ClimateCHECK, Gold Standard and IOTA Foundation are seeking feedback on a White Paper on Digitising Verification for Climate Markets.
The White Paper maps the current relevant standards, initiatives and resources for digital verification and outlines the next steps to develop guidance and resources to advance effective digital verification in the carbon market. It identifies several potential scenarios for future digitisation.
Gold Standard, IOTA Foundation and ClimateCHECK are working together in an Open Collaboration aimed at improving the supply side, demand side, and interoperability of the carbon market. This consultation is an outputs of the ‘Digital Monitoring, Reporting and Verification (DMRV)’ working group led by ClimateCHECK, which aims to increase efficiency, utility and coherence of emissions accounting, and particularly for emission reduction credits, and to inform how to upgrade and digitise quantification methodologies as well as verification processes and systems.