Standardized Methods for Baselines and Additionality
A standardized method is an efficient, cost-effective tool for determining additionality and, in some cases, establishing project baselines.
VCS standardized methods requirements offer a robust and consistent framework for streamlining project development. The new framework should facilitate the uptake and wider use of standardized methods.
What are Standardized Methods?
Standardized methods can make project development more efficient and cost-effective by eliminating the need to determine additionality and establish baselines project-by-project. This in turn allows for significant scaling up of emission reductions.
By integrating the determination of additionality into the methodology, standardized methods provide more certainty to project proponents and investors. Standardized methods can also streamline the establishment of baselines, reducing transaction costs associated with the quantification of GHG benefits.
Developing Standardized Methods
VCS requirements for standardized methods were developed in 2010 and 2011 by VCS and a steering committee of international experts. The committee brought together CDM methodology experts as well as leading experts from industry and NGOs worldwide.
The standardized methods requirements were subjected to peer review and public consultation.
VCS thanks the steering committee experts and peer reviewers who participated in developing the requirements.