Emission Reduction Verification definition
Emission Reduction Verification is conducted by a GHG verifier before the Project Issuance Stage and aims at periodic independent evaluation and ex-post determination of monitored and reported GHG emission reductions that have occurred as a result of the registered GCC project activity. This is checked against the requirements of the ISO 14064-2, ISO 14064-3 and GCC Rules, including Verification Standard, and the information provided in the GCC Project Submission Form and GCC Monitoring Report Form. The GCC Verifier conducts verification and submits the Emission Reduction Verification Report to Project Owner and GCC. The GCC Verifier’s written conclusion regarding its Emission Reduction Verification of a registered GCC Project Activity is called Emission Reduction Verification Opinion. The written assurance of Emission Reductions by a GCC Verifier, is called as Emission Reduction Certification Statement. The statement essentially states that, during a specified time period, the GCC registered project activity: (i) has been implemented as per the information provided in the registered Project Submission Form (PSF); and, (ii) has actually achieved the quantified amount of reported GHG emission reductions as verified. In addition, depending upon the project owner’s selection of choice in the PSF, the Emission Reduction Certification Statement may also state: (i) project has implemented safeguards which has provided protection against negative environmental/social impacts and it does not harm the environment in totality by following ‘Do-No-Harm’ requirements; and (ii) project has contributed to the achievement of UN Sustainable Development Goals (SDGs), including targeted certification labels (Bronze, Silver, Gold, Platinum, Diamond), as defined in the registered PSF’ (refer to Procedure for approval of GCC Verifiers);
Emission Reduction Verification means a systematic evaluation process for calculating and reporting project baseline emissions, project emissions, and emissions reductions.
Emission Reduction Verification means a systematic, and documented process for evaluation of an Emission Reductions Project Report for calculating and reporting project baseline emissions, project emissions, and emissions reductions.
More Definitions of Emission Reduction Verification
Emission Reduction Verification is conducted by a GHG verifier before the Project Issuance Stage and aims at periodic independent evaluation and ex-post determination of monitored and reported GHG emission reductions that have occurred as a result of the registered GCC project activity. This is checked against the requirements of the ISO 14064-2, ISO 14064-3 and GCC Rules, including Verification Standard, and the information provided in the GCC Project Submission Form and GCC Monitoring Report Form. The GCC Verifier conducts verification and submits the Emission Reduction Verification Report to Project Owner and GCC. The GCC Verifier’s written conclusion regarding its Emission Reduction Verification of a registered GCC Project Activity is called Emission Reduction Verification Opinion. The written assurance of Emission Reductions by a GCC Verifier, is called as Emission