4.1 IDENTIFICATION OF THE PROJECT PARTICIPANTS AND ESTABLISHMENT OF THE LEGAL FRAMEWORK: Identification of involved entities and their roles, their functions and rights in the project;
4.2 PREPARATION OF THE PROJECT OVERVIEW: Description of the overall project idea;
4.3 DEFINING THE PROJECT’S PURPOSE AND OBJECTIVES: Identification of the problem that the project solves, and setting objectives to be reached;
4.4 ANALYSIS OF AVAILABLE METHODOLOGIES AND REGISTRIES: Assessment and selection of suitable methodologies and registries that align with the project's specific activities and goals;
4.5 DESCRIPTION OF THE GENERAL CLIMATIC AND SOCIO-ECONOMIC SITUATION AT THE PROJECT'S LOCATION: Outlining of the general climatic and socio-economic situation, economic factors, and social context that may influence or be affected by the project.
4.6 ANALYSIS OF THE ENVIRONMENTAL STATUTORY REQUIREMENTS AT THE LOCAL LEVEL: Review of local environmental laws and regulations that the project activity might be influenced by.
4.7 IDENTIFICATION OF THE MANDATORY ENVIRONMENTAL COMPLIANCE PARAMETERS: Determination of mandatory environmental compliance parameters and compliance metrics required for the project activity.
4.8 PROJECT ELIGIBILITY DESCRIPTION: Description of how the project meets eligibility criteria for carbon credit schemes or regulatory approvals.
4.9 PROJECT BOUNDARY DETERMINATION: Establishment of the project's physical and operational boundaries for the purpose of measurement and reporting.
4.10 BASELINE SCENARIO FORMULATION: Establishment of a baseline scenario to compare against the project’s impact, reflecting the 'business as usual' outcomes without the project.
4.11 BASELINE EMISSIONS CALCULATIONS: Calculation of expected emissions without the intervention of the project to establish a baseline for assessing reductions.
4.12 CREDITING PERIOD IDENTIFICATION: Defining the time frame during which the project will generate carbon credits.
4.13 PROJECT EMISSIONS CALCULATIONS: Estimation of emissions directly associated with the implementation of the project.
4.14 EMISSION REDUCTION / REMOVAL CALCULATION: Determination of the net amount of carbon removed or avoided, accounting for project emissions and gross removals (if removal project).
4.15 MONITORING REQUIREMENTS FORMULATION: Outlining of monitoring requirements including frequency and methods.
4.16 MONITORING APPROACH DEVELOPMENT: Development of a monitoring approach to track the project’s carbon impact and operational efficacy continuously.
4.17 MONITORING PARAMETERS IDENTIFICATION: Identification of specific metrics that need to be tracked to evaluate the project's performance.
4.18 DEVELOPMENT OF A TECHNOLOGICAL SOLUTION FOR MONITORING: Innovation or adoption of technological tools for accurate monitoring for accurate monitoring and data collection.
4.19 QUALITY ASSURANCE PROCEDURES DEVELOPMENT: Establishment of quality assurance procedures to ensure data accuracy, reliability, and validity.
4.20 QUALITY CONTROL PARAMETERS FORMULATION: Formulation of quality control parameters and checkpoints to maintain the quality of project outputs and processes.
4.21 ASSESSMENT OF THE PROJECT'S INFLUENCE IN ALIGNMENT WITH THE UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS (SDGS): Evaluation of the project's influence on the SDGs.
4.22 FINANCIAL MODEL DEVELOPMENT: Development of a financial model to project costs and revenues, investment needs, and financial viability over time.
