Methodology Framework for Carbon Capture, Utilization, and Storage

The proposed new methodology framework enables net CO2 emission reductions and/or removals that result from the production of CO2-derived intermediate or end products. CO2-derived products are those in which CO2 is captured and stored for an extended period of time, including aggregates, cement admixtures, concrete, ceramics, etc. The proposed new methodology framework is globally applicable.

South Pole Carbon Asset Management Ltd submitted the concept note (external) and Perspectives Climate Group (external) and is a part of the CCS+ Initiative (external). On December 19, 2024, the development of this methodology was put on hold. Verra will consider resuming the development once the following criteria are met:

• Resources are available to support the methodology development process
• The development process can be prioritized over other VCS methodology development work according to the VCS Methodology Development and Review Process.

Verra will reassess whether to resume the development of this methodology in Q2 2025.

Stakeholders interested in collaborating during methodology development or developing projects that this methodology might enable are encouraged to contact methodologies@verra.org. Please include the Methodology Development ID# CN0151 in the subject line.