Project Proposal, Monitoring and Verification
Last updated
Last updated
A Project Developer proposes a new project using new or existing OCP methodologies.
The PD provides evidence of validity:
Eligibility under the selected methodology + any applicability concerns
Baseline scenario
Permanence
Additionality
Leakage
Previous Public Engagement / Consultations
as well as setting monitoring dates for the project timeline.
They work together with dMRV and validator partners, and optionally with experts and/or consultants, to agree on a high-quality project plan + dMRV plan
All documents, APIs, communication history is publicly and transparently stored on the blockchain as a single source of truth for future reference. All documentation relating to the project proposal flow is publicaly accessible.
While a proposed project is undergoing third-party validation, the project proposal will be published on the OCP for 15 days of public commentary. The Project Developer must respond to all public commentary as part of the approval process. All comments will be made publicly available.
We also include sections in the project proposal form for previous public engagement and consultation, as well as detailed sections for developers to discuss potential social and community impacts, both positive and negative.
The Open Carbon Protocol has flexibility to incorporate a variety of activity types, though the primary focus is project-based. We have the ability to incorporate jurisdiction-scale for REDD+ projects as well if the opportunity presented itself, though that is not our focus. This would likely require tweaking project proposal questions, and a subsequent public commentary and review period.