Nature Climate Standard
MethodologiesModulesGovernance
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English
  • 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. 4. Validation and Verification Requirements

4.6 Validation and Verification Body Oversight

In addition to the qualification requirements, NCS is empowered to oversee VVB activity during the validation and verification process. Oversight can include review of VVB documentation, including verification plans, reports, opinions and conflict of interest disclosures, as well as review of project proponent documentation.

NCS may suspend approval of a previously approved VVB and will report significant and/or repeated VVB performance concerns to the relevant accreditation body.

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Last updated 7 months ago