VERIFICATION POLICIES ACKNOWLEDGEMENT AND AGREEMENT FORM

Verification bodies must have a duly authorized representative of its organization sign and submit the legally binding Verification Policies Acknowledgment and Agreement form to the Reserve on an annual basis. This required agreement between the Reserve and verification bodies ensures that personnel performing verification activities are aware of their roles, responsibilities and obligations under the […]

VERIFICATION PROGRAM MANUAL

Verification Program Manual details the requirements of its verification program and provide approved verification bodies with a standardized approach to the independent and rigorous.

VERIFICATION REPORT

A detailed report that a verification body prepares for a Member, describing the scope of the verification activities, standards used, emissions sources identified, sampling techniques, evaluation of Member’s compliance with the General Reporting Protocol, assumptions, and a list of material and immaterial misstatements, if any.

VERIFICATION REPRESENTATION

The deed issued by the validation/verification body, referencing the verification report to which it relates, containing a unilateral representation that it has verified the relevant GHG emission reductions or removals in accordance with the applicable VCS Program rules, and which is prepared using the VCS Verification Deed of Representation Template; or The deed issued by […]

VERIFICATION STAFF REPORTING FORM

Verification bodies must identify to the Reserve all staff members who are designated as verifiers and serve as key personnel in Exhibit A of the Verification Policies Acknowledgment and Agreement form.

VERIFICATION STATEMENT

A document stating the verification body’s findings that the Member’s emission report is verifiable (or not).

VERIFICATION TEAM

Employees or subcontractors of a verification body, acting for the verification body to provide verification services for a Member.

VERIFIED

A project is considered “verified” when the project verification body has submitted the project’s Verification Statement and the Verification Report in the Reserve system.

VERIFIED CARBON UNIT (VCU)

A unit issued by and held in the Verra Registry representing the right of an accountholder in whose account the unit is recorded to claim the achievement of a GHG emission reduction or removal in an amount of one (1) metric tonne of CO2 equivalent that has been verified by a validation/verification body in accordance […]

VERIFIED EMISSION REDUCTION (VER)

A carbon credit created by a project which has been verified outside of the Kyoto Protocol. One VER corresponds to one ton of CO2e emission reductions.