Tero Carbon, a Brazilian environmental asset certification body, invites project developers, methodologists, and participants in the voluntary carbon market to contribute to the Public Consultation for Version 2.0 of its Programs, available until April 30, 2025. This update reflects our commitment to continuous improvement, transparency, and the inclusion of small-scale projects in the global market, aligned with our mission to promote locally developed methodologies with integrity and quality.
What’s New in Version 2.0?
The evolution of the programs incorporates technical advancements and industry feedback, strengthening the robustness and applicability of Tero Carbon standards. Now, the Programs have been split into Auxiliary Documents that work synergistically across Programs. Here are the highlights
1. Certification Program (2.0)
Updated Technical Documents:
- Definitions (2.0): Standardization of critical terms such as additionality, non-permanence risk, and leakage.
- Criteria Analysis Tool for Project Validation (2.0) and Project Verification (2.0): Checklists to assist developers in submitting their projects and avoiding rework.
- Project Additionality Demonstration Tool (2.0): Flexible methods to prove additional impacts in NBS and TBS.
- Project Scale Analysis Tool (2.0): Differentiated criteria for small- and large-scale projects, ensuring fairness.
- DCP Structuring Tool (2.0): Optimized model for preparing Project Design Documents.
- VVB Selection Criteria (2.0): Strengthened guidelines for selecting independent audits.
- Methodological Basis for Carbon Stock Estimation in AFOLU (1.0): Allows for the submission of quantification software for NBS project validation.
- Various Declarations: Helps developers collect declarations from NBS and TBS project proponents.
2. Methodologies Program (2.0)
- Criteria Analysis Tool for Methodology Acceptance (2.0): Rigorous validation of new methods.
- Methodology Structuring Tool (2.0): Standardization for creating Tero methodologies.
- Response to Public Consultation Comments (2.0): Enhances transparency in incorporating technical contributions.
3. Assets Program (2.0)
- Tokenization Process (2.0): Document for auditing Tero Carbon’s Smart Contracts.
- Asset Integrity Policy (1.0): Ensures traceability and prevents double counting.
Technical Enhancements in Version 2.0
Key technical improvements in Version 2.0 include:
- Risk Management: Introduction of dynamic approaches for buffer reserves and tonne-per-year, adaptable to different methodologies.
- Socio-environmental Safeguards: Now applied to both small- and large-scale projects.
- Risk Mitigation Flexibility: Developers can propose their own models for calculating non-permanence risk, subject to Tero’s validation.
- Software Approval: Structured process for approving carbon stock quantification tools in forest and agricultural areas, prioritizing accuracy and transparency.
Join the Collective Construction
Your expertise is essential in refining our processes and tools to expand the access of Brazilian small- and large-scale projects to the global market.
Click the button below to access the documents, submit suggestions, and participate in the Public Consultation.
About Tero Carbon
Tero Carbon is the only Brazilian certification body included in the international mapping of Standards and listed as a registry provider in CAD Trust. It stands out for its flexible and adaptive approach to certifying environmental assets. The focus is on promoting sustainability and including projects of various scales in the global carbon market. Its technical team has over 15 years of experience in forest carbon projects in the Amazon. This expertise combines deep knowledge of regional logistics and socio-environmental aspects of traditional communities with Blockchain technology, ensuring security, reliability, and traceability in its records.
Additionally, the company is supported by renowned institutions such as the National Institute for Amazonian Research (INPA) and its business incubator (IE-INPA), linked to the Ministry of Science, Technology, and Innovation, the National Federation of Industries of the State of Amazonas (FIEAM), the Amazonas Commercial Association (ACA), and the venture builder VB92 Launch Hub. With this foundation, Tero Carbon is prepared to lead the certification of Brazilian environmental assets for the global carbon market.