VALIDATION BODY AND VERIFICATION BODY REQUIREMENTS (VVB REQUIREMENTS)

Those requirements applicable to Validation Bodies and Verification Bodies, which are provided by Capturiant or published on the Capturiant Website, and which establish the standards and requirements for such bodies to become approved by Capturiant to provide Validation Services and Verification services to Project Developers in accordance with the Capturiant Program Requirements.

VALIDATION REPORT

The written report of validation prepared by the validation/verification body in accordance with the VCS Program rules

VALIDATION REPRESENTATION

• The deed issued by the validation/verification body, referencing the validation report to which it relates, containing a unilateral representation that it has validated the project’s compliance with the applicable VCS Program rules, and which is prepared using the VCS Validation Deed of Representation Template; or • The deed issued by the validation/verification body, referencing […]

VALIDATION/VERIFICATION BODY (VVB)

An organization approved by Verra to act as a validation/verification body in respect of providing validation and/or verification services in accordance with the VCS Program rules

VALUATION

The procedure for finding an individual investor’s value of an asset; could be either asking price or bid price.

VALUATION ADJUSTMENTS (XVAS)

Valuation adjustment is the umbrella name for adjustments made to the fair value of a derivatives contract to take into account funding, credit risk and regulatory capital costs. Dealers typically incorporate the costs associated with XVAs into the price of a new trade. The oldest XVA is the credit valuation adjustment (CVA), which reflects the […]

VALUATION FACTOR

A timber tract’s net present value expressed as a proportion of its current stumpage value.

VALUATION METHODOLOGY

Defines the process of expressing a value for a particular good or service in a certain context (decision making). Usually in terms of something that can be counted, often money, but also through methods and measures from other disciplines (sociology, ecology, etc.).

VALUATION OF NATURAL ASSETS

Methods of applying a monetary value to natural assets in environmental accounting that include (1) market valuation; (2) direct nonmarket valuation, such as assessment of the willingness to pay for environmental services (contingent valuation); and (3) indirect nonmarket valuation, for example, costing of environmental damage or of compliance with environmental standards. See also maintenance (cost) […]

VALUE

The worth of a good or service as determined by people’s preferences and the tradeoffs they choose to make given their scarce resources, or the value the market places on an item.