Third-party audit complete

Pina Earth launched one of the world’s first third-party audited forest adaptation projects🌲🌳

February 22, 2023 marks a big milestone for us at Pina Earth! On this day, we issued one of the world’s first third-party audited forest adaptation projects focused on increasing climate-resilience! Our third-party auditor TÜV Nord Cert GmbH officially validated that:

  • our methodology is in line with the ISO standard 14064-2 and follows the quality criteria of internationally recognized organizations such as IPCC and Verra,
  • the underlying data models for our conservative carbon estimations are based on scientifically sound and up-to-date sources and fully comprehensible, and
  • the result of our carbon sink performance simulation is accurate and appropriately conservative.

With this validation report, we now issue the first carbon credits from our lighthouse project “Luckaitz Valley”. In the area, more than 600 hectares of forest are dominated by 88% pines at the start of the project. It will now be restructured by (1) planting diverse tree species to increase structural and species biodiversity, (2) single-tree harvesting to make room for natural rejuvenation, and (3) wildlife management to prevent serious game damage to young trees. In total, 6 new species are introduced and biodiversity is projected to increase by 367% (Shannon-Index). Our novel approach removes barriers to scale climate projects.

Image from the project area "Luckaitz Valley"

Our third-party auditor, TÜV Nord Cert, qualified the project against carbon credit certification criteria under the ISO standard 14064-2. TÜV Nord Cert is a long-standing validator and certifier of climate protection projects and accredited by the German Accreditation Body (DAkkS) and the United Nations Framework Convention on Climate Change (UNFCCC). They also act as a VVB under Verra. To date, TÜV Nord Cert has already certified around 3000 projects (e.g. Clean Development Mechanism, Gold Standard etc).

The ISO standard 14064-2 specifies the guidelines for quantification, monitoring, and reporting of greenhouse gas emission reductions or removal enhancements. It includes requirements for planning a GHG project and identifying GHG sources, sinks and reservoirs (SSRs) relevant to the project and baseline scenario, and managing data quality.

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