Credit Class vs Methodology

Clarification on what belongs in a credit class and what belongs in a methodology

This list distinguishes between the content that is belongs in a methodology and that which belongs in a credit class. In certain cases the credit class and methodology can be combined into one document (preexisting methodologies from other registries and some non-carbon methodologies).

Credit Class: Overarching requirements and protocols

  • Project Eligibility: Ecosystem Service Classification, Ecosystem Type

  • Project rules and regulations

  • GHG Removal and Emission Reduction Requirements

  • Verification requirements

  • Purchasing, Retiring, Selling credits

  • Buffer Pool

  • GHG accounting related requirements including permanence, leakage and additionality

  • Compliance requirements

  • General Co-Benefits that could apply

  • Crediting Unit

  • Crediting Term

  • Project emissions

Methodology: Measurement approach for developing monitoring reports

  • Methodology overview

  • Definitions

  • Baseline scenario

  • Monitoring and measurement approach

  • Specific Co-benefits

  • Reporting - methods and cadence

  • Uncertainty

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