Market
MRV
Also known as: Measurement Reporting and Verification, Monitoring Reporting Verification
TL;DR
Measurement, Reporting and Verification — the discipline of quantifying, documenting, and independently checking emissions reductions or removals claimed by a carbon project.
Full explainer
MRV — Measurement, Reporting and Verification — is the foundational discipline that makes carbon credits a tradeable commodity rather than an assertion. Measurement covers the in-field and remote-sensing techniques used to estimate emissions reductions or removals; reporting is the structured documentation submitted to a registry; verification is the independent third-party audit (a VVB — Validation and Verification Body) that confirms the report.
For forestry projects, MRV typically combines plot-level biomass measurements with satellite imagery (RADD alerts, GLAD, Sentinel) to monitor forest cover, plus modelled baseline projections. Modern Indonesian-relevant methodologies (VM0048, VM0033, VM0047) prescribe specific MRV protocols. ICVCM's Core Carbon Principles set 'robust quantification' criteria that effectively raise the MRV bar for methodologies seeking CCP-eligible status.
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