Nature Climate Standard
MethodologiesModulesGovernance
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  • Nature Climate Standard
    • Preamble
    • 1. Introduction
      • 1.1 Scope
      • 1.2 Versioning
    • 2. Methodology Requirements
      • 2.1 Methodology Certification Process
      • 2.2 Consultation Requirements
      • 2.3 Modular Framework
      • 2.4 Updates to Methodologies
      • 2.5 Methodology Contents
      • 2.6 Grandfathering of Existing Projects
    • 3. Project Requirements
      • 3.1 Ownership
      • 3.2 Documentation
      • 3.3 Eligibility
      • 3.4 Project Crediting
      • 3.5 Stakeholder Input Process
      • 3.6 Regulatory Compliance
      • 3.7 Environmental and Social Impacts
      • 3.8 Transparency
      • 3.9 Early Termination by the Project Proponent
    • 4. Validation and Verification Requirements
      • 4.1 Validation and Verification Body Requirements
      • 4.2 Validation and Verification Process
      • 4.3 Materiality Threshold
      • 4.4 Conflicts of interest
      • 4.5 Rotation of Validation and Verification Bodies
      • 4.6 Validation and Verification Body Oversight
    • 5. Crediting
      • 5.1 Credit Attributes
      • 5.2 Issuance Process
      • 5.3 Transfer and Delivery Rules and Ownership History
      • 5.4 Retirement Rules
      • 5.5 Retirement Certificates
      • 5.6 Reversals and Buffer Pools
      • 5.7 No Double Counting
    • 6. Glossary
  • Feedback on the Standard
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  1. Nature Climate Standard
  2. 3. Project Requirements

3.3 Eligibility

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Last updated 5 months ago

Projects are only eligible to generate credits for activities that are exclusively registered with the NCS registry. Projects are only eligible to receive credits on the NCS registry using an NCS certified methodology.

NCS or the appointed VVB may issue clarification requests (CR), corrective action requests (CAR) or forward action requests (FAR) to the project proponent during the validation process. Any such requests must be addressed by the project proponent during the validation process. A summary of the comments received will be published once project validation is complete.

A stakeholder input process may be required, as set out in section .

At the time of project application, projects must use the latest available version of a certified methodology, unless a grace period has been explicitly specified by NCS.

Projects which have already been validated may continue to apply the version of the methodology they were validated under until the next revalidation, unless otherwise specified in the updated methodology.

Projects must comply with all relevant laws and regulations in the jurisdiction in which they operate.

Projects must be additional, as defined in the NCS additionality () requirements.

The project proponent is required to notify NCS of any changes to operations that could change the eligibility of their project.

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