Project Proposal Flow
Last updated
Last updated
A Project Developer proposes a new project using new or existing OCP methodologies.
Project developers who wish to propose a new project must make an account and fill out the proposal questions on the OCP platform. See our project proposal flow below.
The PD provides evidence of validity:
Eligibility under the selected methodology + any applicability concerns
Baseline scenario
Permanence
Additionality
Leakage
Prior 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.
MRV: Monitoring, Reporting and VerificationAll documents, APIs, and communication history are 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 publicly 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 with the project page on the registry.
We also include sections in the project proposal form for project developers to demonstrate they have engaged in public engagement and consultation to assess social and environmental impacts prior to project implementation.
The Open Carbon Protocol has the 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.
a) full new project proposal
b) at the least, reassessment by VVB of baseline + review of the conditions & barriers overcome by revenues from carbon credits and whether they are still required.
