Þessar ungu dömur (Davíðsdætur) ætla að sjá til þess að skógurinn á Davíðsstöðum muni vaxa og dafna í framtíðinni.

IMG_1471001.jpg

Baseline additionality. Compared to the baseline scenario the project needs to mitigate climate change. That is the project must implement actions that are additional to what would occur compared to the baseline.

Level 1 additionality

Statutory additionality. The project must implement actions that are beyond requirements stipulated in local legislation or regulations. Projects are statutory additional if their implementation and/or operation is not required by any law, statute, or other regulatory framework, agreements, settlements, or other legally binding mandates requiring implementation and operation or requiring implementation of similar measures that would result in the same mitigations in the host country.

Level 2a additionality

Financial additionality II. The project is financially additional if it faces significant financial limitations that revenues from the sale of carbon credits mitigates or are revenues due to the sale of carbon credits are the only source of revenues. When carbon credit revenues are a precondition for the implementation of the project and/or carbon credit revenues are essential in maintaining the project operations and ongoing financial viability post-implementation, then they are considered to be financial additional II.

Level 4b additionality

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

SDG 8: Decent Work and Economic Growth

Take urgent action to combat climate change and its impacts

SDG 13: Climate Action

Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss

SDG 15: Life on Land

Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development

SDG 17: Partnerships for the Goals

Afforestation and reforestation

Davíðsstaðir is home to a 150-hectare forestry project focused on carbon sequestration. In the summer of 2023, approximately 280,000 trees—spruce, pine, and aspen—were planted in the area, which was predominantly covered by moss heath and sparse heather moorland.

Sequestration, removal and storage of carbondioxide (CO2) from the earth´s atmosphere.

Davíðsstaðir

Iceland

Afforestation and reforestation

FCC

Yggdrasill Carbon ehf.

Iceland