With the approval of the interministerial decree adopting the Guidelines for the implementation of the National Public Registry of Voluntary Carbon Credits generated by the forestry sector, Italy takes a decisive step towards a credible and transparent voluntary carbon market. This milestone has also been achieved thanks to the LIFE ClimatePositive project, coordinated by Etifor.

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With the approval of the interministerial decree adopting the Guidelines for the implementation of the National Public Registry of Voluntary Carbon Credits generated by the forestry sector, Italy takes a decisive step towards a credible and transparent voluntary carbon market.<\/em>
\nThis milestone has also been achieved thanks to the LIFE ClimatePositive project, coordinated by Etifor.<\/em><\/p>\n<\/div>

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In Italy, more than 10 million hectares of forests<\/strong> can generate value and provide services not only for forest managers and landowners, but also for companies investing in projects that deliver measurable benefits for climate and biodiversity<\/strong>. Forests are a strategic resource: they absorb CO\u2082, regulate the water cycle, safeguard biodiversity, and create economic opportunities linked to their multifunctionality.<\/p>\n

The interministerial decree signed on 16 October<\/strong> approves the Guidelines defining the criteria for implementing the National Public Registry of Voluntary Carbon Credits generated by the agricultural and forestry sectors \u2013 Forestry Section<\/strong>.
The document sets out the criteria, rules, and procedures<\/strong> for the generation, accounting, and certification of credits voluntarily produced by Italy\u2019s forestry sector.<\/p>\n


The National Registry of Forest Carbon Credits<\/strong> will be an online platform<\/strong> collecting projects and managing transactions transparently. It will become fully operational only after the publication\u2014through a decree by the Minister of Agriculture, Food Sovereignty and Forestry (Masaf)\u2014of the procedures and modalities for registration, updating, and control of credits, which are currently being drafted.<\/p>\n

This represents a paradigm shift<\/strong> for those wishing to implement carbon sequestration projects in Italian forests that go beyond legal obligations<\/strong>.
Today, about 90% of carbon credits purchased in Italy come from abroad<\/strong>: the absence of a national registry, along with transparent and reliable methodologies for generating and trading credits, has slowed the development of the domestic market, unlike in other European countries such as France and Spain.<\/p>\n

With these new Guidelines, it finally becomes possible to officially measure<\/strong> how much CO\u2082 is absorbed by interventions carried out in Italian forests and to respond to the growing demand from companies and citizens for certified, locally based initiatives<\/strong>.<\/p>\n

These Guidelines for the recognition of carbon credits<\/a> not only ensure greater transparency<\/strong> of the system but also align with the European climate policy framework<\/strong>\u2014from the Green Deal<\/strong> and the Paris Agreement (2015)<\/strong> to Regulation (EU) No. 2024\/3012<\/strong> (the Carbon Removals and Carbon Farming Regulation \u2013 CRCF<\/strong>), which aims to establish a common European voluntary framework<\/strong> for certifying carbon removals.<\/p>\n<\/div>

<\/i><\/i><\/span>Voluntary Carbon Market<\/span><\/a><\/h2><\/div>
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The Voluntary Carbon Market (VCM)<\/strong><\/a> is a system in which companies, organisations, or citizens voluntarily purchase carbon credits to offset their greenhouse gas emissions or to support projects that reduce or remove CO\u2082.
It differs from the compliance market<\/strong>, where participation is mandatory and applies to entities bound by international or national regulations, such as energy companies, industries, or airlines.<\/p>\n

In recent years, the voluntary market has experienced rapid global growth<\/strong>, involving an increasing number of companies, public entities, and forest managers. After an initial phase of expansion, the market entered a period of slowdown, driven by concerns over credit quality and transparency<\/strong>, which in turn led to stronger oversight and a shift towards more credible and integrity-based projects<\/strong>.<\/p>\n

Italy has followed a similar trend. According to data from<\/a> the CREA Carbon Monitoring Unit<\/strong>, the volume of carbon credits sold rose from a few hundred thousand tonnes in 2020 to over one million tonnes in both 2021 and 2022, while the average price per tonne<\/strong> increased from around \u20ac14 in 2020 to over \u20ac28 in 2022<\/strong>
(Source: Maluccio S., Grassi T., Romano R. (2024). Progetti forestali di sostenibilit\u00e0 2021\u20132022<\/em>. Nucleo Monitoraggio Carbonio, CREA, Rome. ISBN: 9788833853819).<\/p>\n

However, despite this growth, the national market remained unstructured<\/strong> and lacked shared rules, with credits calculated using different methods and often without independent certification.
The absence of a functioning public registry favoured transactions involving credits generated abroad, at the expense of Italian forest projects.
In this context, the new Guidelines for managing the National Registry of Forest Carbon Credits<\/strong> arrive as a crucial step, bringing clarity, transparency, and credibility<\/strong> to a sector that until now has lacked regulatory coordination.<\/p>\n

For now, the Registry concerns only the forestry section<\/strong>, while the agricultural section<\/strong> is still under development.<\/p>\n<\/div><\/div><\/div><\/div><\/div>

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An Opportunity for Businesses and Local Communities<\/h2>\n<\/div>

The new system that will develop in Italy following the establishment of the National Registry of Forest Carbon Credits<\/strong> is not only a step forward in climate governance<\/strong>, but also a concrete opportunity<\/strong> for those who live and work in rural and forested areas.<\/p>\n

For forest owners and managers<\/strong>, it can represent an economic recognition<\/strong> of sustainable management practices, thereby creating an additional source of income. For companies<\/strong>, it provides access to certified projects<\/strong> in which to invest, enabling them to contribute transparently to their climate commitments<\/strong>.<\/p>\n

However, project development and certification require technical investments<\/strong>, such as the preparation of a forest management plan<\/strong>, which may entail additional costs for landowners and managers.
In this context, cooperation among owners<\/strong> and forest associations<\/strong> can play a decisive role by aggregating forest areas<\/strong>, reducing unit costs, and ensuring efficient project management.<\/p>\n

Furthermore, to guarantee project integrity<\/strong> and avoid risks of misleading communication or greenwashing<\/strong>, the Guidelines include rules for potential credit buyers<\/strong>. Companies purchasing credits must demonstrate that they have implemented a credible path of emissions reduction and offsetting<\/strong>.<\/p>\n<\/div>

<\/i><\/i><\/span>What Is a Carbon Credit?<\/span><\/a><\/h2><\/div>
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A carbon credit<\/strong> is an environmental certificate representing the reduction, avoidance, or removal of one tonne of carbon dioxide equivalent (tCO\u2082e)<\/strong> from the atmosphere.
It is a tradable unit<\/strong> in carbon markets, generated by projects that deliver measurable, verifiable, and additional climate impacts<\/strong> compared to a defined baseline scenario.
A carbon credit must be certified by an accredited body<\/strong> and registered in an official public or private registry<\/strong>.<\/p>\n

Forest-based credits<\/strong> may derive from initiatives such as reforestation<\/strong>, sustainable forest management<\/strong>, ecosystem conservation<\/strong>, or regenerative agricultural practices<\/strong>.
These mechanisms make it possible to monetise the climate benefits<\/strong> of such projects and to establish a virtuous link<\/strong> between those who reduce or remove emissions and those investing to meet their decarbonisation targets<\/strong>.<\/p>\n<\/div><\/div><\/div><\/div><\/div>

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How the New System Works<\/h2>\n<\/div>

The Guidelines establish detailed procedures for the submission, verification, and registration<\/strong> of forestry projects.
Eligible projects must include improved forest management<\/strong>, afforestation and reforestation<\/strong>, timber forestry<\/strong>, and agroforestry practices<\/strong>, all supported by long-term commitments and rigorous monitoring.
The Guidelines also introduce criteria for recognising credits related to long-lived wood products<\/strong>, which store carbon for at least 35 years<\/strong>, thus supporting a circular and sustainable wood economy<\/strong>.<\/p>\n<\/div><\/div><\/div>

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The system involves the following actors:<\/p>\n