PCS VV 003 Emission Reduction Verification Report_v1.0

Document Control

• Document code: PCS-VV-003

• Title: Emission Reduction Verification Report (VR)

• Scope: Template used by accredited VVBs to verify reported emission reductions for a monitoring period under PCS, including verification approach, findings, CAR/CL/FAR tracking, and verified ER totals.

• Outcome: Standardizes verification conclusions and verified quantities to support PCS issuance decisions.

Version history and change log

Table DC-1. Revision history

Version	Date	Status	Summary of changes	Prepared by	Approved by
v1.0	TBD	Draft	Release for public consultation	PCS	TBD

Superseded versions

No superseded versions for v1.0.

Governance note on versioning and archiving

Only the latest approved version of this template shall be used. Superseded versions shall be archived and retained for traceability and audit purposes. Printed or downloaded copies are uncontrolled; the PCS published version is the authoritative current version.

Purpose

This Verification Report shall be used by accredited Validation and Verification Bodies (VVBs) for confirming greenhouse gas emission reductions achieved during a monitoring period under the Planetary Carbon Standard (PCS). It is aligned with PCS Framework v2.0 and digital registry protocols.

Section A – Project Identification and Verification Details

PCS Project ID
Project Title
Project Category / Track	☑ Regular (Type A/B) ☐ NBS (Type C) ☐ Other: ___________
Host Country
Sectoral Scope(s)
Monitoring Period Start – End (DD/MM/YYYY)
VVB Organization
VVB Accreditation Track	☑ UNFCCC / ISO ☐ MOU Track

Section B – Scope and Objectives of Verification

Provide a concise overview of the verification objectives, boundaries, and applicable criteria. State whether the verification covered the entire monitoring period or a partial scope.

Scope of Verification
Verification Objectives
Verification Criteria / Standards Applied

Section C – Verification Approach and Methodology

Describe the verification methodology used, including data sampling, site visits, interviews, and analytical techniques. Specify level of assurance and verification type.

Verification Level	☑ Reasonable ☐ Limited
Verification Type	☑ Full Monitoring Period ☐ Sampling-Based ☐ Desk Review Only
Evidence Reviewed
Verification Team / Roles
Dates of Verification Activities

Section D – Verification Findings

Summarize findings and conclusions regarding data accuracy, consistency with the methodology, and compliance with PCS requirements.

Finding / Parameter	Evidence / Observation	Conformance (C/NC/Obs)

Section E – Corrective Actions and Clarifications

List any Corrective Action Requests (CARs), Clarifications (CLs), or Forward Action Requests (FARs) raised during verification. Indicate resolution status and supporting evidence.

Reference ID	Type (CAR/CL/FAR)	Description	Action Taken	Status (Open/Closed)

Section F – Verified Emission Reductions

Provide verified GHG emission reduction quantities for the monitoring period. Ensure data aligns with the PCS Project Monitoring Report (PMR).

Component	Quantity (tCO₂e)	Remarks
Baseline Emissions
Project Emissions
Leakage
Net Emission Reductions
Uncertainty (%)
Monitoring Period Covered

Section G – Verification Conclusion and Opinion

Summarize the VVB’s overall conclusion and verification opinion, confirming whether the emission reductions are credible and meet PCS criteria.

Verification Opinion	☑ Verified as Accurate ☐ Verified with Reservations ☐ Not Verified
Summary of Verification Conclusion
Impact on Crediting / Project Eligibility

Section H – Signatures and Blockchain Verification

This report must be signed by the authorized VVB representative and submitted to the PCS Registry for blockchain timestamping and verification.

Authorized VVB Representative (Name)
Organization / Entity
Digital Signature / Authorization Token
PCS Blockchain Verification Hash