Section 94 - Carbon Credits (Carbon Farming Initiative—Reforestation and Afforestation 2.0) Methodology Determination 2015 - Calculating closing carbon stock for a stratum based on full inventory

94 Calculating closing carbon stock for a stratum based on full inventory

(1) This section applies if:

(a) a full inventory has been conducted within a stratum no earlier than 6 months before the end of the reporting period; or

(b) closing carbon stock is to be calculated using Equation 5a in the circumstances described in subsection 56(1).

(2) The calculation of the closing carbon stock for a reporting period in which a full inventory has been conducted must:

(a) be carried out in accordance with Equation 5a; and

(b) incorporate a standard error calculation in accordance with Equation 5b.

(3) The closing carbon stock for a reporting period in which a full inventory has been conducted within a stratum must be calculated using the following formula:

| | Equation 5a |

=	closing carbon stock for the th stratum for the reporting period, in tonnes of CO2‑e (t CO2‑e).
=	mean plot carbon stock for plots within the th stratum for the reporting period in tonnes of CO2‑e per hectare (t.ha‑1 CO2‑e), calculated in accordance with Equation 11a.
=	land area in hectares (ha) occupied by the th stratum at the end of the reporting period.

(4) When calculating the closing carbon stock within a stratum for a reporting period in which this section applies, the standard error is to be calculated using the following formula:

| | Equation 5b |

=	standard error for closing carbon stock for the th stratum for the reporting period, in tonnes of CO2‑e (t CO2‑e).
=	standard error for mean plot carbon stock in the th stratum for the reporting period in tonnes per hectare of CO2‑e (t.ha‑1 CO2‑e), calculated in accordance with Equation 11b.
=	land area in hectares (ha) occupied by the th stratum at the end of the reporting period.

94Calculating closing carbon stock for a stratum based on full inventory

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