Active 29 September 2011
Outcome Label
Eligibility
Reductions
10. Fugitive emissions from fuels
AM0023 applies to project activities that reduce physical leaks in components through the introduction of an advanced leak detection and repair (LDAR) program.
Market Labels
AM0023, v4.0 has been approved by the Integrity Council for the Voluntary Carbon Market (ICVCM) as meeting the requirements of the Core Carbon Principles (CCPs) Assessment Framework. Please note that to receive CCP labels for the credits they generate, projects using AM0023 must meet certain conditions. A guidance document outlining Verra’s process for CCP labeling, the ICVCM CCP Label Guidance (PDF), is available on the VCS Rules and Requirements page.
All projects using AM0023 that intend to request CCP labels at issuance must have a completed CCP Eligibility Verification Report Checklist Template (.docx), attached as an appendix to the project’s verification report. Where VCUs have been issued from projects using multiple methodologies, only VCUs from projects solely using CCP-approved methodologies are eligible for CCP labels.
Per the ICVCM decision (external), only projects using AM0023, v4.0 and that are complying with the following additional criteria are eligible for CCP labels:
- Projects are requesting the CCP label only for the first crediting period