This working paper describes four major outcomes:

• Recommendations to improve accounting of the long-term depletion of carbon stocks through forest and wetlands degradation.
• Discussion of two possible approaches to harnessing the mitigation potential of harvested wood products, while minimizing adverse and unintended effects on biodiversity, forest management and the environmental integrity of the Kyoto Protocol.
• Presentation of policy-based options for factoring out indirect and natural effects on carbon stock change, to arrive at estimates of direct anthropogenic effects on carbon stock changes.
• A characterization of three possible approaches to achieving fuller accounting as well as a list of criteria/questions for assessing the effects of these, and any other, approaches. 

The Graz Group is a loose affiliation of independent LULUCF experts focused on developing and communicating views and options regarding LULUCF rules, modalities and definitions for the post-2012 global climate change framework. Three major relevant workshops have been held in Graz, Austria. The first led to the publication of the special issue of Environmental Science and Policy on LULUCF, focusing broadly on options for LULUCF post 2012. The second was a workshop on REDD. The most recent workshop, with a focus on LULUCF rules for industrialised countries, held on April 21-22, 2008 with a follow-up discussion at the recent UNFCCC AWGs and Subsidiary Body sessions in Bonn in June, has led to the publication of this working paper.