Grassland owners now have the ability to generate emission reduction carbon credits through the use of the Climate Action Reserve’s Grassland Project Protocol. Through sustainable management and protection under a perpetual conservation easement, this protocol can be used to avoid the conversion of grasslands to croplands.
This protocol has many appealing aspects to it including; 1) the aggregation of landowners should help reduce transaction costs for monitoring, reporting, and verification, 2) the use of look-up tables for determining baseline emissions and look up tables that provide calculated project emissions based on rigorous modeling, 3) no requirement for project level data, e.g. soil samples or project-level modeling, and 4) flexible crediting periods, and 5) sensible verification rules. Under this protocol, CarbonVerde® has the flexibility to:
1. Act as a technical consultant to develop a project for individual grassland owners,
2. Act as a Cooperative Developer that aggregates several grassland owners into a pool and manages this cooperative, and
3. Act as a Project Developer, taking on the cost of developing and aggregating grassland owners.