Landeigandi og félagar stóðu sig eins og hetjur í girðingarvinnu í sumar, stóðu vaktina í öllum veðrum og pössuðu að verkið færi fram að sóma.&#x20;

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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

Europe

Þverá

Ensure healthy lives and promote well-being for all at all ages

SDG 3: Good Health and Well-being

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

Afforestation and reforestation

In the summer of 2024, work began on an approximately 160-hectare afforestation project on the property Þverá, located in Norðurþing.
Around 400,000 trees are planned for planting on the site, including birch, larch, and pine.
Approximately 330,000 trees were planted during the summer of 2024, and planting is expected to be completed in the summer of 2025/2026.

Sequestration or removal and storage of carbon dioxide (CO2).

Þverá, Norðurþing

Iceland

Afforestation and reforestation

FCC

Yggdrasill Carbon ehf.

Iceland