Improved Forest Management (IFM) for Non-Federal U.S. Forestlands
Thedetails requirements for non-federally owned forestland in the U.S. to quantify GHG removals and emissions reductions through enhanced sequestration and/or emissions reductions relative to baseline forest management. Lands must be subject to commercial timber harvesting activities, by the entity owning or controlling timber rights, under a forest management plan in both the baseline and project scenarios.
The methodology was developed by Columbia Carbon LLC, a subsidiary of CE2 Carbon Capital in partnership with L&C Carbon LLC, based on the approved ACR IFM methodology for U.S. timberlands developed by Finite Carbon Corporation.
Awas later proposed by Blue Source, TerraCarbon and L&C Carbon. The main intent of the proposed methodology changes is to allow for conservation projects on lands that can be legally harvested by entities owning or controlling timber rights on forestland, but which are forgoing harvesting in support of conservation goals and enhanced CO2 sequestration. Other proposed changes are to clarify certain definitions, applicability conditions and calculations based on questions that have arisen during project development and verification of registered projects.