ICR
Under development

Sveinatunga

Sveinatunga Sanddalur SP1

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Project Information

Est. annual mitigations

939t CO2-e

Project Status
Under development
Project Owner
Project Type
Sequestration / Removal
Sector
Afforestation and reforestation
Methodology
FCC
Project Description

The primary aims of this afforestation project are carbon sequestration and soil protection. The project is situated in a new forestry area spanning 186 hectares at the mouth of the Sanddalur valley on the Sveinatunga farm in Norðurárdal, West Iceland. It is located 40 kilometers inland and ranges in elevation from 80 to 290 meters above sea level. The forestry area, known as SP1, encompasses a relatively steep terrain. It consists of a mixture of mossy and gravel areas and relatively fertile ground, making it well suitable for cultivating species such as pine, birch, and larch that require less demanding conditions. Historically, the area was utilized for agriculture. Extensive sheep grazing over the centuries has caused damage to the land, prompting its designation solely for forestry purposes.

Validation Body
Validation Criteria
Forest carbon code
ÍST TS 92:2022
Validation Body

Validation Criteria
Forest carbon code
ÍST TS 92:2022

Media

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Location

Country
Iceland
City
Norðurárdalur
Address
Sveinatunga
Geographical Region
Europe
Coordinates
64.85997570160374, -21.26484762579244
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Credits
All credit information, issuances, retirements and holders.
Est. Yearly Average
958
t CO2-e per year
Est. Total
48K
t CO2-e
Crediting Start Date
OCT 1 '24
Crediting Period
50 Years

Sustainable Developement Goals

Climate Action

Take urgent action to combat climate change and its impacts

Additionality

Level 1 additionality

ISO 14064-2 GHG emissions additionality. GHG emission mitigations are additional to the baseline scenario.

Level 2a additionality

Statutory additionality. The project implements actions that go beyond statutory requirements.

Level 4b additionality

Financial additionality. Carbon credit revenues are the major or only source of revenues

Project Insights

People

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