Verified Carbon Standard – Patagonia Land Conservation https://www.patagonialandconservation.com Promoting sustainable land use practices across industries like tourism, food production and real state Thu, 11 May 2023 21:33:03 +0000 en-US hourly 1 Guidelines and standards for a Carbon offset project as per the Verified Carbon Standard (VCS) https://www.patagonialandconservation.com/2023/02/06/guidelines-and-standards-for-a-carbon-offset-project-as-per-the-verified-carbon-standard-vcs/ Mon, 06 Feb 2023 03:00:00 +0000 http://www.patagonialandconservation.com/?p=367
  • Project Boundary: The project boundary should be clearly defined, including the physical extent of the project and the GHG sources and sinks that are included or excluded.
  • Additionality: The project should demonstrate that the GHG emissions reductions are additional to what would have occurred in the absence of the project.
  • Baseline Emissions: A baseline for the project should be established that represents the most likely scenario of GHG emissions in the absence of the project.
  • Monitoring: The project should establish a monitoring plan to ensure that the project is implemented as intended, and to quantify the GHG emissions reductions achieved.
  • Reporting: The project should report annually on the GHG emissions reductions achieved, and undergo third-party verification to ensure the accuracy of the reported emissions reductions.
  • Permanence: The project should demonstrate that the GHG emissions reductions achieved will be permanent, or will last for a specified period of time.
  • Leakage: The project should assess and address the potential for leakage, or the displacement of emissions to other locations or sectors as a result of the project.
  • Stakeholder Engagement: The project should engage with stakeholders throughout the project cycle, including local communities, Indigenous peoples, and other relevant groups.
  • Social and Environmental Safeguards: The project should identify and address any potential social and environmental risks associated with the project, and implement appropriate safeguards to minimize or mitigate those risks.
  • Registry: The project should be registered with an approved GHG registry to ensure transparency and accountability in the accounting and reporting of GHG emissions reductions.
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