Methodology approval process
New methodologies proposals and methodology revisions are approved through the process set out in this ICR methodology approval process, consisting of a review by the ICR, a public stakeholder consultation, an independent assessment by a validation/verification body, and final approval by the ICR board.
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Methodology development
Methodologies include requirements towards a specific type of climate project that, with their application, conform
to the requirements of ISO 14064-2, ICR requirements, and other normative requirements. They set out
requirements and guidelines for establishing the baseline scenario, quantification, monitoring, and confirmation
requirements that ensure consistency in their application and resulting impacts in mitigation outcomes specific
climate projects. If ICR or other GHG programs have not already approved a methodology applicable to the climate
solution, the project proponent needs to develop and propose a new methodology for approval by the ICR.
Process
The methodology developer shall follow the requirements in the ICR methodology requirements, use the
methodology description template for the development and strive to safeguard structural integrity, consistency, and
readability. The methodology shall follow all instructions in the methodology description template and justify all
deviations.
More about the methodology approval process and requirements here.