The Ministry of Power (MoP) on July 22, 2024, issued the Accreditation Procedure and Eligibility Criteria for Accredited Carbon Verification Agency.
The objectives of this document are:
• Provide minimum eligibility requirements that any agency shall fulfil to get accreditation to perform activities as an ACV agency.
• Provide a clear and transparent procedure for accreditation of any eligible agency as an ACV agency to undertake validation and/or verification activity under ICM as specified by the Bureau from time to time.
The following are the scope of accreditation:
• An ACV agency shall at minimum meet the requirements of this procedure and any additional requirements as required by ‘ISO 14065:2020: General principles and requirements for bodies validating and verifying environmental information’.
• An ACV agency must also comply with additional requirements outlined in this procedure and shall also obtain necessary accreditation under the CCTS.
• An agency can apply for accreditation for the Compliance mechanism or Offset mechanism or for both mechanisms under the CCTS scheme.
• To conduct the validation and/or verification activity under any of the mechanisms, an ACV agency shall be accredited for the sector scope (s) within those mechanisms.
