Q4
Corrections and Clarifications
- November 24, 2023: Clarifications to the VCS Standard, v4.5 and VCS Methodology Requirements, v4.4 regarding projects and methodologies using jurisdictional- level data. See the Clarifications to the VCS Program Rules and Requirements, published 24 November 2023 (PDF)
Public Consultations
- November 15, 2023: Verra launches Public Consultation on ABACUS Market label for Nature based Removal Credits
- October 24, 2023: Public Consultation on Non-Native Monoculture Requirement in the VCS Standard
Q3
Updates
August 29, 2023: August 2023 VCS Program Update Announcement
- The full list of updates and their effective dates can be found in August 2023 Overview of VCS Program Updates and Effective Dates (PDF) Major updates include:
- Improved VCS Project templates
- New and updated VCU market labels
- Updates to the VCS Safeguards and Requirements for Stakeholder Engagement to Align with ICVCM Core Carbon Principles
- Updated and Improved AFOLU Non-Permanence Risk Tool
- Discounting Upstream Emission Displacement
- Validation/Verification Body Oversight and Sanction Procedures
- Other Updates to Align the VCS Program with ICVCM Core Carbon Principles and CORSIA Requirements
- Verra will hold a series of webinars to provide an overview of the August 2023 Program updates:
- September 12 at 12:00 pm ET: General Overview of August 2023 VCS Program Updates (zoom)
- Webinar Recording (YouTube)
- Webinar Slides (PDF)
- Webinar Q&A Report (XLS)
- September 25 at 10:30 am ET: Overview of August 2023 VCS Program Updates for Project Developers (zoom)
- Webinar Recording (YouTube)
- Webinar Slides (PDF)
- Webinar Q&A Report (XLS)
- September 26 at 12:00 pm ET: Overview of New Labels for VCUs (zoom)
- Webinar Recording (YouTube)
- Webinar Slides (PDF)
- Webinar Q&A Report (XLS)
- September 28 at 9:00 am ET: Overview of August 2023 VCS Program Updates for Validation and Verification Bodies (zoom)
- September 12 at 12:00 pm ET: General Overview of August 2023 VCS Program Updates (zoom)
Corrections and Clarifications
- September 12, 2023: Correction to the effective date for clause 3.19.27(3) regarding ecosystem health safeguards for non-native monocultures. See the Correction to VCS Program Rules and Requirements, published 12 September 2023 (PDF)
- September 25, 2023: Corrections and Clarifications to the effective dates for requirements in the VCS Standard, v4.5 and AFOLU Non-Permanence Risk Tool, v4.1. See the Corrections and Clarifications to the VCS Program Rules and Requirements, published 25 September 2023 (PDF)
Public Consultations
Q1
Updates
- March 30, 2023: The VCS Program Fee Schedule, v4.3 (PDF), was released on 30 March 2023. See the announcement and information about the effective dates here: Announcement: Updated Verra Program Fee Schedules.
Errata and Clarifications
- May 31, 2023: Update to the effective date of Scope 3 emissions double claiming requirements in the VCS Standard, v4.4 (PDF). See the Clarification to VCS Program Rules and Requirements, published 31 May 2023 (PDF).
- April 4, 2023: Erratum and clarification pertaining to gap validation requirements (See Erratum and Clarification to VCS Program Rules and Requirements, published 4 April 2023 (PDF)).
- March 30, 2023: Updates to correspond with the launch of the VCS Program Fee Schedule, v4.3 (PDF) (See Clarifications to VCS Program Rules and Requirement, published 30 March 2023 (PDF)).
- February 14, 2023: Correction regarding consequences of not submitting a loss report within two years of the loss event’s discovery date. See the Errata to VCS Program Rules and Requirements, published 14 February 2023 (PDF).