Estimating Climate Benefits

What is climate benefit estimation?

Projects certified beneath the Plan Vivo Carbon Standard (PV Climate) that want to receive Plan Vivo certificates (PVCs) must benefit the climate by lowering greenhouse gas emissions and/or enhancing carbon sinks as a result of project interventions. They must take steps to quantify these climate benefits in tonnes of carbon  dioxide equivalent (tCO₂e) which were reduced or removed from the atmosphere as a result of project interventions.

In each eligible intervention/activity applied by the project, climate benefits are estimated by comparing baseline emissions (emissions in the absence of the project) against removals after project intervention, minus any emissions from leakage.

Expected climate benefits and the approaches for their estimation are included within a Project Design Document (PDD). Each project must therefore:

• Create a PDD outlining expected climate benefits and the approaches used.
• Submit the PDD for effectiveness review by the Plan Vivo Foundation and experts from the Plan Vivo Technical Review Panel. 
• Monitor activities and impacts to demonstrate the expected climate benefits are being achieved.

 

 

Guidance on estimating climate benefits

You can find all the guidance on estimating climate benefits in the Climate Benefit Estimation Guidance and Resources. Information is also provided on the following webpages:

Further guidance	Summary
Baseline Scenario	A description of the most likely land use scenario in the project area(s) if interventions aren’t introduced.
Estimation of emissions and removals	A comparison of the baseline scenario and the expected climate benefit of the project interventions with regards to emissions and removals.
Risks of non-delivery and reversals	An assessment of the risks of non-delivery, and an appropriate risk buffer to be applied.
Crediting systems and monitoring	A description of the crediting systems that projects can apply, and information about monitoring requirements.
Plan Vivo Methodologies, Modules, and Tools	The PV Climate Methodology and associated modules and tools outline the quantification and justification for climate benefits; assess risk; demonstrate additionality, and provide guidelines on monitoring data for PV Climate projects. A project may choose to apply this methodology and appropriate modules and/or tools. A project may also choose to submit a methodology, module, or tool that follows the Methodology Requirements, for approval and application to their project.

 

For all PV Climate project related enquiries, please email [email protected]