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Sustainable Development Services
4,000,000 - 5,000,000 Per Number
At VPA India, we help the clients during the whole procedure, which involves the following steps. We are involved in various Gold Standard projects across the World as a Consultant and Developer. In general, the GS project development and monetization process cycle consists of the following steps: Ø Review of the project activity and preparation of strategy Ø Decide whether to register the project as a single standalone GS Project Activity (GS-PA) or as a GS Programme of Activities (GS-PoA) where multiple project instances can be included in the PoA at a later stage. Ø Preparation of Project Idea Note Ø Intense discussions between project owner and VPA India to solidify the approach to be followed to accomplish the task of monetization of the carbon and environmental attributes. At this time generally the crediting period to go for is decided. For GS PA / PoA the crediting period is either for 5 years renewed once so that the total project crediting period is 10 years. Every time, at the time of crediting period renewal the base line has to be reassessed and applied accordingly. Generally during these discussions, the applicable approved GS /CDM methodology to be used should have been decided. In case it is found that there is no approved technical methodology which is applicable as per the existing or proposed project activity then a new methodology is to be written and get it approved from the Gold Standard Secretariat. It may be possible that along with the new methodology approval application we may submit the project for the Validation also. Ø Appointment of GS VVB. As per the approved methodology “Project Document” or “Project Document + Monitoring Report and “Annual Report” shall be prepared as may be applicable from case to case. By this time local stake holder consultation must have been completed and recorded the details as appropriate in the project documents. Submission to GS for preliminary review and listing is a requirement for Project Design certification. Subsequent submission of project documents to GS VVB along with GS feedback is necessary to start the Design Certification. Ø Obtaining Host Country Approval letter is not necessary for GS projects. Ø GS VVB issues the audit findings after conducting the project onsite audit. Ø Audit findings are replied with relevant evidences and there after GS VVB may close all CAR’s and CL’s and issues the Final Validation Report to Project owner. Alternatively, GS VVB may issue a negative opinion. Ø Once the project documents are uploaded in the Registry system, GS may select the project for review. If the project is selected for review by GS, VVB along with the Project owner shall reply to GS findings and close all the GS findings satisfactorily. Ø Once GS clears the project then it is registered with GS. GS rejection of the registration request is also a possibility. Ø Adding of GS Programme Activity/ies (VPA/s) to the GS PoA after due audit by the GS VVB. GS rejection of the VPA addition request is also a possibility. Ø One can go for only GS PA / GS PoA validation or validation + verification as may be necessary depending on the project circumstances and preference. Ø If necessary, GS labelling is done for CDM registered projects along with the above-mentioned steps. PROJECT POST REGISTRATION STEPS IF THE PROJECT IS ONLY VALIDATED AT THE FIRST ATTEMPT The number of Performance Certifications in a 5-year certification cycle is not limited although it must take place at least once, no later than two years after Project implementation or Design Certification, whichever is later. In case of Design Certification Renewal, it must take place no later than two years after initial Design Certification. Ø The maximum number of Design Certification Renewals and whether a certain number or automatic or reduced in scope is governed by individual Activity Requirements and/or Product Requirements. In the absence of any such stated Requirement, a Project is limited t
