VCS PROGRAM RULES

The rules and requirements set out in the VCS Program Guide, the VCS Standard and the other VCS Program documents; such rules and requirements may be updated from time–to-time

VCS PROJECT PIPELINE

The list of Projects on the Verra Registry which are either under development or under validation.

VCU CONVERSION REPRESENTATION

The unilateral representation issued by the project proponent, prepared using the applicable VCS Program template and made in respect of cancelation of GHG credits under another GHG program and/or conversion of GHG credits issued under an approved GHG program into VCUs

VCU ISSUANCE LEVY

The fee charged by Verra at the time of VCU issuance to cover the administration costs of the VCS Program

VECTOR

Any agent (person, animal or microorganism) that carries and transmits an infectious pathogen into another living organism.

VEGA

Vega is the sensitivity of an option’s price to changes in the volatility of the underlying asset.

VEGAN LEATHER

Vegan leather refers to a range of alternatives to animal-derived leather that do not contain any products of animal origin. Vegan leathers fall into two main categories: 1. Widely available 100% synthetic oil-based imitation (faux) leathers, such as thermoplastic polyurethane (PU), polyurethane laminate (PUL) and polyvinyl chloride (PVC); 2. emerging plant-based alternatives including cork leather, […]

VEHICLE EMISSIONS INSPECTION PROGRAM

A mandatory vehicle emissions testing and repair program administered by ADEQ in metropolitan Phoenix and Tucson to reduce vehicle emissions and improve air quality.

VELOCITY

Time rate of motion; distance traveled in a unit of time, usually in feet per second.

VENDOR

A company or person offering a product or service for sale