A carbon market establishes a methodology. The methodology determines project boundaries, baselines, quantifies carbon flow, and quantifies overall GHG reduction. Each methodology has it’s own bureaucracy for getting certified 1.
While no methodology exists for quantifying bamboo carbon reduction, INBAR recommends using forest carbon methodologies1.
| Methodology | Short Description | ORG |
|---|---|---|
| CDM AR-ACM 003 | Large scale afforestation | UN |
| CDM AR-AMS 007 | Small scale afforestation | UN |
| VCS VM 005 | Conversion of low productive forrest | Verra |
| VCS 007 REDD+ | Avoided deforestation | Verra |
INBAR notes that for trading, China has certified bamboo under Chinese Certified Emission Reduction Scheme1.
References
1.
King, C., van der Lugt, P., Yanxia, L. & Long, T. T. Integration of Bamboo Forestry into Carbon Markets. 13 https://www.inbar.int/resources/inbar_publications/integration-of-bamboo-forestry-into-carbon-markets/ (2021).