VCS
Define what is start date?
The date on which the project began generating GHG emission reductions or carbon dioxide removals.
Define What is Start date?
Earliest day that PP committed expenditures related to the implementation of the Project (doesn’t include land purchasing)
Contracts signing for equipment or construction/operation
Contracting fees for FS
Which principle is this: Enable meaningful comparisons in project activity-related information.
Consistency
Which country law that Gold standard Foundation operates under?
Swiss Law
Rank which climate protocols came first to last among Paris Agreement, Kyoto Protocol, Rio Convention.
1. Rio Convention
2. Kyoto Protocol
3. Paris Agreement
When is the deadline to do Revalidation?
2 years after the end of the previous CP
How often do we need to do verification and when should the first one occur?
Verification must occur at least once during the five-year Certification cycle with the first Verification completed within two years of project Implementation Date or Design Certification, whichever is later. The Project implementation date is defined as the date at which physical activity first becomes operational, for example, the commencement of energy generation or start of distribution of household technology.
Which principle is this: Select the GHG sources, GHG sinks, GHG reservoirs, data, methodologies and all other information that is appropriate to the needs of the intended user.
Relevance
Name the 7 Kyoto proocol GHG
Carbon dioxide (CO2)
Methane (CH4)
Nitrous oxide (N2O)
Hydrofluorocarbons (HFCs)
Perfluorocarbons (PFCs)
Sulphur hexafluoride (SF6)
Nitrogen trifluoride (NF3)
Which 2 countries are the first to transfer ITMO under Article 6.2?
None
Is the following activity eligible under VCS Program “Activities recovering waste heat for combined cycle electricity generation, or to heat/cool via cogeneration or trigeneration in non-LDC”
No
What is included in the Preliminary Review?
Key Project Information, Preliminary Form, LSC Report
Which principle is this: Include all relevant GHG sources and sinks, and information to support compliance with all requirements.
Completeness
When and Which state was VERRA Founded?
2007 , Washington DC
What are the three main mechanisms of Kyoto Protocol?
CDM, Joint Implementation, Emission Trading
Can Validation (including project CP renewal) and the first verification of a project (in a given project CP) undertaken by the same VVB?
Yes
If you went to Verification Site Visit with Auditor on May 2023 for monitoring period of 1 January 2021 - 31 December 2021. The verification has been completed by October 2023. Which Year of Annual Report do you have to submit and by when?
Submit Annual Report for 2022 and submit by 31st December 2023
Name 2 principle that covers this definition: Reduce bias and uncertainties as far as it is practical/cost-effective, or otherwise use conservative assumptions, values and procedures to ensure that GHG emission reductions or net anthropogenic GHG removals are not overestimated.
Accuracy and conservativeness
How many type of Projects scale are there in VERRA. Please state the differences between them. /
Project ≤ 300,000 tCO2e/year
Large project ≥ 300,000 tCO2e/year
In Vlad Presentation, What are the three approved VCM Method in SEA for Methane Technologies?
Landfill Gas, Wastewater treatment (industrial & municipal), Biogas (larger than household levels)
Sustainable Development Verified Impact Standard (SDVISta)
Climate, Community and Biodiversity Standards (CCBS),
Social Carbon
W+(Women empowerment)
Article 6, Article 6.2 compliant
List all the criteria in order for Verification to officially starts.
5.1.25 Principle and Requirements:
(a) Project has achieved Gold Standard Certified Design status (it may also be combined with validation, see ‘Combined Design and Performance Certification’), AND
(b) The Project Developer has contracted an eligible VVB, AND
(c) The Project Developer has submitted the Monitoring Report to the VVB, AND
(d) The Project Developer has notified Gold Standard of the commencement of Verification.
Name 6 principles in 10 seconds
Consistency, Completeness, Conservativeness, Accuracy, Transparency, Relevancy
When issuing credits in Gold Standards, what are the issuance fee to be paid at the time of issuances and how much are them?
Issuance First Year: 0.15 USD
Subsequent Years Issuance 0.3 USD
What is a round number of the carbon footprint of a flight from Narita to New York City. NRT -> JFK
2.92 tCO2e
(2-4 tCO2e is an acceptable answer)
https://calculator.carbonfootprint.com/calculator.aspx?lang=en-GB&tab=3