Digital Measurement, Reporting and Verification Framework

IWA Digital Measurement, Reporting and Verification Framework

Provides the high-level, implementation neutral specifications for creating a solution that issues standardized claims into an open ecosystem for validation, verification, and crediting.

Digitizing the Measurement, Reporting and Verification (MRV) Process

Download the Framework White Paper

To scale environmental markets we need to digitize the origination, or manufacturing, process and products. This new digital approach will enable the creation of standardized, comparable, and differentiated products from a wide variety of sources and lower their creation costs to make them more accessible and trustworthy.

The Digital MRV Framework defines the terminology, roles, process workflows, generic evidence packaging, and attestations that digital MRV solutions should follow to originate these next generation digital assets. The framework defines a generic roles-based process along with an extensible data model to facilitate a consistent taxonomy across infrastructure and asset classes and allow for customization of the diverse array of activities that can produce these new assets.

The framework can better enable investments in, and generation of, high-quality, well-documented ecological assets at scale. This framework defines the variables that enable the application of a wide variety of standards, protocols, and technologies that can be used in combination to create high-quality projects and claims, ready for validation and verification.

A harmonized, standardized framework agreed upon by market participants will enable investors, buyers, and other participants in global environmental markets to ensure the credibility and integrity of outcomes while maintaining the rigor and the requisite documented evidence to indisputably track impacts. Additionally, the MRV framework, when implemented, can ensure that double-counting and double-crediting do not occur – safeguarding market integrity. Tokenization alone will not and does not prevent double-counting, only tokens with corresponding, cryptographically-linked MRV audit trails have the opportunity to prove, on a public ledger, a lack of double-counting.

The IWA is pleased to deliver the dMRV Framework as an open-access resource as we seek to collectively further development and standardization in support of reaching net zero carbon emissions by 2050.