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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  1. GOVERNANCE
  2. OCP Governance Structure

OCP Board

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Last updated 4 days ago

Advisory Board Appointments

  • Board members are appointed by oneshot.earth leadership after ensuring unanimous approval and no conflicts of interest are present.

  • Board composition is considered to ensure a diverse range of perspectives and expertise are represented.

Board Responsibilities

  • Overall responsibility for the long-term success of the OCP platform

  • Reviews & approves:

    • Internal processes and updates to our Handbook,

    • Approach to risk management (i.e., COI, AML, and anti-bribery protocols),

    • Annual audit results (platform, methodologies, projects, experts),

    • Annual financial & operational reports,

    • Solutions to ad-hoc grievances or complaints.

  • Suggests:

    • Improvements to the OCP platform, including rule updates

    • When we need public consultations (whole community or specific experts)

    • When an ad-hoc team is necessary to address grievances and the process to assemble the team.

How the Board Makes Decisions

  • The OCP Board is scheduled to review the Handbook and COI register updates every quarter. Ad-hoc meetings may be called for critical or time-sensitive situations.

  • Decisions are made by majority vote, with the option to abstain. Decision results and clarifying comments will be published as part of the Board notes, which will be recorded by the Secretariat and published in the OCP Handbook.

  • Any decisions that cannot be made at the time will be recorded along with what is needed to make a decision next time (e.g., more data, additional expertise).

  • The Board can vote to send a decision to public consultation, either with the public, with the OCP community of users, or with specific expert groups. Public consultation periods run for 30 days, and all comments and responses will be published.

Board Meeting Notes

To be published after first Board meeting 2024