Can CRTs issued under the CCAR program be converted into VCUs?
GHG emission reductions or removals registered under a VCS-approved GHG program can be converted into VCUs. For example, Climate Reserve Tonnes (CRTs) can be converted into VCUs. The CRTs must be cancelled by the administrator of the CCAR program and evidence of this cancellation must be presented to a VCS Registry as part of the VCS project registration and VCU issuance process. Further information is available in the guidance document VCS Project Registration and VCU Issuance Process. Note that CRTs from projects approved under the CCAR Forest Project Protocol cannot be converted into VCUs because the CCAR Forest Protocol does not rely on a buffer approach to ensure permanence in respect of Agriculture, Forestry and Other Land Use projects.
Related Questions
- I am changing my educational program level within Penn (For example, you have begun a new program at Penn and have been issued a new I-20 at a new educational level.) Do I still need to attend ISO?
- When terminated from a program or grant training, why are approved participants required to repay all funding issued on their behalf within 30 days?
- Can CRTs issued under the CCAR program be converted into VCUs?
