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3.5 Net Carbon Sequestration

What is Net Carbon Sequestration?

Net carbon sequestration is the total amount of carbon sequestered by the project which can be converted into carbon units.  These are divided between the risk-based proportion that will contribute to the shared WCC buffer and the claimable carbon sequestration which is the amount the project can sell or claim.

Net Carbon Sequestration = Project Carbon (3.4) + Leakage (3.3) - Baseline (3.2)

The predicted number of carbon units by vintage shall be identified according to the project's verification schedule.  These shall be divided into the contribution to the WCC PIU buffer and the claimable carbon sequestration.