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Verified Carbon Unit (VCU)
Definition:
Verified Carbon Units (VCUs) are carbon emission reduction units issued by the VCS. These offsets must be real, the abatement must have occurred previous to issuance, they must be additional by going beyond business-as-usual activities, be measurable, permanent, not temporarily displace emissions, and the findings need to be independently verified and unique so they cannot be used more than once to offset emissions.
Source:
Verified Carbon Standard
Category:
Valuation Vocabulary
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Carbon Finance Lexicon
The text is derived from the Finance and Carbon Markets Lexicon prepared by the Forest Carbon, Markets and Communities (FCMC) Program and Tetra Tech ARD and reviewed by the United States Agency for International Development (USAID).
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CARBON FINANCE LEXICON
Afforestation, Reforestation and Revegetation Methodology Vocabulary
Agriculture Land Management Methodology Vocabulary
Avoided Conversion of Grasslands and Shrublands Methodology Vocabulary
Carbon Pools Vocabulary
General Carbon Accounting Methodology Vocabulary
Improved Forest Management Methodology Vocabulary
Peat Rewetting and Conservation Methodology Vocabulary
Performance Vocabulary
Reducing Emissions from Deforestation and Degradation Methodology Vocabulary
Regulatory and Accounting Vocabulary
Risk Management Vocabulary
Valuation Vocabulary
Acronyms and Abbreviations
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