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The Voluntary Carbon Standard Association (VCSA) will today launch a new package of measures designed to strengthen its carbon offset verification scheme and lay the groundwork for the expected wave of forestry and land use-based emission-reduction projects.
Under the new requirements, emission-reduction projects wishing to carry the popular Voluntary Carbon Standard (VCS) label will have to adhere to more detailed and stringent requirements governing how they achieve third-party verification for their projects.
Speaking to BusinessGreen.com, VCSA chief executive David Antonioli said that while all VCS-approved projects already require third-party approval from two separate verification bodies, previous guidance on how this should be achieved was open to some interpretation.
“The new guidance is a lot more detailed and provides clear procedures on how you should hire a validator,” he said. “We have added eligibility criteria for validators that have to be met, and there is also a new public consultation process for projects.”
The new guidelines are designed to make it easier for project developers to submit new methodologies for assessing and verifying emission-reduction projects
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