T4N: Create CO2 certificates using biodiversity measures
Biodiversity actions can create carbon sinks which and open up a way to bring these CO2 Certificates onto market. In this Tech4Nature pilot study, we calculated the amount of CO2 sequestered through management activities for Capercaillie (an endangered bird species in Switzerland) in the Schwägalp – Bruggerwald forest reserve.
The goal of this pilot study is to test the assumptions made in the newly developed Green List Standard for Carbon (GLS+). GLS+ is an independent Standard but 60% of the indicators are based on the existing IUCN Green List Standard for protected and conserved areas to achieve effective, equitable, and successful conservation outcomes.
The Tech4Nature Pilot is run on real data generated through a biodiversity intervention in the year 2021 to favor the locally endangered Western Capercaillie (Tetrao urogallus) but was only testing the potential for CO2 certificates without creating them.