PCS VVR NBS Validation & Verification Report_v1.0

Document Control

Document identification

• Document code: PCS-VVR-NBS

• Title: Validation & Verification Report (VVR) for Nature-Based Solutions (NBS) Track

• Scope: Template for VVBs to document validation/verification scope, documents reviewed, findings (CAR/FAR/OBS), and verified GHG results for NBS projects, with digital signature/hash fields for integrity.

• Outcome: Standardizes assurance reporting and supports PCS decisions on registration and issuance.

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Superseded versions

No superseded versions for v1.0.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 Superseded versions shall be archived and retained for traceability and audit purposes.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 Validation & Verification Report (VR) template is to be used by accredited Validation and Verification Bodies (VVBs) conducting independent validation and/or verification of Nature-Based Solutions (NBS) projects under the Planetary Carbon Standard (PCS). It is a streamlined and digitally compatible form consistent with PCS Framework v2.0 and ISO 14064-3 requirements.

Section A – Project and Report Information

PCS Project ID
Project Title
Project Category	☑ Nature-Based Solutions (NBS) – Project Type C
Validation / Verification Type	☐ Validation ☐ Verification
Monitoring Period Covered (if Verification)
VVB Organization Name
Lead Auditor / Team Members
Date of Report Submission

Section B – Scope and Objectives of Assessment

Specify the purpose of this assessment and its scope. Identify whether it concerns validation (project design and baseline) or verification (monitoring results and emission reductions/removals). Confirm compliance with the applicable PCS standards, methodologies, and verification requirements (aligned with ISO 14064-3).

Assessment Objective
Applicable Standards / Methodologies	PCS Framework v2.0; PCS Methodology Reference(s); ISO 14064-3
Scope of Work

Section C – Documents Reviewed and Methodology Applied

List all documents and data reviewed during the validation/verification process, including PCS Project Design Document (PDD), Monitoring Report (MR), applied methodologies, and supporting datasets. Summarize key analytical tools and sampling approaches used.

Documents Reviewed:

• PCS Project Design Document (PDD)

• PCS Monitoring Report (if applicable)

• Applied PCS Methodology(ies)

• Supporting datasets, maps, or satellite imagery

• Correspondence and clarifications (if any)

Section D – Validation / Verification Findings

Provide detailed findings and conclusions for each major assessment area. Indicate conformity (C), non-conformity (NC), observation (OBS), or not applicable (N/A).

Assessment Area	Finding	Comments / Evidence
Project Eligibility and Scope
Baseline and Additionality
Emission Reduction / Removal Calculations
Monitoring System and Data Quality
Environmental & Social Safeguards
Stakeholder Consultation and Transparency

Section E – GHG Emission Reductions / Removals Verified

Summarize the GHG emission reductions or removals verified for the monitoring period. Values must correspond with validated or verified calculations from the PCS-approved methodology.

Year	Baseline Emissions (tCO2e)	Project Emissions (tCO2e)	Net Reductions / Removals (tCO2e)

Section F – Corrective and Forward Action Requests

List any Corrective Action Requests (CARs), Forward Action Requests (FARs), or Observations (OBS) raised during the assessment. Each item should include a reference number, issue description, status, and resolution summary.

ID	Type (CAR/FAR/OBS)	Description / Finding	Status / Resolution

Section G – Conclusions and Recommendations

Provide the final independent opinion of the Validation and Verification Body (VVB) regarding the project’s conformity with PCS rules and requirements. Confirm that the project meets the relevant eligibility and performance criteria and that the reported emission reductions/removals are free from material misstatement.

Final Conclusion:

• ☐ Project is VALIDATED / VERIFIED as conforming to PCS requirements.

• ☐ Project requires corrective actions prior to approval.

• ☐ Project not validated/verified due to material non-conformities.

Section H – Digital Signature and Blockchain Verification

This report is digitally signed and timestamped through the PCS Blockchain Registry. The timestamp and verification hash ensure document integrity and authenticity.

Lead Auditor (Name)
Validation & Verification Body (VVB) Name
Digital Signature / Blockchain Verification Hash