GCC Rules definition

GCC Rules refer to GCC Program Framework; "GCC Verifier (GV) or Verification Body (VB)" means an individual or an organization approved by the GCC Program to act as a GCC Verifier in respect of providing services in accordance with the GCC rules. A GCC Verifier can either be a GCC Project Verifier or GCC Emission Reduction Verifier and the personnel working in the verification team are called as GCC Project Auditor or GCC Emission Reduction Auditor. As per ‘GCC Program Manual’ (paragraph 72 (b)), GCC-approved project verifiers and emission reduction verifiers are also required to transparently assess the conflict of interest in the projects they evaluate. A Project Verifier cannot act as Emission Reduction Verifier of the same project activity and therefore a GCC verifier shall either conduct Project Verification or Emission Reduction Verification for the same project activity. In case of any conflict of interest the organization or person cannot be deployed to perform the verification;
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GCC Rules means the rules and requirements set out by the GCC Program related to GHG emission reductions and their certification, based on the GCC Program documents including ISO 14064-2,ISO 14064-3, the GCC Program Framework, the GCC Program Manual, the GCC Project Standard, applicable methodologies and tools, and the other documents mentioned in the GCC Documentation Framework as indicated in the GCC Program Framework available to the public on the GCC website.
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GCC Rules means the rules and requirements set out by the GCC Program related to GHG emission reductions, SDG contributions, Do-no-net-harm on Environment and Society requirements, and certification based on GCC Program documents including ISO 14064-2, ISO 14064-3, the GCC Program Framework, the GCC Program Manual, applicable methodologies and Tools, and the other documents mentioned in GCC Program Framework and available on the GCC public website https://www.globalcarboncouncil.com/gcc-framework.html .
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Examples of GCC Rules in a sentence

  • General technical knowledge collectively required by the verification team of the GCC Verifier The requirements provided in Appendix 3 of ‘CDM Accreditation Standard’ (version 07.0) are adopted by GCC Program and shall considered as requirements that are applicable under GCC Rules.

  • GHG Sector specific technical knowledge collectively required by the verification team of the GCC Verifier The requirements provided in Appendix 2 of ‘CDM Accreditation Standard’ (version 07.0) are adopted by GCC Program and shall considered as requirements that are applicable under GCC Rules.

  • Verification team, whether composed of one or more persons, shall collectively have competence (all knowledge and skills) required as per GCC Rules, and the ability to apply such knowledge and skills to conduct a verification/certification.

  • This procedure has been developed following the GCC Rules and the definitions provided below and therefore the requirements stipulated therein shall also be applicable when using or applying this procedure.

  • The technical review team (or individual technical reviewer) shall collectively have competence (necessary knowledge and skills) required as per ISO 14064-2, ISO 14064-3 and GCC Rules, and the ability to apply such knowledge and skills to conduct a verification/certification, including the Technical Review.

  • For ensuring that the Verification output is of a high quality, a pool of competent, skilful and experienced Verifiers is required to be set up, including their selection and approval criteria and process, to ensure that the GCC verification is conducted appropriately, as per the ISO 14064-2, ISO 14064-3 and GCC Rules, including Verification Standard, by competent GCC verifiers in an independent and impartial manner.

  • The verification team shall collectively have competence (all knowledge and skills) required as per ISO 14064-2, ISO 14064-3 and GCC Rules, and the ability to apply such knowledge and skills to conduct a verification/certification.

  • GCC Methodology mapping with Sectoral scopes The requirements provided in ‘Standard: Applicability of sectoral scopes’ (version 01.0/ EB88, Annex 4) of CDM are adopted by GCC Program and shall be considered as requirements that are applicable under GCC Rules.

  • In case the GCC Verifier is an individual, the role of a verification team (verifier, team leader, technical expert) can be performed by the same individual, who shall collectively have competence (all knowledge and skills) required as per GCC Rules, and the ability to apply such knowledge and skills to conduct a verification/certification.

  • The verification report prepared by the verification team (both applicable to organisational and individual track) shall undergo a Technical review conducted independently of the audit/verification team as per ISO 14064-2, ISO 14064-3 and GCC Rules.


More Definitions of GCC Rules

GCC Rules means the body of rules and requirements set out by the GCC Program. GCC Rules form a regulatory framework for achieving GHG emission reductions and their certification under the GCC Program. GCC Rules include the ISO 14064-2 standard, ISO 14064-3 standard, the GCC Program Framework, the GCC Program Manual, the GCC Project Standard, approved methodologies and tools, and the other documents referred to in the GCC Documentation Framework (see section 14). The GCC Rules are available on the GCC public website.2 These rules may be updated from time to time.
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GCC Rules means the rules and requirements set out by the GCC Program and available on the GCC public website http://www.globalcarboncouncil.com/resource-centre/ .
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Related to GCC Rules

  • M&A Rules means the Provisions on Merging and Acquiring Domestic Enterprises by Foreign Investors, which was promulgated by six Governmental Agencies, namely, the Ministry of Commerce, the State-owned Assets Supervision and Administration Commission, the State Administration for Taxation, the State Administration for Industry and Commerce, the China Securities Regulatory Commission (the “CSRC”), and the State Administration of Foreign Exchange, on August 8, 2006 and became effective on September 8, 2006, as amended by the Ministry of Commerce on June 22, 2009.

  • CySEC Rules means the Rules, Directives, Regulations, Guidance notes, opinions or recommendations of CySEC.

  • HIPAA Rules means the Privacy, Security, Breach Notification, and Enforcement Rules at 45 CFR Part 160 and Part 164.

  • UNCITRAL Arbitration Rules means the arbitration rules of the United Nations Commission on International Trade Law.

  • CCASS Rules means the General Rules of CCASS and the CCASS Operational Procedures in effect from time to time;

  • Arbitration Rules means the AAA’s Commercial Arbitration Rules and Mediation Procedures.