# TCR Carbon Standard

The **TCR Carbon Standard**, developed by Carborea SB Srl, is a **structured and rigorous framework** designed for the **calculation of carbon sequestration and greenhouse gas (GHG) emission offsets** within the **Voluntary Carbon Market (VCM)**. Its primary objective is to **support and facilitate Afforestation and Reforestation (A/R) projects and sustainable agricultural practices**, providing requirements, criteria and practices for generating **verifiable carbon credits**.

The standard aims to address the criticalities of the VCM, such as limited transparency and fragmentation, by leveraging **blockchain technology** to ensure **transparency, traceability and integrity** throughout the carbon credit certification process. It is founded on key principles such as **Additionality** (ensuring that reductions would not have occurred without the intervention) and **Permanence** (ensuring long-term carbon sequestration). It contributes to **reducing overall CO₂ emissions**, **promoting the sequestration of atmospheric carbon** and aligning with international climate objectives, while fostering **environmental integrity** and generating **social and economic benefits** for local communities.

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#### Summary of TCR Carbon Standard Chapters

* **1. Introduction**: Presents Carborea and its mission of blockchain innovation for sustainability, the development context of the TCR Carbon Standard for the Voluntary Carbon Market (VCM) with a focus on Afforestation and Reforestation (A/R) projects, and how the standard aims to overcome VCM challenges through methodological rigour and transparency.
* **2. Terms and Definitions**: Provides a glossary of key terms such as "TCR Carbon Standard", "Afforestation", "Reforestation", "Carbon Credits", "Additionality", "Permanence" and "Blockchain Technology", essential for a clear understanding of the methodology.
* **3. Principles**: Outlines the four fundamental principles guiding the TCR Carbon Standard: **Environmental Integrity** (protecting ecosystems), **Associated Social and Economic Benefits** (local development and inclusion), **Permanence and Additionality** (authenticity and durability of reductions) and **Transparency and Accountability** (independent verification and accountability).
* **4. Methodology for A/R Projects**: Describes the systematic approach for assessing, measuring and verifying carbon sequestration in A/R projects. Includes the phases of project eligibility, estimation of reference emissions (baseline), additionality assessment, carbon accounting (considering biomass growth/decay), loss and permanence management (including the buffer), climatic and pollution factors, and the importance of Monitoring, Reporting and Verification (MRV), including the use of aerial and satellite data supported by Machine Learning and Artificial Intelligence.
* **5. Project Eligibility and Requirements**: Details the rigorous criteria that projects must meet for onboarding and credit issuance, including information on the applicant and project, proof of additionality, long-term commitment (minimum 20 years), absence of intentional deforestation, use of native or non-invasive vegetation and absence of prior credits to avoid double counting. Risk mitigation measures in case of project damage are also outlined.
* **6. The Role of Blockchain Technology**: Illustrates how blockchain is fundamental to ensuring accuracy and reliability in carbon credit issuance, through the use of Smart Contracts for methodology approval and verification, real-time data for monitoring, automated issuance, notarised retirement and an immutable public registry for transparency and traceability.
* **7. Market and Stakeholder Engagement**: Emphasises the importance of active participation by governments, businesses, NGOs, investors and local communities through education, incentives, transparency, local involvement and international collaboration for the success and sustainability of the carbon credit market.
* **8. Governance and Administration**: Describes the management structure of the TCR Carbon Standard, including the Governing Body (Steering Committee, Technical Evaluation Group, Transparency and Compliance Council), the Standards Secretariat, periodic review processes and a system for conflict resolution and appeal mechanisms.
* **9. Compliance with Existing Standards**: Highlights the TCR's commitment to harmonisation with the main voluntary carbon market standards, such as Verra VCS, Gold Standard, ISO 14064-2 and the UNFCCC CDM, to ensure the integrity and interoperability of credits issued.
* **Conclusions**: Summarises the TCR's alignment with climate action, its focus on Additionality, the transparent and interdisciplinary approach, risk mitigation mechanisms, emphasis on community consensus and environmental restoration, and Carborea's long-term commitment to sustainability and collaboration in the VCM.
* **References**: Lists the UNI EN ISO standards, UNFCCC, IPCC, FSC, VCS and EC regulations that form the methodological and scientific basis of the standard.

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