Who can register a VCS project and initiate VCU issuance?
The only entities who can apply to have a VCS project registered and VCUs issued are the project owner or an entity to which the project owner has assigned sole right to the GHG emission reductions or removals for the entire project crediting period, or the Authorized Representative of either of these two entities. The only exception to this is as specified under the grandparenting process described in the guidance document VCS Project Registration and VCU Issuance Process (this document also gives details on Authorized Representatives). The project owner is defined as the Project Proponent stated in the Project Description and validated by the validator as having ownership of the project and original right to the project’s GHG emission reductions or removals.
