2. Concept Note
#M0440
The additionality tools provide procedures and requirements to assess the additionality of project activities, such as the identification of alternatives to the project activity, barrier analysis, investment analysis and common practice analysis.
The scope of revision includes the following tools:
- VT0008 Additionality Assessment, v1.0
- VT0009 Combined Baseline and Additionality Assessment, v1.0
- VT0001 Tool for the Demonstration and Assessment of Additionality in VCS Agriculture, Forestry and Other Land Use (AFOLU) Project Activities, v3.0
- VT0002 Tool for the Demonstration and Assessment of Additionality in IFM Project Activities, v1.0
Verra is considering the following tool replacements and revisions:
- Replace CDM TOOL01 and TOOL02 with VT0008 and VT0009 across all VCS methodologies
- Replace VT0001 and VT0002 with VT0008
- Incorporate specific guidance for AFOLU projects into VT0008
- Replace simplified CDM additionality tools with VT0008 or VT0009
- Update default values for cost of equity (expected return on equity)
- Incorporate improvements and clarifications
Call for Interest
Verra is looking for funding to cover costs associated with developing the proposed revisions. Please contact methodologies@verra.org and indicate your specific level of interest. Please include the Methodology Development ID# M0440 in the subject line.
Summary of Development
The revision is currently at “Step 2: Concept Note” of the VCS Methodology Development and Review Process (PDF).
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