Verra has announced that three data service providers (DSPs) are now vetted to provide stocking index (SI) data that establish performance benchmarks for projects using Verified Carbon Standard (VCS) methodology VM0047 Afforestation, Reforestation, and Revegetation. Making the list of vetted DSPs available offers the opportunity for an efficient selection process, which in turn will streamline projects’ registration and verification processes. Projects can also opt to use their own data for performance benchmarks from DSPs not listed.
The initial vetted DSPs are the following:
- Sylvera
- Kanop
- Chloris Geospatial
During the vetting process, Verra confirmed that the DSPs’ approaches to providing SI data meets VM0047’s performance benchmark requirements.
Project developers can now leverage vetted third-party DMRV providers to efficiently generate standardized datasets using satellite imagery, AI-driven models, and field-calibrated data at scale. These datasets can be seamlessly uploaded directly to the Verra Project Hub, enhancing the speed and consistency of project data management.
VM0047 quantifies carbon removals from activities that establish, increase, or restore vegetative cover in non-forest areas or enhance forest carbon stocks in areas with existing forest cover. The methodology’s area-based quantification approach uses a SI as a relative measure of vegetation change. The SI is derived from remote sensing indices and used to compare observed changes in the project area and in matched controls areas that represent projects’ performance benchmarks.
Versions 1.0 and 1.1 of VM0047 have been approved by the Integrity Council for the Voluntary Carbon Market (ICVCM) as meeting the Core Carbon Principles (CCPs) criteria, the industry benchmark for carbon credit integrity.
Opportunity for Additional DSPs
Verra is accepting Expressions of Interest from additional third‑party DSPs with the capacity to support VM0047 and invites interested parties to complete the form below. DSPs that successfully pass Verra’s vetting process will then be included on the VM0047 webpage and in the Verra Project Hub.
Form
Note: A DSP’s completion of Verra’s vetting process does not guarantee acceptance of a project or approval of the data provided by this DSP for a specific project’s SI. Both projects and data will still be independently reviewed by Verra and a validation/verification body (VVB).