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Demystifying the Carbon Markets Episode 7 | David Antonioli, CEO Verra

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How Is a Methodology Approved?

Methodology lays out the detailed procedures for determining a project's eligibility, its baseline omissions and being able to measure those emissions reductions. The first thing we do is required proponents to some concept. We review that, and then at some point we either decide to accept it into the methodology approval process or not. There may beke nine steps right to approving methodology. If it's kind o on a positive list, you're good to go. But if it's approved by us, there's also a need to hire an expert who can look at the methodology in more detail. And depending on what type of solution they are trying to achieve, this might require experts too.

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