Open Carbon Protocol Handbook
  • Welcome to the Open Carbon Protocol
  • The OCP Process Overview
  • Back to the OCP
  • GOVERNANCE
    • OCP Governance Structure
      • OCP Board
    • Conflict of Interest
    • Annual Audit Process
    • Stakeholder Engagement & Complaints
    • Business Model & Financial Transparency
    • OCP Sustainability: Environmental and Social Strategy
    • KYB & Anti-Money Laundering Policy
    • Anti-Bribery and Corruption Policy
  • METHODOLOGIES
    • Methodology Development, Feedback & Approval
      • Underlying Credit Value & Uncertainty
      • Methodology Demo Videos
      • OCP Methodology Requirements
    • The Expert Community
  • PROJECTS
    • Project Proposal Flow
      • Project Proposal and Validation Demo Videos
    • Third-Party Validation
      • MRV: Monitoring, Reporting and Verification
    • Safeguards, Co-Benefits & SDGs
    • Mitigating Project Risk: Insurance and Buffer Pool
  • REGISTRY
    • The OCP Registry Infrastructure
      • Opening and Closing an Account
    • Credit Issuance Flow
      • Retirement Information
    • No Double Counting
    • Registry Information
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  • Governance Structure
  • KEY PRINCIPLES
  • Updates to the OCP Handbook and Decision Making
  1. GOVERNANCE

OCP Governance Structure

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Last updated 21 days ago

Governance Structure

KEY PRINCIPLES

  1. Consistent, accurate carbon accounting across all types of projects

  2. 'Quality' = consensus of relevant expertise (both academic, industry, and from within the market)

    • High Quality should be the baseline for the industry (confidence + accuracy), and we reach this benchmark through our process (uses industry-leading practices from ICVCM + modeled after peer review process)

    • We aim to issue highly impactful credits that meet buyers' needs + drive environmental and social change.

  4. Transparency drives accountability, openness, and education. We provide the most open + transparent source of documents, processes, and data in the VCM.

  5. Governance should drive three objectives: transparency, accountability & quality.

Updates to the OCP Handbook and Decision Making

The Open Carbon Protocol is constantly developing as market needs unfold. All changes are made with the guiding objectives above, and we request feedback at any time.

Rio Richardson, Chief Product Officer, is responsible for the administration and development of the platform. Decisions are made in consultation with the CEO, COO, and other team members. When there's a debate or uncertainty on how to proceed, issues are presented to the Board.

OCP Board
Conflict of Interest
Annual Audit Process
Stakeholder Engagement & Complaints