The pilot tests scheduled LIFE CLIMARK should allow us to evaluate of the future climate credit market’s implementation phases, leading up to its eventual launch at the end of 2022. The tests help to assess the suitability of the planned forest actions and the methodology for calculating their impact and to calculate the climate credits generated. We work with the different stakeholders in each territory to specifi how the entire process should be organised, from the proposal of the forestry project to its effective financing and subsequent certification.
The phases included in each of the pilot tests are:
- Identification of the main ecosystem services to be improved and the main players to take into account in each territory, at the landscape level. Several informative and participatory meetings are set up to cover the general idea behind the project and the specific objectives of each test.
- Drafting of a Climate Change Mitigation and Adaptation Forest Project (PROMACC), a manual for the roll-out of grouped multifunctional forest management, with the selection of the different stands, management models and itineraries to follow and quantification of this management’s impact in terms of carbon, water and biodiversity. The PROMACC must include the costs of works’ management and direction as well as the possible revenue from the wood from the planned treatments.
- With the calculated impact and social benefit for the next 15 years, the tons of carbon to be set, the cubic metres of water to be supplied and the percentage of improvement in the capacity to host biodiversity established, the next step is to begin the search for financing, with private and/or public entities, to implement the project.
- The pilot test includes communication – press releases and dissemination on social media – and training tasks durint the project’s implementation.
