VERIFICATION

The process of periodic independent, third-party ex-post evaluation by a VVB of requests by a registered mitigation activity to issue carbon credits against the program provisions of the applicable carbon-crediting program.

VERIFICATION ACTIVITIES

Activities undertaken during the third-party verification that include reviewing reported emissions, verifying their accuracy according to standards specified in The Registry’s GVP, and submitting a verification statement to The Registry

VERIFICATION BODY

The Person accredited to perform Verification of Environmental and Sustainable Development Benefits under the ISO 14065 standard or the International Standard on Assurance Engagements (ISAE) 3000, and which has been certified by Capturiant to perform Verifications in accordance with the Program Requirements.

VERIFICATION BODY REQUIREMENTS

Accreditation under International Organization for Standardization (ISO) 14065:2013 or ISO 14065:2020 with conformance to all accreditation requirements under ISO 14065, ISO 14064- 3:2006, IAF MD 6:2014 and all other accreditation requirements, or Accreditation under an approved accreditation body (see the Reserve’s verification webpage for an up to date list of approved accreditation programs: http://www.climateactionreserve.org/how/verification/connect-with-a-verification-body/), having […]

VERIFICATION PERIOD

The time period specified in a verification report during which the GHG emission reductions or removals were generated and have been verified by a validation/verification body

VERIFICATION PLAN

Prior to the kick-off meeting, the verification team shall develop an initial verification plan outlining the scope and nature of verification activities to be conducted for the specific project. In developing this plan, it shall consider the key requirements and objectives of the project developer, compliance with the relevant Reserve protocol, the information to be […]

VERIFICATION POLICIES ACKNOWLEDGEMENT AND AGREEMENT FORM

Verification bodies must have a duly authorized representative of its organization sign and submit the legally binding Verification Policies Acknowledgment and Agreement form to the Reserve on an annual basis. This required agreement between the Reserve and verification bodies ensures that personnel performing verification activities are aware of their roles, responsibilities and obligations under the […]

VERIFICATION PROGRAM MANUAL

Verification Program Manual details the requirements of its verification program and provide approved verification bodies with a standardized approach to the independent and rigorous.

VERIFICATION REPORT

A detailed report that a verification body prepares for a Member, describing the scope of the verification activities, standards used, emissions sources identified, sampling techniques, evaluation of Member’s compliance with the General Reporting Protocol, assumptions, and a list of material and immaterial misstatements, if any.

VERIFICATION REPRESENTATION

The deed issued by the validation/verification body, referencing the verification report to which it relates, containing a unilateral representation that it has verified the relevant GHG emission reductions or removals in accordance with the applicable VCS Program rules, and which is prepared using the VCS Verification Deed of Representation Template; or The deed issued by […]