How is double counting assessed under Riverse Standard?

Riverse’s Double Counting Policy provides full explanations and requirements regarding this eligibility criteria. Key points are summarized here:

Double use of credits within the Riverse Registry: RCCs are traced with a unique identification number from issuance to retirement (see more in Riverse Procedures Manual at Chapter 9 RCC Management). An immutable certificate is generated upon retirement.

Double issuance of credits on multiple registries: It is not allowed to simultaneously issue carbon credits for the same mitigation activity, in the same crediting period, under the Riverse Standard and a different standard.

Double issuance of credits along the value chain: Multiple actors along the supply chain are not allowed to issue multiple carbon credits for the same mitigation activity. RCCs are issued to projects that are fundamental in the value chain, and are fully allocated to the project.

Double claiming: RCCs shall not be claimed by both the entity retiring the carbon credit for the purpose of making a GHG emission offsetting claim, and

  • nationally determined contributions (NDCs),
  • national climate policies and emissions trading schemes, or
  • other GHG-related environmental credits.

For double claiming between entities retiring carbon credits, and the end-users of products that have been issued carbon credits, guidance from reporting schemes, GHG Protocol, and other accounting mechanisms shall be followed.