Credit Class vs Methodology

Clarification on what belongs in a credit class and what belongs in a methodology

This list distinguishes between the content that is belongs in a methodology and that which belongs in a credit class. In certain cases the credit class and methodology can be combined into one document (preexisting methodologies from other registries and some non-carbon methodologies).

Credit Class: Overarching requirements and protocols

• Project Eligibility: Ecosystem Service Classification, Ecosystem Type

• Project rules and regulations

• GHG Removal and Emission Reduction Requirements

• Verification requirements

• Purchasing, Retiring, Selling credits

• Buffer Pool

• GHG accounting related requirements including permanence, leakage and additionality

• Compliance requirements

• General Co-Benefits that could apply

• Crediting Unit

• Crediting Term

• Project emissions

Methodology: Measurement approach for developing monitoring reports

• Methodology overview

• Definitions

• Baseline scenario

• Monitoring and measurement approach

• Specific Co-benefits

• Reporting - methods and cadence

• Uncertainty