Sets out the key technical and scientific aspects that underpin an accounting system for carbon sequestered from the atmosphere as a result of afforestation and reforestation as defined under Article 3.3 of the Kyoto Protocol. The requirements are intended for use in commercial trading ahead of the formulation of a final set of rules governing Article 3.3 carbon sinks projects under the Kyoto Protocol and ahead of Australian Government decisions on the Kyoto Protocol.