Five ways the abacus mark promotes nature-based carbon removal

Carbon stored in ecosystems can be very sustainable, but it faces persistent, long -term climate risks such as fire, drought and changes in land use that must be managed responsibly. Nature-based carbon removal should seek “effective permanence”-a actually net greenhouse gas advantage for the atmosphere equal to or greater than the net result from the credits. In addition, the removal must ensure that this balance can remain indefinitely.

On the other hand, Agroforestry and restoration projects catalyzers can change to land use system that sustainably improves carbon storage, even beyond what is being credited. This can be done through overplay effects, continued carbon removal after the credit period and biophysical cooling feedbacks, among other factors. Abacus includes several methods that improve the likelihood of nature -based carbon remaining durable stored for example, requiring projects to plant organically appropriate restoration systems and create public plans for the project’s life, even after support from carbon revenue.

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One of Abacus’s most important innovations is to limit the credit period in an attempt to maximize uncredited removal. The Abacus working group found that revenue from credits generated beyond the year 30 is mostly immaterial to investment decisions today due to their heavy discounts. By shorter the credit period to 40 years to a maximum – unlike much like 100 years under some voluntary carbon standards – Abacus will create a source of uncredited carbon removal that can serve as an extra buffer against future returns.

In addition, Abacus suggested that projects be awarded some of the carbon credits issued late during the credit period (ie year 31-40) to a “long -term duration mechanism”, such as an improved buffer pool or insurance product. Achieving increased confidence in effective permanentity of nature-based carbon credits may require the strain of removal or replacement of a moderate joint credit with a credit with high articularability if and when previously credited to be rejected. Economically, such a construction is currently likely to be effective compared to today’s removal of carbon dioxide removal with high endability.

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