New Approach to Forest Carbon Accounting Aims to Enhance Accuracy & Transparency
WASHINGTON, Oct. 27, 2022 /PRNewswire-PRWeb/ -- A first-of-its-kind carbon accounting methodology for Improved Forest Management (IMF), designed to provide more measurable proof of climate impact and to solve access challenges for small forest landowners, has officially been approved for use in the United States and around the world.
- "The approval of the Family Forest Carbon Program's pioneering methodology unlocks the potential for landowners to meet the need for more transparent, credible and trustworthy carbon programs."
- The Family Forest Carbon Program (FFCP) is uniquely designed to help owners of forests as small as 30 acres participate in carbon projects.
- Traditionally, forest carbon projects have been created on properties of 5,000 acres or more, meaning owners of small forest properties have been kept out of 99% of forest carbon projects.
- In 2021, international leaders called for greater transparency and accuracy in carbon accounting to ensure the integrity of voluntary carbon markets.