Methodologies
Develop a New Methodology
Project Stakeholders can propose a new methodology to cover quantifiable social and/or environmental benefits that could generate tradeable units when no existing SD VISta assets address their needs.
To do so, stakeholder developers must follow the SD VISta methodology review and approval process. Under this process the proposed methodology is reviewed by Verra staff and evaluated by an independent technical assessment team.
SD VISta Asset Methodology Review and Approval Process
The rules and requirements for developing a methodology are detailed in the SD VISta asset methodology review and approval process, which is set out in the SD VISta Program Guide, v1.0. A template for the methodology concept note will be available soon.
1
Methodology Concept Note
Stakeholder prepares and submits a methodology concept note; Verra accepts it into the approval processes if it meets established evaluation criteria.
2
Draft Methodology
Stakeholder prepares and submits the draft methodology, methodology revision, module or tool, and draft project description (if applicable); Verra reviews.
3
Public Comment Period
Verra posts the draft methodology to its website for a 30-day public comment period.
4
Assessment Report
Verra contracts with the technical assessment team to review the methodology and produce an assessment report.
5
Approval
Verra reviews the assessment report and approves the methodology for use if it meets all SD VISta Program requirements.