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- Green finance: Practices aligned with climate change mitigation and co-benefits (e.g. water and biodiversity conservation), where the certainty of directional change is likely, but the impact level is not measured. For example, companies or loans using "green lists" of eligible practices; "good enough" methods (lowest requirements)
- Results-based payments: Bilateral paymentspayments based on defined climate result, supported by a MRV that fosters confidence in results delivered, but uncertainties may apply (intermediary requirements)
- Carbon-credit markets: use of Verra and other standards quantification of climate results following rules and procedures determined by protocols and standards (e.g. CDM, Verra and Gold Standard standards), which processes is third-party verified (highest requirements)
B. MRV design considerations:
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