Forestry Pack V 3.0 -

The primary goal of this protocol is to provide a rigorous framework for quantifying the net climate benefits of activities that sequester carbon on forestland. It serves as a guide for project eligibility, calculation methods for greenhouse gas (GHG) reductions, and monitoring requirements.

Modern forestry management must address several high-impact stressors: Forest, Land and Agriculture (FLAG) Forestry Pack v 3.0

: A 10% annual reduction in deforestation is required to stay on track for 2030 global climate goals. The primary goal of this protocol is to

: Activities that increase carbon stocks on land already designated as forest. : Activities that increase carbon stocks on land

: Deforestation and degradation currently drive up to 20% of global anthropogenic emissions.

: In 2021, the average price for forest carbon credits ranged from $4.70 to $15 per ton of CO2. 3. Management and Protection Challenges