New open-access FRESCOS Tool launched for accounting the carbon sequestration in forestry projects
Four European development finance institutions (DFI) – CDC Group (UK), Finnfund (Finland), FMO (Netherlands), and Swedfund (Sweden) – together with Simosol, an IT company, have today launched the FRESCOS Tool , a web-based, open-access tool to account for the carbon sequestration of afforestation and reforestation projects.
The overall goal of the FRESCOS Tool is to better account and analyse the carbon balance of forestry and agroforestry projects. This information can then be further used to estimate the annual net emissions of an investment portfolio. However,