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Permanence
Definition:
Permanence is the longevity of a carbon pool and the stability of its stocks, given the management and disturbance environment in which it occurs. A feature of land-based carbon projects is the possibility of a reversal of carbon benefits from either natural disturbances (e.g., fires, disease, pests, and unusual weather events), or from the lack of reliable guarantees that the original land use activities will not return after the project concludes. Strategies have been identified that mitigate potential reversals such as the non-permanence risk analysis and buffer approach adopted or the establishment of contingency offsets, insurance, conservation easements, and mixed portfolios of projects.
Source:
Verified Carbon Standard
Category:
General Carbon Accounting Methodology Vocabulary
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Carbon Finance Lexicon
The text is derived from the Finance and Carbon Markets Lexicon prepared by the Forest Carbon, Markets and Communities (FCMC) Program and Tetra Tech ARD and reviewed by the United States Agency for International Development (USAID).
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CARBON FINANCE LEXICON
Afforestation, Reforestation and Revegetation Methodology Vocabulary
Agriculture Land Management Methodology Vocabulary
Avoided Conversion of Grasslands and Shrublands Methodology Vocabulary
Carbon Pools Vocabulary
General Carbon Accounting Methodology Vocabulary
Improved Forest Management Methodology Vocabulary
Peat Rewetting and Conservation Methodology Vocabulary
Performance Vocabulary
Reducing Emissions from Deforestation and Degradation Methodology Vocabulary
Regulatory and Accounting Vocabulary
Risk Management Vocabulary
Valuation Vocabulary
Acronyms and Abbreviations
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