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Designated verified carbon standard projects

26 August 2016

ERF

The method sets out the detailed rules for implementing and monitoring offsets projects that were previously validated under the Verified Carbon Standard (the VCS) and implemented the approved VCS methodology VM0010—Methodology for improved forest management: Conversion from logged to protected forest (the VCS method). Other projects, including projects that protect native forests not validated under the VCS are not eligible under this method.

The designated verified carbon standard method was open to projects that were registered under the VCS before the Carbon Farming Initiative Amendment Act 2014 commenced and applied to be registered under the Emissions Reduction Fund before 30 June 2015.

Method variations

Section 114 of the Carbon Credits (Carbon Farming Ini​tiative) Act 2011 (the Act)​ ​allows for methods to be revised and varied. This is to ensure methods continue to operate as originally intended. Variations to methods are developed and drafted by the Department of the Environment and Energy. Information on draft methods and method variations is available on the Department of the Environment and Energy’s website.

The Clean Energy Regulator recommends making yourself familiar with proposed method variations relevant to your project should they arise, and how any changes between the original method and the varied method may affect your project plan.

Method

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