Carbon Project Eligibility Criteria
Overview of eligibility indicators and their stage of application in the approval process
Environmental Integrity
1
ELIGIBLE ACTIVITY (MAIN)
Eligible mitigation activity type ie. alignment of mitigation activities with the NDC
2
ADDITIONALITY (MAIN & MADD)
Additionality demonstrated through investment analysis and regulatory surplus
3
BASELINE COMPLIANCE (MADD)
Activity baselines in compliance with NDC target
4
REQUIRED CARBON PRICE (MAIN & MADD)
Estimation of the required carbon price to achieve financial viability
5
NON-PERMANENCE RISKS (MADD)
Accounting for non-permanence risks.
6
METHODOLOGY ALIGNMENT (MADD)
Alignment with IPCC methodologies and best practices for GHG estimations
7
FINANCING SOURCES (MADD)
Blending of financing sources
8
GHG ESTIMATIONS (MADD)
Minimization of uncertainties of GHG estimations
9
LEAKAGE RISKS
Leakage risks shall be minimized
Sustainable Development
10
SDG CONTRIBUTION (MAIN)
Contribution to Sustainable Development Goals
11
EIA CLEARANCE (MADD)
Obtain an Environmental Impact Assessment or Strategic Environmental Impact Assessment
12
SD ASSESSMENT (MADD)
Identify and assess qualitative and quantitative ex-ante Sustainable Development impacts
13
SD MONITORING (MADD)
Sustainable Development as a monitoring parameter
14
NON-PERMANENCE RISKS (MADD)
Accounting for non-permanence risks.
15
METHODOLOGY ALIGNMENT (MADD)
Alignment with IPCC methodologies and best practices for GHG estimations