The General Crediting Protocol is a must-read document for all market participants (managers, buyers, sellers, and third parties) as it provides the basic process and framework they need to develop, sell, and buy ecosystem credits.
The Protocol lays out the standard rules, methods, and processes are essential for legitimately translating ecological data into a “credit” that can legally offset an impact in the Willamatte Basin Ecosystem Marketplace. It describes an integrated, functions-based accounting system that includes the rules governing trades and the metrics required for quantifying ecosystem benefits and impacts. It outlines crediting and debiting and the principles on which it is founded.