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Managing Permanence in the BioCarbon Fund

This paper summarizes how the BioCarbon Fund proposes to handle the risk of non-permanence in its land use and forestry projects, i.e., the risk that a carbon sink having delivered emission reductions may deteriorate or be deliberately depleted over the long term. The paper describes the cost effective measures that would be taken at the portfolio and project levels. These measures integrate the CoP9 provisions on temporary crediting.

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