Do Land Use and Forestry (LUF) projects need to contribute to the Compliance Buffer?

Do Land Use and Forestry (LUF) projects need to contribute to the Compliance Buffer?

Yes. All LUF projects must contribute 20% of their emission reduction issuance to a pooled Compliance Buffer to deal with the risk of non-permanence. Projects with activities resulting in avoided emissions do not need to contribute to the Compliance Buffer.

 

Gold Standard has a compliance buffer that is nothing but a pool to which all projects must contribute 20% of their emission reductions. This is a reserve for cases wherein carbon is no longer sequestered due to an event like forest burning or unplanned clearing. In other words, LUF projects are always issued only 80% of the emission reductions that they request for certification; the other 20% go into this compliance buffer pool.