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:
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.
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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