MRV: Monitoring, Reporting and Verification

  • During the Project Proposal, the Project Developer schedules ‘monitor/issuance’ dates throughout the project time frame (can be more frequent than annual) and specifies who is responsible for collecting monitored data: dMRV partner(s), or internal measurement.

  • On ‘monitor/issuance’ date, data is requested from dMRV providers (ideally via API, but can be manual) and inputted into the equation provided by the methodology.

  • If dMRV has already been validated, data is internally diligenced and credits automatically get issued.

  • If the data comes from the PD, we re-verify the data using the evidence they provide.

Digital MRV (dMRV)

  • We encourage all project developers to use digital monitoring & reporting techniques in their project design (where possible) to ensure the highest degree of data accuracy and transparency.

  • We're exploring how direct data streams from digital measurement sources (e.g. satellites or sensors) can be pre-verified during the project validation stage, and then credit issuance can be automated as true impact data is received via API.

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