Full project name: Carbonsafe Program Standards and Methodology for Improving and Reporting the Level of Sequestered Carbon in the Soil in the Agricultural Sector

Verifier: EARTHOOD https://www.earthood.com/

Description of the project: The project is being developed on the territory of the Republic of Bulgaria and is aimed at the agricultural community, helping to remove emissions of the greenhouse gas carbon dioxide (CO2) from the atmosphere and helping its storage in the soil in the form of carbon (C), improving soil health and biodiversity, environmental and climate protection.

Project details: Eligible areas 90,84 ha, minimum and maximum requirements for the allocation of plots and cells, eligible participants - registered farmers; groups of farmers.

Project owner under the Carbonsafe program with ID No. BCCR-00005- CSBG-41SW-22/27-AGRI-0006: PROIZVODITEL YOTIN EOOD

The agricultural holdings of PROIZVODITEL YOTIN EOOD are located in the Southwestern Planning Region of Bulgaria in the lands of the villages of Benkovski, Mirkovo and Smolsko.

The farm grows annual and perennial crops. Prior to the farm's inclusion in the CARBONSAFE Carbon Farming Program, none of the CARBONSAFE Program recommended practices for annual and perennial crops were applied.

Crediting period (dd/mm/yyyy): 19.01.2023 - 19.01.2028

Buffer Pool Allocation: 5% of Issued Project Credits

Buffer Pool Project Credits: 46

For the purposes of the project's permanence, the Methodology provides for the retention of a 5% buffer, which is non-tradable.

The buffer serves to offset any decrease in SOC levels in regions where certificates have been granted previously. At the end of the crediting period, SOC levels may have risen, remained constant, or declined, as determined by evaluating the overall balance at the project participant level. Any reduction in SOC levels observed after the project's conclusion was categorized as a leakage.

EARTHOOD assessed that the buffer is reserved for all the positive cells eligible for carbon certificates for the current monitoring period, and the same can be confirmed by the PR0205- Recapitulation of checklist for Joint Validation & Verification Report calculating Sequestered Carbon (SOC) in Soil from Removed Greenhouse Gas Carbon Dioxide (CO2) Emissions.