The reductions must be quantifiable using accurate measurement and calculation of the amount of GHG emissions reduced.

Independent TPVs ensure that the reported emission reductions are accurate and in compliance with relevant standards.

The approach to measuring and reporting emissions reductions should be consistent over time and comparable across projects.

Each project should not result in increased emissions outside the project boundary, ensuring that efforts to reduce emissions in one area do not inadvertently cause an increase in another.

Each project’s methodology, execution, and results should be transparent and publicly available to ensure accountability.

Projects must be additional to any that would have occurred in the absence of the carbon credit project, meaning the project creates emission reductions that would not have happened under a “business as usual” scenario.

Each project must have reduced, avoided, or removed genuine, measurable quantities of GHG emissions.

Projects ideally also contribute to sustainable development goals (“SDGs”), such as improving local air quality or providing social and economic benefits to local communities.

GHG emission reductions should be long-lasting, not reversible, and shall remain sequestered permanently rather than being released though natural processes or human activities.