There are a growing number of project developers, all with the common interest of enabling the delivery of climate change and biodiversity collapse reversal whist ensuring the land manager is rewarded for enacting positive change. Project developers can also design and monitor corporation climate and net zero journey claims, putting them forward to the UKCCC for approval.
The first thing a project developer will do is to walk over the landholding and come up with ideas of what can be done. From a move to regenerative agriculture, tree planting and wetland creation to biochar production and use, agroforestry and habitat creation there is the opportunity to issue and sell credits from all natural capital assets where a positive change has taken place
Once it has been decided what the project will set out to achieve the next step is to measure the baseline. This involves testing soil, establishing the current net CO2 position of the business and conducting a biodiversity assessment. The UKCCC only issues credits calculated through real and measured outcomes
Working with the project host and developer a detailed report is written using a range of templates. The project developer will gather everything required to forward to the UKCCC Commissioner for comment and approval. All required project development paperwork is assessed by a third party auditor before being passed to the UKCCC for final approval.
In the approval process the UKCCC establishes the number of credits that can be issued. Some will be needed to get the landholding business to net zero. Once net zero has been established the UKCCC will certify that position and it can be used by the landholding to sell produce at net zero into their supply chains, satisifying customers scope 3 emissions
Once the number of remaining carbon credits has been established the remainder are forwarded to an approved block chain enabled tracking system and market place to be sold at a time of the project hosts choosing
Each year an annual monitoring report is completed by the project developer. This is an opportunity to walk the landholding, discuss the projects progress and work out things can be improved or further developed to continually optimise the opportunity to sequester more CO2 and improve biodiversity habitats