In this study, the CDM Project provided carbon sequestration
funds on the assumption that the timber production resulted in a
long-term carbon store (i.e., timber used for building materials and
furniture). Also the model did not consider the release of carbon
into the atmosphere at the time of harvest (i.e., via milling equipment
and transport to sawmills). The reason was that household forest
owners in Vietnam are relatively poor, and the Government does
not impose carbon emission taxes on them. Thus, as the forest owners
are not penalized for the release of such harvest-associated carbon
emissions, it would be inappropriate to include such costs in the
model. The payment for carbon sequestration services to the foresters
was assumed to be made annually and thus contract or time commitment
was not required.