Validation & Verification Body's (VVB) process

Validation and Verification Body (VVB) Accreditation

VVBs must be accredited by Riverse in order to validate DPDs for Riverse-issued credits. To be accredited, VVBs must:

  • Have the ISO 14065 accreditation or equivalent (i.e. COFRAC ISO:17029 - CSR)
  • Have more than 5 years of auditing experience, including at least 2 years in environmental auditing
  • Sign Riverse’s Conflicts of Interest Policy

New VVB Application Process

Upon receipt of the VVB application form, Riverse reviews the information provided and responds once the review is complete. Riverse rejects applications where it determines that the applicant does not possess the required competencies.

Upon application approval, Riverse asks the VVB to submit a signed copy of the Riverse Conflict of Interest Policy, to ensure all parties respect Riverse’s independence criteria.

Once the Riverse VVB Agreement is drawn up and signed, the VVB can begin conducting audits under Riverse programs. The VVB organization is added as an approved VVB on Riverse’s website.

Projects eventually choose their own validators and verifiers and pay them directly. Riverse Standard remains independent from this process.

VVB accreditation is valid for a duration of 3 years.

Current list of Riverse-accredited VVB

Verifavia

KPMG

Finexfi

Collectif Transition

Only for projects below 1,000 carbon credits