14. Agriculture, Forestry, and Other Land Use
Outcome Label
Eligibility
Reduction and Removal
Active since 12 March 2024
This methodology applies to a wide range of improved forest management (IFM) practices and uses a dynamic performance benchmark for additionality and the crediting baseline created from national forest inventories.
Eligible projects must adopt one or more specific, non-pre-existing, IFM practices. The focus of accounting is on estimation of GHG emissions and/or carbon stock change on permanent plots, not on estimation of stocks per se, therefore improving the precision of reported GHG emission reductions and/or removals.
The methodology employs a broad monitoring and accounting framework that captures the GHG impacts of IFM practices aimed at avoiding emissions (from harvest or natural disturbance) or enhancing sequestration. Projects may apply a combination of practices implemented together in the same area.
- Projects seeking to complete registration under VM0045, v1.0 must have requested listing on the Verra Registry before March 12, 2024, and complete validation by March 12, 2025.
Development History
Status: Active since March 12, 2024
Mitigation Outcome Label Eligibility: Reduction and Removal
Summary of Changes:
- Version 1.1 enables project proponents to differentiate between Verified Carbon Units (VCUs) based on whether they are GHG emission reductions or carbon dioxide removals.
Developer: Verra with support from the American Forest Foundation (external)
Dates of Public Consultation: December 15, 2023, to January 15, 2024
Draft Shared During Public Consultation: VM0045, v1.1 Draft Methodology (PDF)
Summary of Public Consultation: VM0045, v1.1 Summary of Public Consultation (PDF)
VVB Assessment Report: “N/A – minor revision”
Announcements: Public Consultation, Final Release
Status: Active October 25, 2022 to March 12, 2024
Grace Period: Projects that have requested listing on the Verra Registry before March 12, 2024, may complete validation using VM0045, v1.0 until March 12, 2025.
Mitigation Outcome Label Eligibility: Not eligible
Developer: Family Forest Carbon Program (external)
Dates of Public Consultation: August 17, 2020 – September 16, 2020
Draft Shared During Public Consultation: N/A
Summary of Public Consultation: VM0045, v1.0 Summary of Public Comments (PDF)
VVB Assessment Report: VM0045, v1.0 VVB Assessment Report (PDF)