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What’s new in version 1.1

Version 1.1 of the Carbon Standard and the Validation and Verification Standard applies from 7 March 2026. It lowers the project scale thresholds, adds Independent VVB Experts for micro-scale projects, relaxes validation deadlines and broadens VVB eligibility.

DocumentsLast reviewed 23 October 2026

Key dates

Version 1.1 approved24 September 2025
Applies from7 March 2026
Transition periodOne year
Previous version1.0, approved 16 September 2021

At a glance

ChangeVersion 1.0Version 1.1
Micro scaleUp to 20,000 tCO2e a yearUp to 10,000 tCO2e a year
Small scaleAbove 20,000 to 100,000 tCO2eAbove 10,000 to 60,000 tCO2e
Large scaleAbove 100,000 tCO2eAbove 60,000 tCO2e
Who can audit micro-scale projectsEmpanelled VVBsEmpanelled VVBs, or Independent VVB Experts (IVVEs)
Validation deadline, non-AFOLUListing within 1 year and validation within 2 years of the start dateValidation within 3 years, or 4 years where a new CR-I methodology took 2 years to validate
Validation deadline, AFOLUListing within 2 years and validation within 5 yearsListing within 5 years and validation within 6 years
VVB eligibilityCDM DOE; Verra VCS; ISO 14065 via an IAF memberAdds UNFCCC Article 6.4 accreditation, ISO 17029, and GAC MLA members
Methodologies built on LCANot provided forAllowed on EPD principles with a third-party-verified LCA (ISO 14044); not assessed by VVBs
Sectoral scopes1516, adding carbon capture and storage; afforestation and reforestation also covers grassland management

New: Independent VVB Experts for micro-scale projects

Micro-scale projects can now be validated and verified by qualified individual experts, working jointly with another IVVE or a VVB. An IVVE needs ISO 14064 training, at least three years and five assignments of GHG validation or verification experience, and must pass NCCF’s CR-I evaluation. IVVEs follow conflict-of-interest rules, use the CR-I report templates, are observed in shadow audits on their first assignments and re-qualify every year. They cannot audit Programmes of Activities. See Independent VVB Experts.

Smaller scale thresholds

The thresholds are now 10,000 and 60,000 tCO2e a year instead of 20,000 and 100,000. Scale decides the registration fee, the issuance cap, automatic additionality, the safeguards requirement and whether an IVVE can be used. The simplified route for micro-scale projects is unchanged: automatic additionality, a preliminary study instead of a full ESIA, no safeguard reporting in each monitoring report, and an optional site visit. See Project scale.

More time to validate

Validation deadlines are longer, and a project waiting for a new CR-I methodology gets an extra year. The Registration and Issuance Procedure v1.0 still shows the version 1.0 periods. See Start date and deadlines.

Broader VVB eligibility

Bodies accredited under the Paris Agreement’s Article 6.4 mechanism, and bodies accredited to ISO 17029 through an IAF or GAC MLA member, can now apply for empanelment. See Eligibility and empanelment.

New: LCA-based methodologies

A methodology can now be developed on Environmental Product Declaration (EPD) principles, backed by a Life Cycle Assessment (LCA) verified by a third party under ISO 14044.

  • The baseline can use an approved LCA value calculated with recognised LCA software.
  • Emission reductions are quantified using only an approved EPD value.
  • LCA-based methodologies are not assessed by VVBs. Other new methodologies still need two independent VVB assessments.

What has not changed

The exclusion list, crediting periods, the four-SDG rule, the Delegate Entity requirement, methodology deviations, IPCC AR4 Global Warming Potentials, the rules for external projects, the materiality thresholds and the VVB categories are the same as in version 1.0.

Sources

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.