7. On Hold 19 December 2024
14. Agriculture, forestry, and other land use (AFOLU)
16. Carbon Capture and Storage
M0213
The proposed module applies to select projects applying the Methodology Framework for Carbon Capture and Storage. It applies to project activities that store CO2 by injecting water-dissolved CO2 into reactive, igneous rock. The proposed module quantifies the net amount of CO2 chemically bound through mineralization and that remains as a dissolved phase in the reservoir fluid with the ongoing mineralization process.
SUMMARY OF DEVELOPMENT
The concept note was submitted by South Pole Carbon Asset Management Ltd. (external) and Perspectives Climate Group (external) and is a part of the CCS+ Initiative (external). On December 19, 2024, the development of this module 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 module 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 # M0213 in the subject line.