Verra Announces Innovative, High-Integrity Afforestation, Reforestation and Revegetation ...

A new way of determining how much carbon dioxide is released into the atmosphere thanks to tree-planting projects around the world could have a huge impact on the carbon market, the New York Times reports.

According to a press release, the Verified Carbon Standard program, run by environmental group Verra, has come up with an "innovative new Afforestation, Reforestation, and Revegetation" methodology that relies on remote sensing to determine how much trees have been planted and how much carbon dioxide has been released into the atmosphere.

"This new methodology will ensure the generation of high-quality nature-based removal credits, utilizing a dynamic performance benchmark approach that relies on remote sensing of matched control points to establish crediting baseline and test additionality," Spencer Plumb, manager of Verra's Forest Carbon Innovation unit, says in the press release.

The new methodology will be used to determine how much carbon dioxide is released into the atmosphere when a tree is planted and how much carbon dioxide has been released into the atmosphere when it is removed from the forest.

Verra says the new methodology will be used to determine how much carbon is released into the atmosphere when a tree is planted and how much carbon has been released into the atmosphere when it is removed from the forest.

According to

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