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FAQ 4.2.1 - Do carbon offsets generated by forests fall within the definition of agricultural produce?
Publication date: 03 Mar 2023
uk In depth INT2023-02
No. Carbon offsets generated by the trees do not meet the definition of agricultural produce because they are not a ‘harvested produce’ from the trees. By nature, carbon offsets lack physical substance. The certification of a carbon offset due to the capture of a tonne of carbon does not represent a harvest from the trees.
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