Guidance on functionality to support attribution and management of VERs authorised for use under article 6 of the Paris Agreement
From October 2022, new functionality has been introduced to the Gold Standard Impact Registry to enable the labelling and management of Gold Standard Verified Emission Reductions (VERs) that are authorised for use under Article 6 of the Paris Agreement. This document provides guidance on this Article 6 functionality for account holders and viewers of the Gold Standard Impact Registry.
Host countries have the ability, when authorising VERs for use under Article 6, to specify that VERs can only be used for certain use-purposes, such as use towards another country’s Nationally Determined Contribution (NDC). This means that the relevant VERs cannot not be used towards purposes not authorised by the host country.
For this reason, the Gold Standard Impact Registry attaches different attributes to VERs to reflect the extent of the authorisation provided by the host country.
