How is Arbonics and our projects structured?
Afforestation and Impact Forestry both include grouped projects, which involve multiple landowners. Grouped projects save landowners money because they generate monitoring and verification efficiencies. Grouped projects have a much lower unit cost base than single landowner projects and can also generate larger volumes of carbon credits, which offers sales and marketing advantages. Carbon credit buyers often want to buy large volumes of specific carbon credits (e.g. carbon credits from afforestation) from a single vintage (i.e. produced in a specific year).
Arbonics will group landowners based on their regional risk profile and management objectives (e.g. managing forests for timber versus managing forests for conservation). Members of a grouped project are likely to come from a similar region (e.g. Baltic states) and manage forests in a similar way.
Arbonics will develop and manage carbon monitoring and verification for each grouped project. The monitoring and verification activities of each group member will be synchronised to meet the reporting requirements of Verra (see What is Verra?). However, Arbonics will not operate our grouped projects as a single carbon pool or as a cooperative. Arbonics will monitor the performance of each group member and as far as possible, distribute carbon payments based on the performance of individual group members. Group members will not receive an average share of each grouped project.