VCS & CCB Program Updates Sam Hoffer, VCS & CCB Program Manager Christopher Chapman, Program Officer
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VCS & CCB Program Updates
Sam Hoffer, VCS & CCB Program Manager
Christopher Chapman, Program Officer
What we’ll cover today
1) VCS Program update
2) CCB Program update
3) Q/A
Please type in your questions during the presentation
We’ll consolidate questions and answer them at the end
Program update catalogues
database.v-c-s.org/version-3
http://www.v-c-s.org/project/ccb-program/rules-requirements-and-guidance/updates-to-the-ccb-standards-version-3/
Main updates:
• Introduced VCS completeness review
• Updated global warming potentials (GWPs)
• Clarifications to VVB rotation requirements
• New rules for projects using non-VCS simplified additionality procedure
Other updates include:
• New procedure for issuing errata and clarifications
• Updated CDM + new CAR gap validation process
• Clarified definition of ‘loss event’
• Clarified process for calculating long-term average
VCS Program Updates
VCS completeness review
• Pipeline listing:
• Ensure sufficiency of information for public comment
• VCS may require project proponent to update docs
• Registration/issuance request:
• Completeness review follows registry review
• Review of specific items (baseline, additionality)
• Informs whether accuracy review is conducted
• Completed in 5 business days (accuracy review
timeline shortened by 5 business days, so overall
timeframe remains the same)
Updated global warming potentials
• Updated required source of global warming
potentials from the IPCC’s Second Assessment
Report to the IPCC’s Fourth Assessment Report
• Projects may optionally transition to the updated
GWPs immediately via a project description
deviation
• Projects shall transition to the updated GWPs at
their project crediting period renewal
Clarifications to VVB rotation requirements
• Gap validation of a project registered under an
approved GHG program may be disregarded
when assessing adherence to VVB rotation
requirements
• Validations and verifications performed under
other GHG programs shall be counted when
assessing adherence to VVB rotation
requirements
Simplified additionality procedures
• Where the project applies a methodology that:
• Was developed under an approved GHG program and
• Uses an activity method or other simplified procedure for demonstrating additionality...
• The project proponent shall demonstrate that the simplified procedure is appropriate to apply to the project considering the project characteristics
• Failing this demonstration, the project proponent shall not use the simplified procedure for demonstrating additionality
• Overview
• New program document structure
• Key technical updates
• Mandatory templates
• Summary of project benefits
CCB Program Updates
Overview
• Harmonize the CCB Program with the VCS Program
• Clarified or changed terms
• Aligned validation and verification procedures
• Mandatory templates
• Formatting and minor edits
• Improved stakeholder experience
• Less disconnect between the VCS and CCB Programs
• Improved guidance
• Greater consistency
New program document structure
CCB Program Definitions
Requirements Documents
Climate, Community & Biodiversity Standards
CCB Program Fee Schedule
CCB Program Rules
Templates
Project Description Template
Monitoring Report Template
Validation Report Template
Validation Statement Template
Verification Report Template
Verification Statement Template
Key technical update: Updated terms
• New
• CCB Program
• Monitoring period
• Clarified
• Public comment period
• Project lifetime
• Replaced
• Auditor VVB
• Programmatic approach Grouped project
• Right of Use project ownership
• Reporting document names
Key technical update: VVB rotation
Key technical update: Document submission & review
14 July 2017
• Project proponents submit all documentation though their registry
• The registry performs a completeness check
• VCS performs a completeness review and possible accuracy review
CCB + VCS Projects
• Project proponents
submit all documentation
directly to VCS, instead of
through the VVB (as
currently) or registry
• Everything else is the
same
CCB Projects
• VVBs download the project
documentation from the VCS
project database
• Accuracy review process is
same as current VCS
process:
Validation & verification
process for all projects
VCS does the review
Findings are reported to
VVB
VVB responds to findings
and resubmits to VCS
Mandatory templates, overview
• For PPs: structure and guidance
• For VVBs: more efficient reviews
• For other stakeholders: easier comparison
• For VCS: enables more efficient completeness
reviews & allows accuracy reviews
Mandatory templates, what to look for
• The templates generally follow the order of the CCB Standards
• Gold or green references
• Cumbersome indicators have been broken out into multiple sections
• Indicators with similar reporting requirements have been combined into one section
• Monitoring reports should only contain information on changes that have occurred
• VVB templates mirror the PP templates
• Incorporate changes to project design
Mandatory templates, what to look for
Mandatory templates, what to look for
Summary of project benefits, overview
• New mechanism to report project benefits
• Will replace the summary of benefits on the cover page
• Its purpose is to provide:
• a streamlined way to present the project benefits,
• an effective way to communicate those benefits.
• A powerful tool for:
• PPs to communicate benefits to relevant stakeholders
• VCS to amalgamate data for communicating impact and designing future program improvements
• For more information • http://www.v-c-s.org/wp-content/uploads/2016/11/Summary_Project_Benefits_3NOV2016.pdf
Summary of project benefits, what to look for
• Completion of the SPB is mandatory, but only report on metrics that are applicable to the project
• Two main sections
• Standardized Benefits Metrics
• Unique Project Benefits
• All claims must be substantiated in the PD or MR and assessed by the VVB
Questions?
Verified Carbon Standard
1 Thomas Circle NW
Suite 1050
Washington, DC 20005
www.v-c-s.org
Thank You!
Sam Hoffer
VCS & CCB Program Manager
Christopher Chapman
Program Officer
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