GUANGXI CENXI IFM (CONVERSION OF LOGGED TO PROTECTED FOREST) PROJECT Guangzhou Guangtan Carbon Emission Development & Investment Co., Ltd Add: Room 801, Pearl River International Building, No.112 Yuehua Road, Yuexiu District, Guangzhou, Guangdong Region, P.R.China Tel: +86 20 83173681 Project Title Version Date of Issue Guangxi Cenxi IFM (conversion of logged to protected forest) Project 02 31-May-2022 Prepared By Guangzhou Guangtan Carbon Emission Development & Investment Co., Ltd Contact Room 801, Pearl River International Building, No.112 Yuehua Road, Yuexiu District, Guangzhou, Guangdong Province, P.R.China Tel:+86 20 83173681, Email: info@gzguangtan.com Website: www.gzguangtan.com CONTENTS 1 PROJECT DETAILS ............................................................................................ 1 1.1 Summary Description of the Project ..................................................................................... 1 1.2 Sectoral Scope and Project Type ......................................................................................... 1 1.3 Project Eligibility .................................................................................................................... 2 1.4 Project Design....................................................................................................................... 4 1.5 Project Proponent ................................................................................................................. 4 1.6 Ownership ............................................................................................................................. 5 1.7 Project Start Date.................................................................................................................. 6 1.8 Project Crediting Period ........................................................................................................ 6 1.9 Project Scale and Estimated GHG Emission Reductions or Removals............................... 7 1.10 Description of the Project Activity ......................................................................................... 8 1.11 Project Location .................................................................................................................... 9 1.12 Conditions Prior to Project Initiation ................................................................................... 12 1.13 Compliance with Laws, Statutes and Other Regulatory Frameworks................................ 12 1.14 Participation under Other GHG Programs.......................................................................... 17 1.15 Other Forms of Credit ......................................................................................................... 17 1.16 Additional Information Relevant to the Project ................................................................... 17 2 SAFEGUARDS .................................................................................................. 18 2.1 No Net Harm ....................................................................................................................... 18 2.2 Local Stakeholder Consultation .......................................................................................... 19 2.3 Environmental Impact ......................................................................................................... 20 2.4 Public Comments ................................................................................................................ 20 2.5 AFOLU-Specific Safeguards............................................................................................... 21 3 APPLICATION OF METHODOLOGY ................................................................ 24 3.1 Title and Reference of Methodology................................................................................... 24 3.2 Applicability of Methodology ............................................................................................... 24 3.3 Project Boundary ................................................................................................................ 25 3.4 Baseline Scenario ............................................................................................................... 29 3.5 Additionality...............................................................................................................