Project Description: VCS Version 4.0 JILIN LONGJING IFM (CONVERSION OF LOGGED TO PROTECTED FOREST) PROJECT Guangzhou Guotan Assets Management Co., Ltd Add: Room 913, Tianan Developing Building, Tianan-TEP, No.555 Panyu Dadao North, Panyu District, Guangzhou, Guangdong Region, P.R.China Tel: +86 20 22885839 Project Title Jilin Longjing IFM (conversion of logged to protected forest) Project Version 4.0 Date of Issue 19/10/2021 Prepared By Guangzhou Guotan Assets Management Co., Ltd Contact Room 913, Tianan Developing Building, Tianan-TEP, No.555 Panyu Dadao North, Panyu District, Guangzhou, Guangdong Province, P.R.China Tel: +86 020 22885839, E-mail: zsh@guotanzichan.com Website: www.guotanzichan.com 1 V4.0 Project Description: VCS Version 4.0 CONTENTS 1 2 3 4 Project Details ........................................................................................................................... 4 1.1 Summary Description of the Project ................................................................................................................... 4 1.2 Sectoral Scope and Project Type ........................................................................................................................ 4 1.3 Project Eligibility .................................................................................................................................................. 5 1.4 Project Design ..................................................................................................................................................... 5 1.5 Project Proponent ............................................................................................................................................... 5 1.6 Other Entities Involved in the Project ................................................................................................................. 6 1.7 Ownership ........................................................................................................................................................... 6 1.8 Project Start Date................................................................................................................................................ 6 1.9 Project Crediting Period ...................................................................................................................................... 6 1.10 Project Scale and Estimated GHG Emission Reductions or Removals .............................................................. 7 1.11 Description of the Project Activity ....................................................................................................................... 8 1.12 Project Location ................................................................................................................................................ 10 1.13 Conditions Prior to Project Initiation ................................................................................................................. 11 1.14 Compliance with Laws, Statutes and Other Regulatory Frameworks .............................................................. 12 1.15 Participation under Other GHG Programs ........................................................................................................ 12 1.16 Other Forms of Credit ....................................................................................................................................... 12 1.17 Additional Information Relevant to the Project ................................................................................................ 13 Safeguards .............................................................................................................................. 14 2.1 No Net Harm ..................................................................................................................................................... 14 2.2 Local Stakeholder Consultation ........................................................................................................................ 14 2.3 Environmental Impact ....................................................................................................................................... 15 2.4 Public Comments .............................................................................................................................................. 15 2.5