VM0049 Carbon Capture and Storage, v1.0


Details
Status Active Since 27 June 2024
Sectoral Scope
16. Geological carbon storage
Outcome Labels Reductions and Removals

This methodology framework is globally applicable and applies to project activities involving carbon capture and storage (CCS). It relies on modules for quantifying emissions related to the capture, transport, and storage segments of a CCS project. These modules can be combined, depending on the specific design of the CCS project or technologies implemented. VM0049 also relies on several tools that provide procedures for performing specific analyses for applicable projects. Multiple modules and tools are being developed in batches.

Explore additional technical guidance, tools, templates, and supporting resources designed to help project developers strengthen quantification approaches, improve modeling accuracy, and support effective implementation of VM0049 projects.

Other Requirements

Modules, Tools or Revisions Under Development

VM0049 Carbon Capture and Storage, v1.0

Status: Active since June 27, 2024
Mitigation Outcome Label Eligibility: Reductions and Removals
Developer(s): CCS+ Initiative, South Pole Carbon Asset Management Ltd, and Perspectives Climate Group, with support from Verra.
Dates of Public Consultation: June 30, 2023 to July 29, 2023
Draft Shared During Public Consultation: Draft Methodology for Carbon Capture and Storage (PDF)
Summary of Public Consultation: See Appendix C in the VVB Assessment Report
VVB Assessment Report(s): Methodology for Carbon Capture and Storage Methodology Assessment Report, v1.0 (PDF)
Announcement(s):  Public Consultation: Methodology Framework for Carbon Capture and Storage, Verra Releases New Carbon Capture and Storage Methodology, Verra Releases Set of Modules and Tools for Carbon Capture and Storage, Verra Releases New Module for Carbon Capture and Storage
Resource(s): Overview Webinar on the Methodology Framework for Carbon Capture and Storage webinar

Get in Touch

If you are a current or prospective project developer seeking support to start, advance, or manage a VM0049 project, please contact Verra’s expert team at secretariat@verra.org.

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