Summary
Regen Network is proposing an approval of Regen Registry, for projects with the following methodologies:
- V1.0, Methodology for GHG and Co-benefits in Grazing System, author: Regen Network Development PBC, carbon removal
- Appendix: In-Stand Surface Application of Biochar in Forestlands Methodology, author: Kulshan Carbon Trust, carbon removal
- Soil Organic Carbon Estimation in Regenerative Cropping & Managed Grasslands Ecosystem, author: Ecometric, carbon removal
- Regen Network is proposing an approval of City Forest Credits registry, for projects with the following credit standard: Urban Forest Carbon Credit Class.
Additional methodologies will be reviewed by the KlimaDAO team prior to their support.
Motivation
This partnership would provide Regen Registry-issued carbon credit support for KlimaDAO’s retirement aggregator and Carbonmark marketplace. Regen Registry is focused on high-integrity credit origination with our worldwide network of project developers. Ideally, the KlimaDAO community will engage in pre-purchases on Regen Registry credits as they are issued.
Proposal
Proposal Discussion: Prior discussion while an RFC can be found here.
With over 2,000,000 Regen Registry credits expected to be issued in 2023, worth over $12 million, the KlimaDAO community has the potential to be a critical on-chain demand partner.
Regen Registry is a web3 native ecological service registry operating in the voluntary market that aims to support climate action by accelerating the adoption of nature-based solutions which regenerate and restore natural ecosystems. Regen Registry credits are nature-based solutions, which provide ecosystem integrity, including GHG emission reductions and removals, biodiversity/habitat protection, improvement in water quality, etc.
Current “carbon” credit standards approved on Regen Registry
- CarbonPlus Grasslands Credit Class, author: Regen Network Development PBC (credit type: carbon; offset generation method: carbon removal)
- GHG Benefits in Managed Crop and Grassland Systems Credit Class, author: Ecometric (credit type: carbon; offset generation method: carbon removal)
Current “carbon” methodologies approved on Regen Registry
Over 40 climate-science methodologies are under development via Regen Registry.
- V1.0, Methodology for GHG and Co-benefits in Grazing System, author: Regen Network Development PBC, carbon removal
- Appendix: In-Stand Surface Application of Biochar in Forestlands Methodology, author: Kulshan Carbon Trust, carbon removal
- Soil Organic Carbon Estimation in Regenerative Cropping & Managed Grasslands Ecosystem, author: Ecometric, carbon removal
City Forest Credits registry is a 501(c)(3) nonprofit carbon registry that manages carbon and impact standards for metropolitan areas in the United States. City Forest Credits is the USA national standard for greenhouse gas emission reduction and removal for tree projects in cities and towns. Developed by leading scientists, industry, and urban forest professionals, the Standard and Protocols define the set of rules and requirements that tree preservation projects must follow in order to earn third-party verified carbon credits.
Carbon credit standards
City Forest Credits are tokenized onto the Regen Network blockchain.
Credit Class (crediting standard on Regen Network): Urban Forest Carbon Credit Class
- CFC has a 40-year and a 100-year Tree Preservation Protocol, modeled after avoided conversion or avoided emissions protocols in forestry. The 40-year Protocol was designed for the voluntary market and the 100-year Protocol for the compliance market in the state of California. CFC has a 26-year afforestation and reforestation protocol.
Approved Methodologies:
Polling Period
The polling process begins now and will end at 17:00 UTC on October 12. Assuming the forum proposal is approved, it will advance to Snapshot.