Stage

Concept Note

Development ID#

M0198

Sectoral Scope

4. Manufactoring industries

Status

Rejected 10 May 2023

This proposed methodology is globally applicable and comprises of project activities to displace the mining, transportation, and use of peat with the production, transportation, and application of peat substitutes from sustainably sourced materials to avoid greenhouse gas (GHG) emissions.

SUMMARY OF DEVELOPMENT

The concept note was rejected by Verra, as per Section 3.1.5(2) and 3.2.5(3) of the VCS Methodology Development and Review Process, 4.2 (PDF)The decision was based on the proposal’s low climate change mitigation potential compared to other proposals and concerns related to demonstrating additionality.