Publications

Building synergies between sustainable forest management certification and carbon certification: what bases are there and for what impact?

5 July 2018 - Climate Report - By : / Valentin BELLASSEN / Cyril BRULEZ

What is carbon certification for a forestry project? What is the difference with sustainability certification? How do these different frameworks interact and what synergies can be built?

Coming from the work of the Club Carbone Forêt Bois, led by I4CE, this study answers these various questions by presenting the characteristics and issues related to sustainable management certifications (e.g. PEFC and FSC) and carbon certifications (e.g. VCS (now Verra), Gold Standard, etc.).

A certification framework aims to overcome information asymmetry between producers and consumers of services or goods, by offering guaranteed information on the production chain.

In the case of a company wishing to offset part of its emissions, carbon offset standards guarantee the sequestration service rendered by a forest and attributable to the forest manager. In the case of the purchase of a wood product, sustainable forest management labels attest to the respect of social and environmental criteria in forest management and wood processing.

 The area under certified sustainable forest management is modest worldwide (about 10%) but represents 15 times the forest area engaged in certified carbon offset projects. These two types of certification have different objectives but often promote similar silvicultural practices and the types of stakeholders, forest manager, State, auditor, NGO, etc. involved in both frameworks overlap quite widely.

While both types of certification aim to promote better forest management, their objectives and the indicators taken into account differ :

  • Carbon certification estimates precisely the carbon gain and especially its additionality, i.e. the absence of windfall effect.
  • Sustainable management certification does not certify these two points but attests to the implementation of environmentally friendly practices and a continuous improvement approach to forest management.

These differences impact the elements audited to obtain certification.

The economic incentive given by the two types of certification is also different: premium on the selling price of wood on the one hand and revenue generated by the sale of carbon credits on the other. The costs associated with carbon certification are also higher than those associated with sustainable management certification, but it also allows the owner to generate much higher and earlier revenues as soon as the sale of carbon credits begins.

Currently, few concrete links exist between the two types of certification, even though their scope is becoming more uniform and closer connections are developing: for example, the Forest Stewardship Council (FSC) submitted guidelines in 2017 to “demonstrate the impact of forest management on ecosystem services“, including carbon, while carbon certification standards such as the Gold Standard allow dual certification with the FSC to demonstrate compliance with different sustainable management criteria.

The implementation of joint audits is an option for reducing certification costs often mentioned, but the gain in time is limited around 20%, according to experience with dual certification in agriculture.

 

 

Building synergies between sustainable forest management certification and carbon certification: what bases are there and for what impact? Download
To learn more
  • 12/19/2024 Op-ed
    The EU’s research & innovation programme can power a cleantech revolution

    Translating innovation into world-leading industries is critical, and FP10, the EU’s next flagship R&D funding programme after Horizon Europe concludes, offers a chance to bridge this gap. The Green Deal era saw Europe embrace ‘Cleantech 2.0’, with record investments and new projects. Yet 2024 has brought a reckoning. Slowing demand in sectors like heat pumps and electric cars, Chinese industrial overcapacity, and attractive subsidies in the US and Canada have left European cleantech struggling to compete. Closures, layoffs, and stalled projects – including the high-profile collapse of Swedish battery maker Northvolt – have shaken the sector. The EU’s Net Zero Industry Act and the upcoming Clean Industrial Deal aim to support cleantech manufacturing, but catching up isn’t enough. To lead globally, the EU must focus on the next wave, including new battery chemistries and next-gen renewables – ‘Cleantech 3.0.’

  • 12/11/2024
    Leveraging the Prudential Toolkit for Effectively Managing Stranding Risks: A focus on the European Banking Industry

    As the European economy decarbonizes, economic assets across sectors are at risk of stranding or repricing from transition pressures. Yet private financial institutions, particularly banks, often narrowly focus on fossil fuel credit losses using historical data, underestimating broader ‘whole of economy’ stranding risks. Risk mitigation in the form of prudential capital buffers and loss provisions […]

  • 12/06/2024 Foreword of the week
    COP29 delegates have left Baku, but the financing challenge remains

    The COP29 in Baku was supposed to breathe new life into North-South climate cooperation through the negotiation of the new NCQG financing target. Instead, confrontational negotiations produced a half-hearted agreement, and the onerous task of charting a path to bridge the resource gap before the next COP.

See all publications
Press contact Amélie FRITZ Head of Communication and press relations Email
Subscribe to our mailing list :
I register !
Subscribe to our newsletter
Once a week, receive all the information on climate economics
I register !
Fermer