A unit issued or assigned 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 specific type of environmental or social benefit (i.e., SD VISta Asset, Verified Carbon Unit, Waste Collection Credit, or Waste Recycling Credit)
The Verra website: www.verra.org
Holding multiple types of licenses in the same jurisdiction
A legal term for a certificated or perfected water right.
The year of emissions reduction that a carbon credit belongs to. The vintage of an offset may not necessarily match the year of the transaction, and the vintage year may even be in the future.
Vintage in the context of carbon credits refers to the year in which the carbon reduction or removal project took place and the associated credits were generated. Each carbon credit is associated with a specific vintage year, which is important for tracking and accounting purposes in carbon markets. For example, a carbon credit from a […]
The year GHG Emissions reductions for an issued offset were deemed to have occurred. The vintage of a carbon offset can be indicative of the quality of the carbon offset and its underlying project, and thus is a principal factor in determining the carbon offset’s value.
The time period for which a particular set of GHG emission reductions or removals generated by the project or program are verified, which may be any subset of a verification period
A forest that has never been harvested or altered by humans.
