Here are some key points summarized:
1. Carbon removals and soil emission reductions, these activities includes:
Permanent carbon removals (capturing atmospheric/biogenic carbon for several centuries)
Carbon storage in long-lasting products (minimum 35-year storage)
Carbon farming activities (minimum 5-year commitment for forest and soil management)
2. For certification, activities must meet four overarching criteria:
Demonstrate quantified net carbon removal benefit or net soil emission reduction benefit
Be additional beyond existing requirements and need certification for financial viability
Ensure long-term carbon storage while minimizing release risks
Should not pose environmental harm and contribute to sustainability goals
In addition, actitivies eligible for certification will need to be independently verified by third-party certification bodies
