list of members:

1. Đỗ Nhật Anh
2. Lê Đức Hưng
3. Nguyễn Minh Hiếu
Answers:
Q1: What is the objective of the project?
● To evaluate the feasibility of developing a forest carbon project in Quang Tri Province
following an Improved Forest Management (IFM) project type and implemented by
private smallholder farmers growing acacia plantations, which could potentially be
certified to Forest Stewardship Council (FSC) standards.
● To outline possible further steps toward the development of such a forest carbon IFM
project in Vietnam in collaboration with selected non-governmental organizations
(NGOs) operating at local level.

Q2: Identify the geographical scope and time of the project (Hiếu)
Geo.Scope:
● The geographical scope of the forest carbon feasibility study in Quang Tri Province,
Except for the narrow piedmont coastal plains, the terrain is dominated by hills and
the Annamite mountains. The highlands, characterized by steep slopes, sharp crests
and narrow valley, are covered mainly by a dense broadleaf evergreen forest
● The province consists of 219,000 ha forest area, thereof 84,000 ha of plantations.
About 20,000 ha is managed by Forest Enterprises; 72,000 ha is managed by
peoples’ committees, including 17,000 ha of smallholder plantations having the
RedBook Certificate. Its estimated that roughly two third of the plantation area in
Quang Tri is managed by smallholders
Time of the project:
● The forest carbon feasibility study in Quang Tri Province, Vietnam was conducted
from January 2016 to December 2018. The study was funded by the IKEA
Foundation and the Norwegian Agency for Development Cooperation (NORAD).

Q3: What is/are the output(s) of the project

● Authorities can estimate project development costs; identify the risks of the project as
well as for the future projects
● Providing long-term financial viability for participants and could be developed to meet
the requirements of validation and verification against the VCS and CCB Standard.
● Calculating the value based on CBA and Increasing the aware of the importance of
getting carbon credits early
● contributing to the protection of the environment as well as to help Carbon forestry
projects in Viet Nam be able to meet internationally accepted and reliable standards.

Q4: Resources of the project

● The province has a total forest area of 1.2 million hectares, of which 30% is
degraded.
● The participations of the project : RA; WWF ; SNV ; RCFEE; farmers
● The province has a community forestry program that covers 200,000 hectares of
forest.
● The province has a number of businesses that are interested in purchasing carbon
credits, with a potential demand of 100,000 carbon credits per year.
 ● The cost of implementing a forest carbon project in the province is estimated to be
$1,000 per hectare.
● The average carbon sequestration rate for a forest carbon project in the province is
estimated to be 10 tons of carbon dioxide per hectare per year.
● The average price of a carbon credit is estimated to be $10 per ton of carbon dioxide.
Money: In the baseline scenario, costs were restricted to site preparation, planting, weeding
and harvesting. In the first five years the total costs (not discounted) were USD 502 per ha.
In the extended rotation scenario, the costs were over double that, at USD 1,082. The
additional costs (relative to only extending the rotation length) related to the carbon and FSC
components are relatively small. To obtain FSC certification would cost only an additional
USD 7 per ha in project development costs and USD 39 per ha in upfront investment. To
add a project component which realizes carbon credit benefits would approximately double
the upfront investment costs to USD 61 per ha.