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This document provides a methodology for determining the greenhouse gas emissions from either an alternative product or a representative mix of alternative products. It also provides methodology for calculating the displacement potential for wood and wood-based products. This document also deals with situations that do not lead to displacement. This document is intended to be used by organizations seeking to understand, commit to or contribute to climate change mitigation. These organizations can be either private or public, regardless of type or size, and located in any jurisdiction, or position within a specific value chain.