Production Accounting Fundamentals
Key production accounting concepts used in Mangrove
Project
A Project is defined as a set of activities that, as a whole, produces net climate benefits relative to a baseline scenario.
Event
Events are ongoing operational activity taking place within a project’s boundaries.
Datapoint
A datapoint represents a defined value to be used in a production accounting or quantification.
Evidence
An evidence is an individual piece of documentation that is associated with a data input.
Batch
The production batch is the main unit of production in a project. Each production batch contains the calculations and MRV data supporting that batch’s gross and net carbon activity. It is also linked to all source data inputs, and underlying evidence files.
Model
A model represents a discrete set of calculations and data associations to generate production accounting. There are 2 main types of models in Mangrove: production models, and quantification models. Read more about configuring a project’s models here.
Partner
A partner is an entity that is involved in, or provides data for, the production activities of a project.
Value Stream
A value stream is a way for a project to originate and commercialize its environmental attributes.