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Pricing - Plan Vivo
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Process
Involves
Costs*
Project Idea Note (PIN) review
Desk review by the Plan Vivo Foundation
$1,000 (for all projects)
Project Design Document review (including one Technical Specification)
Desk review by the Plan Vivo Foundation; peer review by Technical Review Panel
$1,500 (for macroscale projects)
$3,000 (for microscale projects)
Additional Tech Spec Review
Desk Review by the Plan Vivo Foundation; peer review by Technical Review Panel
$500 (for macroscale projects)
$500 (for microscale projects)
PDD / Tech Spec Updates
Desk review by the Plan Vivo Foundation
Variable based on the scope of PDD update
Validation and Verification Coordination
Desk review and finalisation of project registration by Plan Vivo Foundation
Macroscale validation and verification: $1,000
Microscale validation and verification: $2,000
Late Annual Report Fee
Late fee for annual reports that are more than 12 months overdue
$100
Issuance Fees
Issuing Plan Vivo Certificates, per issuance volume band
≤50,000 PVC p.a. = $0.40/PVC
>50,000 PVC p.a. = $0.35/PVC
Conversion fees
Converting PVCs between unit types
Free
Methodology Concept Note Review
Review of methodology concept notes
$350
Methodology Assessment
Review of Methodologies (not including VVB assessment)
Variable
Auditors
Review and registration of VVBs and IEs
Registration fee (once off) for VVBs: $500
Registration fee (once off) for Independent Experts: $100
Resellers
Costs associated with setting up and ongoing access to an account on the registry
Registration fee (one off): $800
Annual fee: $800
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*All costs are subject to VAT. UK based organisations will be charged VAT at 20%. Organisations and individuals based in the rest of the world are not subject to VAT.
NON-ISSUING PV CLIMATE PROJECTS
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PIN
$1,500
PDD
$6,000
PDD Update
Variable
Validation and Verification
$2,000
Annual Certification Fee
$0.10 per carbon benefit reported
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DEVELOPMENT COSTS
Project development costs can vary considerably depending on the size, location and complexity of the project. It also depends on the technical capacity of the project coordinator, as a technical expert will be required for the creation of the technical specifications (see for more information about project documentation types), and so one may need to be hired if the project coordinator does not hold this capacity internally.
To fund these initial development costs, a project coordinator may want to seek start-up funding (see below).
AUDIT COSTS
To ensure that projects meet the PV Climate Standard - and continue to do so in their lifetime - projects must undergo periodic 3rd-party audits. This consists of a validation prior to project registration, then verifications every 5 years thereafter. The cost of these events is highly situational-dependent, varying on project size, remoteness and intervention types.
For more information, please see the or contact the Plan Vivo projects team:
OPERATIONAL COSTS
The size of project operational costs depend on the scale and nature of the project. To access example information on other projects’ running costs, project developers can read existing Plan Vivo project Annual Reports (found on the individual project pages), which include information on running costs and distribution of benefits within the project. Comparison against their situation may better help you understand what your project's costs may be.
PROJECT START-UP FUNDING
The Plan Vivo Foundation does not provide start-up funding to PV Climate projects. Information on funding can be found at the following websites:
Provides information on international fund initiatives, including lists of previously funded projects.
develops and manages information about grants for agriculture, energy, environment, and natural resources in developing countries.
Current PV Climate projects have sourced start-up funding (for initial project development costs) from sources including DFID, USAID, the EU, the Waterloo Foundation, Darwin Initiative, and from up-front payments or investment by purchasers.
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