At its meeting on September 1, 2009 the Climate Action Reserve’s Board of Directors instructed Reserve staff to consider and propose a revised “start date” policy for offset projects that are implemented prior to registering with the Reserve. The Reserve’s current policy states that after a new protocol is adopted, projects with start dates as early as January 1, 2001 are eligible to register for a period of 12 months. The revised policy would address concerns that an eligibility window for projects going back to 2001 no longer provides a strong enough assurance of additionality (even where projects otherwise meet all of a protocol’s additionality and eligibility criteria). The Reserve staff have drafted a revised policy intended to better balance recognition for early actors with the need to ensure rigorous standards for additionality. This revised policy will be considered by the Board at its October 7, 2009 meeting.