Verra updates fee schedules to ensure it can continue to deliver high-integrity climate action and sustainable development crediting programs to meet demands of rapidly growing markets

Sample article from our Sustainability & Social Responsibility

WASHINGTON , March 30, 2023 (press release) –

Verra, the world’s leading standard setter for climate action and sustainable development, has published updated fee schedules for its Verified Carbon Standard (VCS) Program, Climate, Community & Biodiversity Standards (CCBS) Program, Sustainable Development Verified Impact Standard (SD VISta) Program, and Plastic Program.

The revised fee schedules will ensure that Verra can continue to deliver high-integrity greenhouse gas and sustainable development crediting programs that meet the demands of rapidly growing markets, while addressing the operational and financial needs of the organization.

These fee changes will be implemented in two stages. Changes to fees not related to unit issuances or labeling (e.g., account maintenance fees, VCS pipeline listing request fees, and VCS project registration request review fees) will take effect 1 May 2023. Changes related to unit issuances or labeling (e.g., flat fees for VCU issuance levies, CCBS labels, and SD VISta labels ) will take effect 1 July 2023.

Verra is a 501(c)(3) nonprofit organization. The fees listed in the VCS Program Fee Schedule, v4.3 (PDF); CCB Program Fee Schedule, v3.5 (PDF); SD VISta Program Fee Schedule, v1.2 (PDF); and Plastic Program Fee Schedule, v1.2 (PDF) cover the costs associated with administering, maintaining, and developing Verra programs. The new fee schedules cover revisions to existing fees and include new fees for services that Verra provides but that were not covered in the previous versions. The new fee schedules also include simplified issuance and label fee structures, making it significantly easier for project proponents to estimate the costs of operating their projects.

“Verra continues to adapt to meet the demands of rapidly expanding environmental and social markets. The fee changes will ensure we can continue to grow our team, streamline and accelerate our processes, enhance oversight, and introduce new technologies,”

David Antonioli, CEO of Verra

This is the first significant change to the VCS Program Fee Schedule since 2015 and to the CCB Program Fee Schedule since 2020, and the first change to the SD VISta and Plastic Program Fee Schedules since their launches in 2019 and 2021, respectively.

The new fee schedules include the following changes:

  • The VCS Program Fee Schedule, v4.3 (PDF) replaces the previously tiered issuance schedule with a consistent issuance fee of $0.20 per Verified Carbon Unit (VCU) to better capture Verra’s costs of reviewing verification and issuance requests. In line with this change, the CCBS and SD VISta Programs also replace their tiered labeling fee schedules with flat rates of $0.07 per label (CCBS) and $0.05 per label (SD VISta).
  • The VCS Program Fee Schedule, v4.3 (PDF) streamlines some of the invoicing processes by replacing the Project Registration fee with a Project Registration Review fee of $2,500, due before registration review begins and intended to cover the cost of review.
  • All revised fee schedules are designed to cover key parts of the process, such as pipeline listing and account maintenance. For projects undergoing verification with multiple Verra programs, Verra has eliminated any retroactive labeling fees that posed an administrative burden to these projects.
  • For validation/verification body (VVB) fees, the new fee schedules will include a tiered system of annual fees based on the number of Verra programs the VVBs are approved for. The purpose of these fees is to more adequately cover Verra’s costs of VVB training and oversight. The new fee schedules also list an additional fee of $10,000 for the process of ascertaining whether a suspended VVB is fit to be reinstated.

Verra has also published Errata and Clarification to the VCS Program Rules and Requirements (PDF) that reflects changes to the VCS Registration and Issuance Process, v4.3 that are related to this fee schedule update.


* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo
Chelsey Quick
Chelsey Quick
- VP Client Success -

We offer built-to-order sustainability & social responsibility coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.