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Methodology

Carbon & Climate Markets — technical framing

Normative references, selection criteria and architecture of a high‑integrity project.

1. Architecture of a high‑integrity project

A high‑integrity project satisfies five cumulative conditions: demonstrated additionality, a conservative and revisable baseline, guaranteed permanence (buffer pool), rigorous monitoring (MRV), and robust social and environmental safeguards (Cancún safeguards, IFC PS, FPIC).

Methodological decision tree

  • Tropical forestry sector, > 1,000 ha, eligible jurisdiction: VM0048 (Verra VCS) or ART‑TREES — favour ART where a jurisdiction participates in the LEAF Coalition.
  • Agroforestry & smallholders: Plan Vivo or VCS with adapted AFOLU modules.
  • Biogas, energy efficiency, clean transport: Gold Standard for the SDG premium, VCS for scalability.
  • Jurisdictional compliance market: Article 6.2 (North–South bilateral cooperation) or 6.4 (centralised mechanism, post‑2024).

2. Four non‑negotiable quality signals

  1. ICVCM Core Carbon Principles: documented alignment with the 10 CCPs (governance, emissions, sustainable development).
  2. VCMI Claims Code of Practice: buyer‑side usage framework (Silver, Gold, Platinum claims).
  3. CORSIA eligibility (aviation) for projects targeting that specific market.
  4. Article 6 compatibility to prevent double counting (corresponding adjustments).

3. Donors and financing mechanisms

  • World Bank — FCPF (Forest Carbon Partnership Facility), BioCarbon Fund, SCBFEP (Scaling Climate‑Smart Beneficiation, Forest & Environmental Projects) — H2 2026 window.
  • AFD — Facility 2050, ProParco for private project co‑financing.
  • GEF — FSP (Full Size Projects) and MSP (Medium Size Projects).
  • Green Climate Fund (GCF) — adaptation and mitigation projects, Simplified Approval Process window.
  • LEAF Coalition — jurisdictional ART‑TREES 2 purchasing.

4. Resources

For a full methodological note (PDF, 12 pages) available for download: Publications V4 → Carbon Markets Pole.