Document ID: chunk:federal_register_of_legislation:F2018L00560:clause:1_1
Version: federal_register_of_legislation:F2018L00560
Segment Type: clause
Provision Reference: sch 1 cl 1
Character Range: 65497–67777

1  Simplified outline of this Schedule

      If the project proponent elects to calculate the adjusted contribution to the net abatement amount for the project area from emissions avoidance for calendar year y of the reporting period, AEA,adj,y in equation 1, without using SavBAT 3, the amount is calculated as follows.
      First, the contribution to the net abatement amount for the project area from emissions avoidance in the project area for the calendar year, AEA, is calculated. This is calculated as the difference between the mean annual emissions from savanna burning over the baseline period, and the emissions from savanna burning during that year. The calculations are based on the vegetation fuel type map, factors taken from the National Inventory Report and the savanna technical guidance document, and various factors calculated from seasonal fire maps. Calculations of annual fuel loads in the project area take account of dead organic matter that accumulates each year in the project area as a result of undertaking the project.
      Then, from AEA, the adjusted contribution to the net abatement amount for the calendar year, AEA,adj, is calculated. The adjustment manages the risk of the project containing some years in which emissions are higher than the mean annual baseline emissions, and involves apportioning the amount AEA between the adjusted contribution AEA,adj and an 'uncertainty buffer'. Generally, the uncertainty buffer starts at zero (unless the project area is a transferring project area). The uncertainty buffer is capped at a maximum, BU,Cap, which is equal to 5 per cent of the mean annual baseline emissions. The uncertainty buffer is subtracted from in years in which AEA is less than zero. For years in which AEA is greater than zero, the uncertainty buffer is generally added to, subject to its reaching the maximum, BU,Cap.
      The value of the uncertainty buffer cap, BU,Cap, and values relating to the baseline period, are re‑calculated each year, and will potentially change from year to year. Changes to these values might arise, for example, if documents that are referred to as in force from time to time are modified, if the vegetation fuel type map is revised, or if project areas are divided.
Division 2—Calculations