VERIFICATION STAFF REPORTING FORM

Verification bodies must identify to the Reserve all staff members who are designated as verifiers and serve as key personnel in Exhibit A of the Verification Policies Acknowledgment and Agreement form.

VERIFICATION STATEMENT

A document stating the verification body’s findings that the Member’s emission report is verifiable (or not).

VERIFICATION TEAM

Employees or subcontractors of a verification body, acting for the verification body to provide verification services for a Member.

VERIFIED

A project is considered “verified” when the project verification body has submitted the project’s Verification Statement and the Verification Report in the Reserve system.

VERIFIED CARBON UNIT (VCU)

A unit issued by and held in the Verra Registry representing the right of an accountholder in whose account the unit is recorded to claim the achievement of a GHG emission reduction or removal in an amount of one (1) metric tonne of CO2 equivalent that has been verified by a validation/verification body in accordance […]

VERIFIED EMISSION REDUCTION (VER)

A carbon credit created by a project which has been verified outside of the Kyoto Protocol. One VER corresponds to one ton of CO2e emission reductions.

VERIFIED EMISSIONS REPORT

An annual GHG emission report that has been reviewed and approved by a third-party verification body and accepted by The Registry.

VERIFIER

Competent and independent person, or persons, with responsibility for performing and reporting the verification process (under the management and supervision of a Lead Verifier)

VERIFY

The act of a Verification Body to confirm that Environmental and Sustainable Development Benefits of a Validated Project meet the Capturiant Standard or an Applicable Standard.

VERNAL POOL

A small lake or pond that is filled with water for only a short time during the spring.