CCB & VCS PROJECT DESCRIPTION: CCB Version 3, VCS Version 3 PUWANGZI AFFORESTATION PROJECT Document Prepared By Guizhou Yuanda Carbon Forestry Development Co., Ltd Project Title Version Date of Issue Project Location Puwangzi Afforestation Project 01 05-March-2022 Guizhou Province, China Guizhou Yuanda Carbon Forestry Development Co., Ltd. Project Proponent(s) Contact: Quan Facai Email: yuandakaben@163.com Phone: +86-18984198974 Guizhou Yuanda Carbon Forestry Development Co., Ltd. Prepared By Contact: Quan Facai Email: yuandakaben@163.com Phone: +86-18984198974 CTI International Certification Validation Body Contact: Lin Shunrong Email: linshunrong @cti-cert.com Phone: +86- 159 1090 3489 Project Lifetime GHG Accounting Period 10-September-2019~09-September-2049; 30-year lifetime 10-September-2019~09-September-2049; 30-year total period History of CCB Status N/A Gold Level Criteria N/A Expected Verification Schedule CCB v3.0, VCS v3.3 N/A 1 CCB & VCS PROJECT DESCRIPTION: CCB Version 3, VCS Version 3 Table of Contents 1 2 3 4 5 Summary of Project Benefits............................................................................................ 3 1.1 Unique Project Benefits ................................................................................................................. 3 1.2 Standardized Benefit Metrics ......................................................................................................... 4 General............................................................................................................................... 8 2.1 Project Goals, Design and Long-Term Viability ............................................................................. 8 2.2 Without-project Land Use Scenario and Additionality ................................................................. 36 2.3 Stakeholder Engagement ............................................................................................................ 38 2.4 Management Capacity ................................................................................................................. 46 2.5 Legal Status and Property Rights ................................................................................................ 49 Climate ..............................................................................................................................53 3.1 Application of Methodology .......................................................................................................... 53 3.2 Quantification of GHG Emission Reductions and Removals ....................................................... 60 3.3 Monitoring .................................................................................................................................... 73 3.4 Optional Criterion: Climate Change Adaptation Benefits ............................................................. 91 Community .......................................................................................................................91 4.1 Without-Project Community Scenario .......................................................................................... 91 4.2 Net Positive Community Impacts ................................................................................................. 94 4.3 Other Stakeholder Impacts .......................................................................................................... 99 4.4 Community Impact Monitoring ..................................................................................................... 99 4.5 Optional Criterion: Exceptional Community Benefits ................................................................. 103 Biodiversity.....................................................................................................................104 5.1 Without-Project Biodiversity Scenario ........................................................................................ 104 5.2 Net Positive Biodiversity Impacts ............................................................................................... 105 5.3 Offsite Biodiversity Impacts........................................................................................................ 109 5.4 Biodiversity Impact Monitoring ................................................................................................... 109 5.5 Optional