5. Independent Expert Review
16. Carbon Capture and Storage
M0367
VM0049 Carbon Capture and Storage is globally applicable and designed for project activities involving carbon capture and storage (CCS). It utilizes a modular approach to quantify emissions across the capture, transport, and storage components of a CCS project. These modules can be combined as needed, depending on the project’s specific design and particular technologies utilized, on a case-by-case basis. VM0049 also incorporates a suite of tools that outline procedures for conducting specialized analyses relevant to applicable projects.
The proposed module for CO2 Capture from Acid Gas Removal in Natural Gas Processing Plants applies to project activities that qualify under the latest version of VM0049 that result in the capture of carbon dioxide that has been separated from natural gas streams.
Summary of Development
- Verra is leading the development process for this module in collaboration with BKV Corporation (BKV) (external). BKV is kindly supporting the development and providing Verra with funds to cover associated costs.
- We are proud to expand climate action with the support of this leading organization!
- The draft module is at “5. Independent Expert Review” of the Methodology Development and Review Process (PDF).
- Verra issued a Request for Proposal (PDF) to select independent expert reviewers between August 22, 2025 to September 29, 2025.
- Verra hosted a public consultation from September 29, 2025 to October 29, 2025.
- Stakeholders interested in developing projects that this module might enable are encouraged to contact methodologies@verra.org. Please include the Methodology Development ID# M0367 in the subject line.
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