Can I convert ex-ante or ex-post PVCs into fPVCs/rPVCs/vPVCs? Expand Unfortunately, it is not possible to convert certificate types from the V4 standard (ex-ante and ex-post) to certificate types from the V5 standard (fPVCs, rPVCs, vPVCs). The V5 Standard encompasses many processes (monitoring, conversion, vintages, non-achievement reserve, risk buffer contribution) that differ from the V4 Standardand. Therefore, ex-ante and ex-post certificates do not align with the processes under the V5 Standard. In addition to this, projects migrate at verifications and verifications serve to verify that the "old" certificates, i.e. those generated prior to the verification event, are compliant with the V4 the PDD and annual reports being applied and submitted during that time period. Only after the verification and migration will the project generate certificates that are aligned with the V5 standard.
When must my project migrate to V5? Expand For projects that are currently certified against the V4 standard, they must migrate to the V5 standard at their next verification. This is termed a miration verification and involves the: Submission of an updated PDD that aligns with the V5 standard prior to the verification site visit. We reccomend that a project starts updating their PDD 12 months before their planned site visit and submits this to Plan Vivo 2 months prior to the site visit if undertaking the macroscale migration verification process, or 4 months prior to the site visit if undertaking a microscale migration verification process. Review of the PDD against the V5 standard. Verification of the past verification period against the V4 annual reports from that period. Assessment of whether the project area aligns with the PDD and V5 standard during the site visit. For more information please see the procedures manual.