Forest carbon project safeguard
Description
This repository contains the data structure, self-generated safeguard rating, and analysis code used in a study of whether stronger environmental and social safeguards are associated with better market uptake in forest carbon projects. The underlying research examines Verra forest projects and tests whether safeguard strength is linked to transaction-based market outcomes, particularly the timing of credit retirement, after accounting for other project quality signals such as greenhouse gas (GHG) performance and co-benefits. The core hypothesis is that projects with stronger safeguards may be more attractive to buyers and therefore experience faster market absorption.
Files
Steps to reproduce
1. Users need to populate the Excel files ‘forest_carbon_project_transactions.xlsx’ and ‘forest_carbon_project_safeguard.xlsx’ provided in this repository files with the relevant source data (e.g. from Calyx Global and CarbonPlan) themselves. 2. Open 'code.ipynb' and replace the example file paths with the paths to your own datasets where needed, and run.