First European Improved Forest Management Carbon Offset Project Achieves Independent Verification
VIENNA and EMERYVILLE, Calif., October 18, 2021 /3BL Media/ - Global Forest Support GmbH (GFS) and SCS Global Services (SCS) announced the completion of validation and verification of the first European Improved Forest Management (IFM) carbon project under the Verified Carbon Standard (VCS) administered by Verra. Based on this verification, Verified Carbon Units (VCUs)/carbon offsets can now be issued in association with this project.
The forest carbon project is situated inside the 10,000-hectare Rotunda Forest Estate located within the Carpathian Mountains of Romania. The project consists of a 1,500-hectare commercial forest located outside of the Carpathian Mountains National Park boundary; it is projected to sequester more than 6,600 tons of carbon dioxide equivalents (CO2e) per year from the atmosphere.
Implementation of the VCS Methodology, “VM0012 – Improved Forest Management (IFM) in Temperate and Boreal Forests (LtPF),” was a collaborative effort between the forest owner, SC Rotunda SRL (Romania), and GFS with its in-house implementation specialists, GreenRaise Consulting GmbH.
“We would like to thank and congratulate our partners on this historic and influential accomplishment,” said Jason Zimmerman, Managing Partner at Global Forest Support. “Becoming the first European project to implement this robust VCS methodology is a cornerstone event in 2021. GFS is proud to be part of the joint effort in the fight against global climate change. We look forward to announcing further forest carbon projects in Europe and North America.”
GFS underwent a rigorous third-party assessment by SCS of its project including stakeholder engagement, spatial analysis and technical review of its carbon emission calculations under the IFM methodology. Upon successful completion, SCS verified the project, which provides credible assurance of the project’s impacts and carbon credits generated.
“Carbon offset projects are becoming increasingly important across the globe as organizations and communities seek ways to fight climate change, improve the livelihoods of community members, create new jobs, and ensure sustainable practices in forests for future generations to enjoy,” said Christie Pollet-Young, Director of Greenhouse Gas Verification at SCS Global Services. “We are honored to work with Global Forest Support to independently verify this forest offset project, demonstrating its commitment to protecting forests and reducing greenhouse gas emissions with impactful results.”
“Congratulations to Global Forest Support for becoming the first to use this IFM methodology in Europe,” said Anne Thiel, Senior Communications Manager at Verra. “This methodology under the VCS program works to protect forests and avoid emissions. It credibly quantifies the GHG emission reductions generated by improving forest management and preventing logging in temperate and boreal forests.”
About Global Forest Support GmbH
Founded by a European and North American forest certification implementer and an international forest/farmland asset manager in cooperation with forest owners, Global Forest Support works with forest owners to implement carbon offset projects in Europe and North America. For more information, please visit www.globalforestsupport.com.
CONTACT: JASON ZIMMERMANN, Managing Partner, firstname.lastname@example.org
About SCS Global Services
Founded in 1984, SCS Global Services (SCS) is a global leader in third-party environmental and sustainability verification, certification, auditing, testing, and standards development. Its programs span a cross-section of industries, recognizing achievements in natural resource management, green building, product manufacturing, food and agriculture, supply chains, climate mitigation and more. Headquartered in Emeryville, California, SCS has representatives and affiliate offices throughout the Americas, Asia/Pacific, Europe and Africa. Its broad network of auditors are experts in their fields, and the company is a trusted partner to companies, agencies and advocacy organizations due to its dedication to quality and professionalism. SCS is a chartered Benefit Corporation, reflecting its commitment to socially and environmentally responsible business practices. For more information, visit www.scsglobalservices.com. Learn more about Carbon Offset Project Validation and Verification at www.scsglobalservices.com/services/carbon-offset-verification.
CONTACT: NIKKI HELMS, Senior Marketing Manager, email@example.com
Verra is a global leader helping to tackle the world’s most intractable environmental and social challenges. As a mission-driven non-profit organization, Verra is committed to helping reduce greenhouse gas emissions, improve livelihoods and protect natural resources by working with the private and public sectors. We support climate action and sustainable development with standards, tools and programs that credibly, transparently, and robustly assess environmental and social impacts and enable funding for sustaining and scaling up projects that verifiably deliver these benefits. We work in any arena where we see a need for clear standards, a role for market-based mechanisms, and an opportunity to generate significant environmental and social value.
CONTACT: ANNE THIEL, Senior Communications Manager, firstname.lastname@example.org