Eligibility and empanelment
A VVB is eligible if it is a UNFCCC Designated Operational Entity, an active Verra VVB, or accredited to ISO 14065 or ISO 17029. Empanelment takes an application, a review, the annual fee and a signed agreement.
Eligibility
Meet one of these, in the relevant sectoral scope:
- Accredited as a Designated Operational Entity (DOE) by the UNFCCC, under the CDM or Article 6.4.
- Listed as an active VVB under Verra’s Verified Carbon Standard (VCS).
- Accredited to ISO 14065 or ISO 17029 by an accreditation body that is a member of the IAF or GAC MLA, with competent sectoral experts.
Assessing methodologies needs further experience; see Methodology assessment by VVBs.
Article 6.4 accreditation, ISO 17029 and the GAC MLA were added in version 1.1.
Steps
- Apply. Submit the application form with evidence (certificates with validity dates, expert CVs) and pay the application fee.
- Review. NCCF reviews within 14 working days. If clarification is needed, you get one chance to resubmit. Fees for rejected applications are not refunded.
- Pay the annual empanelment charge within 7 working days of approval.
- Sign the agreement within 7 working days of NCCF’s first communication.
- Listing. NCCF lists you on the website within 5 working days of receiving the signed agreement.
Fees
| Fee | INR |
|---|---|
| Application charge | 10,000 |
| Annual empanelment charge | 50,000 |
Documents
- Procedure for Empanelment of VVBs
- Application form and agreement, on the VVBs page
Suspension
NCCF may suspend a VVB for non-compliance. A suspended VVB must go through the full empanelment procedure again. Questions: cri.vvb@nccf.in.
Sources
- Validation and Verification Standard v1.1, sections 8.1, 8.3 to 8.5
- Procedure for Empanelment of VVBs, sections 4 and 5
- Fee Schedule, items 15 and 16
