Program

Program Manual

The Climate Forward Program Manual summarizes the overarching principles, general project accounting guidelines, and rules and procedures for approving methodologies, registering projects, and creating FMUs.  

  • Climate Forward Program Manual

 

Confirmation Manual

The Climate Forward Confirmation Manual details the requirements of its confirmation program and provides approved confirmation bodies with a standardized approach to the independent and rigorous confirmation of project implementation and estimates of GHG emissions reductions and removals. Confirmation refers to an independent third party (“Confirmation Body”) conducting a site visit and desk audit to confirm the mitigation project has been implemented in accordance with the requirements in the relevant approved forecast methodology and the Climate Forward Program Manual. 

  • Climate Forward Confirmation Manual

 

Climate Forward Program Fee Schedule

The Reserve imposes required fees that are charged to account holders during the project submittal and registration process. A summary of those fees is below:

Account and Credit Issuance Fees
Account Setup Fee

Fee charged upon application for an account

$500
Project Submittal Fee (per project)

Fee charged upon submission of a project under a Reserve-approved forecast methodology

$500
Issuance Fee (per credit)

Fee charged per credit issued after a project has received final approval from the Reserve

$0.25
Transfer Fee (per credit, paid by transferor)

Fee charged for the transfer of credits between account holders

$0.05
Retirement (per credit retired)

Fee charged to move credits to a locked retirement account and issue retirement certificate

No charge

 

Methodology Approval Fees
Screening fee for new methodologies and modifications to Reserve-approved forecast methodologies[1] $7,500
Peer review fee for new methodologies and methodology revisions[2] Variable

 

[1] The methodology screening fee includes two rounds of internal review by the Reserve. The methodology screening fee may be increased for additional reviews, if necessary.

[2] The cost for peer review is based on the cost of external third-party experts to participate in the evaluation of the methodology. These costs will be based on the complexity of the methodology and resulting time and expertise required for peer review.