Global Carbon Council

GCC Fees

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GCC Fee Schedule

(USD, Exclusive of VAT)

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TYPE OF FEE AMOUNT STAGE OF PAYMENT
GCC Registry Account Opening Fee (one time), USD 1000 Payable after registration of project by GCC Program.
Project Registration Fee (one time, per project), USD 1000 Payable at the time of submission of project to GCC Program
Annual Registry Account Maintenance Fee
(per year, per project)
1000 Every year before first issuance.
Issuance Fees (USD / ACR)
A1 type Projects (future project) 0.13 Payable before issuance of ACRs.
Although as per paragraph 72(d) of Program Process document ( GCC Program Processes V3) the issuance and label fees is payable at the time of submission of request for issuance, in view of COVID19 Pandemic GCC Program relaxes the requirement for all the projects that submit requests for registration before 4 July 2022. The issuance fees and label fees for such projects are payable immediately upon communication of Steering Committee’s decision to Project Owners approving issuance of ACRs and SDG+, and/or E+ and/or S+ labels for the respective monitoring period. The GCC Program and its Carbon Registry Operator IHS Markit will issue the ACRs and labels only upon receiving evidence of the transfer of Fees to GCC account.
A2 type Projects (retroactive registration) 0.2
B1 type Projects (CDM Registered, with labels) 0.2
B2 Type Projects (CDM registered, w/o labels) 0.2
Transfer Fees (USD / ACR)
A1 type Projects (future project) 0.04 Payable before transfer of ACRs.
A2 type Projects (retroactive registration) 0.04
B1 type Projects (CDM Registered, with labels) 0.04
B2 Type Projects (CDM registered, w/o labels) 0.04
Retirement Fees (USD / ACR)
A1 type Projects (future project) 0.04 Payable before retirement of ACRs.
A2 type Projects (retroactive registration) 0.04
B1 type Projects (CDM Registered, with labels) 0.04
B2 Type Projects (CDM registered, w/o labels) 0.04
Label Fees (USD/ACR)
Social Safeguard, S+ 0.02 Payable before issuance.
Although as per paragraph 72(d) of Program Process document ( GCC Program Processes V3) the issuance and label fees is payable at the time of submission of request for issuance, in view of COVID19 Pandemic GCC Program relaxes the requirement for all the projects that submit requests for registration before 4 July 2022. The issuance fees and label fees for such projects are payable immediately upon communication of Steering Committee’s decision to Project Owners approving issuance of ACRs and SDG+, and/or E+ and/or S+ labels for the respective monitoring period. The GCC Program and its Carbon Registry Operator IHS Markit will issue the ACRs and labels only upon receiving evidence of the transfer of Fees to GCC account.
Environment, E+ 0.02
Sustainable Development Goals SDG+ 0.02
Annual GCC Verifier Registration fee (USD/Verifier/Annum)
Organizational verifier fee 1000 Payable before approval and re-approval.
Individual verifier fees 500

Note:

A1 type projects: The start date of the operations for such GCC projects shall be on or after the date of approval of "Project Standard (version 3)" by GCC Steering Committee and after the date of submission of a 'complete' request of registration to GCC Program. The start date of the Crediting Period of such GCC Project Activity shall be after the date of approval of "Project Standard (version 3)" but not more than one year after the start date of the operations of the GCC Project Activity.

A2 type projects: These types of projects are prompt-start and have already started their operations as on the date of approval of "Project Standard (version 3)" by GCC Steering Committee and their start date of operations shall be after 1 January 2016 but before two years after the date of approval of "Project Standard (version 3)" by GCC Steering Committee. These types of projects shall submit complete request for registration to GCC Program not later than 2 years after the date of approval of "Project Standard (version 3)". The start date of the Crediting Period of such GCC Project Activity shall be on or after 1 Jan 2016 but not more than one year after the start date of the operations of the GCC Project Activity.

B1 type projects: These types of projects include all de-registered CDM projects whose Project Owners (or Project Participants as per CDM Glossary of Terms) wish to register them with GCC, but also wish to claim additional GCC labels of E+, S+ and SDG+. The start date of the Crediting Period of such GCC projects shall be after 1 Jan 2016 and same as that stipulated in CDM Project Design Document (as uploaded on UNFCCC website).

B2 type projects: These types of projects include all de-registered CDM projects whose Project Owners (or Project Participants as per CDM Glossary of Terms) wish to register them with GCC, but do not wish to claim additional GCC labels. The start date of the Crediting Period of such GCC projects shall be after 1 Jan 2016 and same as that stipulated in CDM Project Design Document (as uploaded on UNFCCC website).