utilising advanced technologies such as drone scanning, LiDAR, machine learning, augmented reality, and AI to analyse the forest’s carbon sinks, the app establishes a system where individuals and companies can offset their carbon emissions by purchasing carbon credits. Zerti Carbon is one of the winners of the Bioregions Open Innovation Challenge launched in 2022.

Content: Zerti Carbon factsheet from Unlocking Forest Carbon Markets – Event 4 of the Forestry Speed Dating 3rd Series

Publisher: Bioregions Facility

Year: 2024

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Exploring the latest innovations in forest carbon markets

Carbon markets play a crucial role in the complex network of climate solutions; they facilitate the exchange of carbon credit emissions permits and create incentives to reduce greenhouse gas emissions. These markets, whether regulated by governing bodies or projects aiming to reduce emissions, create dynamic environments where environmental responsibility and economic incentives intersect. 

Change through forest carbon markets 

Carbon farming – approach to sustainable land management – employs reforestation, afforestation, forest and peatland restoration, and agroforestry to capture carbon. This practice addresses climate change mitigation and generates carbon credits, known as carbon offsets

These credits represent the CO2 captured and stored in the forest, with the added benefit of being exchangeable within carbon markets. Institutions, organisations, and individuals can buy these credits to offset carbon emissions.  

The social benefit is that communities, farmers, and landowners become integral market players; they can earn income from sustainable land management practices that enhance carbon sequestration. This synergy between incentives and environmental stewardship encourages adopting sustainable practices.

Challenges and opportunities 

White drone flying near a forest
Drones, for example, can be used to collect data for forest monitoring and mapping tree inventory. Photo by Dmytro Titov – stock.adobe.com

As the market for carbon credits increases, some challenges need to be addressed. For example, avoid double counting emissions reductions and removals, and ensure that any reduction in emissions or increase in carbon sequestration occurs because of the sale of carbon credits.

These challenges require innovation and implementation of technologies to improve transparency and effectiveness across the value chain. Besides assisting in developing the carbon market, digital technologies also play a key role in inventory management, monitoring, reporting, and carbon monetisation.

Forestry Speed Dating 

unlocking forest carbon markets title

Bioregions’ Forestry Speed Dating (FSD) series, aiming to bring this relevant topic to the table, has the theme Unlocking forest carbon markets for its third series of the FSD – bringing innovators such as Skoog, Treemetrics, CarbonStack, CO2Offset, Ecobase, Arbonics, Kanop, Xilva, Föra, Zerti Carbon, CollectiveCrunch, Grupo Sylvestris, Land Life and other companies, start-ups and public initiatives to present their innovation and contribution to fight climate change. 

The series provides a platform for individuals and organisations to share knowledge, collaborate and foster sustainable growth in the forestry industry and the bioeconomy. 

Watch previous sessions, register for our fifth event on 1 February 2024, and stay tuned for new events to attend

References 

What are carbon markets and why are they important? 

International carbon market 

What You Should Know About Carbon Markets 

Carbon farming explained: the pros, the cons and the EU’s plans 

Carbon markets: the challenges and opportunities

Featured image by okawa – stock.adobe.com

Xilva

Xilva: Comprehensive project grading for informed sustainable forest investments

Xilva’s project grading enables corporates and impact investors to decide on the right sustainable forest project. Xilva GRADE enables investors to fully understand sustainable forest projects across all relevant dimensions (Impact, Financial Viability, Leadership and team, Project Design, Safeguards, and Growth Potential) along the entire investment cycle and thus invest with confidence in forests.

Content: CO2Offset factsheet from Unlocking Forest Carbon Markets – Event 3 of the Forestry Speed Dating 3rd Series

Publisher: Bioregions Facility

Year: 2023

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Kanop

Kanop: Nature-based analytics with space-borne LiDAR and AI for comprehensive ecosystem insights

Kanop is a data analytics company specialising in nature-based solutions and science-driven impact assessment for ecosystems. With a platform measuring ecosystem data through user-friendly interfaces, the company uses space-borne LiDAR and AI models for forest mapping, inventory, volume measurements, reporting, and carbon storage estimation. Kanop has secured US$1.1 million in pre-seed funding to support its initiatives.

Content: CO2Offset factsheet from Unlocking Forest Carbon Markets – Event 3 of the Forestry Speed Dating 3rd Series

Publisher: Bioregions Facility

Year: 2023

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