WEBVTT 00:00:00.000 --> 00:00:06.613 Welcome to Forest Carbon Lab. This walkthrough uses the English interface and an illustrative project. 00:00:06.613 --> 00:00:14.109 First, click Export data to back up your current work. Open User guide and download the practice 00:00:14.109 --> 00:00:21.604 scenario. Then go to Data and costs, select Import saved JSON, and choose the downloaded file. Importing 00:00:21.604 --> 00:00:24.690 replaces your current inputs and saved scenarios. 00:00:26.000 --> 00:00:32.358 The practice project covers one thousand hectares, from twenty twenty-seven to twenty sixty-one. Year 00:00:32.358 --> 00:00:38.717 zero is the investment year. An analysis duration of thirty-four creates thirty-five annual rows, 00:00:38.717 --> 00:00:45.529 including year zero. Enter twenty-five thousand Vietnamese dong per US dollar and thirty thousand dong 00:00:45.529 --> 00:00:52.796 per euro. Select the correct currency for each cost item. Exchange rates remain fixed throughout the 00:00:52.796 --> 00:00:53.250 analysis. 00:00:55.000 --> 00:01:02.008 Check the price base year, annual salary growth and reporting US dollar inflation. Detailed personnel 00:01:02.008 --> 00:01:09.484 costs use salary growth. Fees, taxes and forest-use-right fees do not inflate. Other costs use reporting 00:01:09.484 --> 00:01:16.492 US dollar inflation. Vietnamese dong and euro inflation are reference values only. To enter three 00:01:16.492 --> 00:01:20.230 percent, type three, not zero point zero three. 00:01:22.000 --> 00:01:29.594 In Cost inventory, open Core personnel. Enter headcount and annual salary and benefits per person. Here, 00:01:29.594 --> 00:01:37.662 two people each receive six thousand dollars per year before salary growth. Open the MRV contractor item 00:01:37.662 --> 00:01:44.782 to review quantity, unit price and recurrence. Unit labels do not automatically convert months or 00:01:44.782 --> 00:01:51.426 hectares. Enable Exclude end year for contractors, supplies, travel and activities when matching the 00:01:51.426 --> 00:01:52.850 Excel VBA formulas. 00:01:54.000 --> 00:02:00.202 For assets, enter purchase price, quantity, initial purchase year and useful life. Enable replacement if 00:02:00.202 --> 00:02:08.058 assets will be purchased again at the end of their useful life. Leave actual maintenance blank to use the 00:02:08.058 --> 00:02:14.674 percentage method. Entering zero means zero maintenance cost. Fuel quantity is the annual total for the 00:02:14.674 --> 00:02:21.703 entire asset item, not for each asset. Without replacement, maintenance and fuel stop at the end of 00:02:21.703 --> 00:02:22.530 useful life. 00:02:24.000 --> 00:02:30.507 Travel costs include fares, accommodation, per diem and an additional lump sum. Nights equal days minus 00:02:30.507 --> 00:02:38.235 one. Set components already covered by a lump sum to zero to avoid double counting. Land tax is entered 00:02:38.235 --> 00:02:45.149 per hectare per year and multiplied by project area. For a detailed activity, enter costs for one 00:02:45.149 --> 00:02:51.250 occurrence. The tool multiplies component quantities and prices by the number of occurrences per year. 00:02:53.000 --> 00:03:00.423 Open Activity allocation. Categories A through I must total one hundred percent. To compare with VBA, 00:03:00.423 --> 00:03:08.775 allocate one hundred percent across A through H, and set I to zero. Next, enter emission reductions per 00:03:08.775 --> 00:03:15.270 hectare, buffer deduction, leakage and first issuance year. Buffer and leakage are deducted sequentially. 00:03:15.270 --> 00:03:22.230 Earlier credits are not accumulated. Finally, enter the expected selling price and credit selling fee. 00:03:24.000 --> 00:03:30.813 Return to Overview. Total undiscounted cost is approximately two point three nine million US dollars. At 00:03:30.813 --> 00:03:38.478 a selling price of fifteen dollars per credit, net present value is negative, so the assessment is red. 00:03:38.478 --> 00:03:44.865 The break-even price is about twenty-two dollars and fifty-six cents. The target price is about 00:03:44.865 --> 00:03:51.253 twenty-five dollars and ninety-five cents. Amber means break-even but below target, or that costs have 00:03:51.253 --> 00:03:52.530 not been entered. 00:03:54.000 --> 00:04:00.801 Save the original scenario before making changes. In Market references, review the transaction source and 00:04:00.801 --> 00:04:08.508 date. Historical prices are not offers for your project. Return to Overview and click Apply target price. 00:04:08.508 --> 00:04:15.309 The assessment turns green under the current assumptions. You can also revise individual cost items. 00:04:15.309 --> 00:04:22.110 Green indicates financial performance only. It does not certify credit eligibility or guarantee a buyer. 00:04:24.000 --> 00:04:30.521 Open Scenarios and sensitivity to compare your plans. The sensitivity table varies prices and costs by 00:04:30.521 --> 00:04:37.450 twenty percent while holding other assumptions constant. Export JSON to back up your work and import it 00:04:37.450 --> 00:04:45.194 later. Export cash flow or detailed cost CSV files to review the results. Data stays in this browser on 00:04:45.194 --> 00:04:51.307 this device; it does not automatically sync. The written guide and practice scenario remain available 00:04:51.307 --> 00:04:52.530 below this video.