VCM Project Cycle

The steps of the voluntary carbon market project cycle may differ depending on which VCM standard is applied.  The standard will provide the exact steps.

The timeline for each step of the VCM cycle varies greatly but the process, from PIN writing to registration, typically takes 6 - 12 months.  After registration and commencement of operation of a project, monitoring is often done for one year prior to verification and issuance of Voluntary Emissions Reductions (VERs).  Typically, verifications and issuances are then completed on an annual basis.