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The U.S. Green Building Council Web site makes following these guidelines easy, by providing project profiles, courses in green building and guidelines for project certification and accreditation.
Therefore, one major aspect of efficiency seeking forest carbon standards is the reduction of costs for project certification and the reduction of information asymmetries on the quality of a carbon credits between the project developers and the buyers.
Regarding the technical constraints of A/R project certification, well experienced actors emphasised the lack of widely applicable and easily available technical and scientific data that are required to make project documentation more complete.
Consequently, only large-scale A/R projects tend to be attractive for investors, as these are capable of creating the significant upfront finance for covering the arising costs for project certification and the subsequent MRV.
If risk is internalized publicly by discounting ex ante, which may be particularly necessary if reversals result from economic leakage off-site rather than physical losses on-site, then the regulator may apply our valuation tools to the project certification process itself.
It remains also to be seen whether the standards will be able to provide more harmonised and reconciled guidance and procedures for A/R carbon project certification, resulting in a more homogenous and complete regulation that is likely to attract new market participants.
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This leads to higher transaction costs through the duplication of work associated with preparing project documentation and certification procedures.
To them the application of two different standards requires significant additional work for project documentation and certification that increases transaction costs.
When a new company called Mindful Meats submitted a label last fall that included the Non-GMO Project's certification seal, the department rejected it.
Because the pipeline, which will carry 830,000 barrels of oil each day from Alberta, Canada to US refineries on the Gulf Coast, crosses an international border, the project requires certification from the executive branch that construction is in the "national interest".
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CEO of Professional Science Editing for Scientists @ prosciediting.com