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Validation and Verification Standard v1.1

The Validation and Verification Standard sets the rules VVBs follow to validate projects, verify results and assess methodologies, including eligibility, materiality and performance review.

DocumentsLast reviewed 23 October 2026

ReferenceCRI-STD-VVB-1.1/2025
Version1.1 (version 1.0 approved 16 September 2021)
DateApproved 24 September 2025; applies from 7 March 2026, with a one-year transition period
Applies toVVBs and IVVEs; a reference for IPPs and IMDs
DownloadValidation and Verification Standard v1.1 (PDF)

What it covers

SectionTopicRead more
7Auditing principlesWhat a VVB does
8Empanelment of VVBsEligibility and empanelment
9Independent VVB Experts for micro-scale projectsIVVEs
10 to 12Materiality, level of assurance and techniquesMateriality
13Performance review and categoriesPerformance
Part A (14 to 17)Validation, clustering, external projects and PDCsValidation
Part B (18 and 19)Verification and renewal of crediting periodMonitoring and verification
Part C (20)Assessment of methodologies and toolsMethodology assessment

Key numbers

  • At least reasonable assurance.
  • Materiality: ±5% up to 20,000 tCO2e, ±3% up to 100,000 tCO2e, ±1% above.
  • VVB categories: I (20 to 25), II (9 to 19), III (1 to 8).
The 17 UN Sustainable Development Goals, with SDG 13 Climate Action highlighted. Every CR-I project contributes to at least four SDGs, including SDG 13.