13

13   Additional adjustments for transferring sequestration projects

1.     For projects transferring from the Carbon Credits (Carbon Farming Initiative—Savanna Fire Management—Sequestration and Emissions Avoidance) Methodology Determination 2018 to this instrument, the contribution to the net abatement amount from sequestration for a calendar year, ASeq, in tonnes CO2‑e,, for the first calendar year of the first reporting year is given by the following equation:

   where:

Cy is the deemed net carbon stock for the project at the end of the calendar year y, in tonnes CO2­­‑e, from SavCAM.

C̄B is the mean baseline carbon stock, in tonnes CO2­­‑e—from equation 9.

DSeq is the sum of ASeq for all years that the project as reported having been calculated under the Carbon Credits (Carbon Farming Initiative—Savanna Fire Management—Sequestration and Emissions Avoidance) Methodology Determination 2018.

R is the release mechanism value as calculated in accordance with clause 7.

 

1.     For projects transferring from the Carbon Credits (Carbon Farming Initiative—Savanna Fire Management—Sequestration and Emissions Avoidance) Methodology Determination 2018 to this instrument, the contribution to the sequestration bank, SB, during the first reporting year, in tonnes CO2‑e, is given by the following equation:

   where:

Cy is the deemed net carbon stock at the end of the calendar year, in tonnes CO2­-e, from SavCAM.

C̄B is the mean baseline carbon stock, in tonnes CO2­­‑e—from equation 9. 

DSeq has the same value as in subclause (1).