ICR Program
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  • Welcome to the ICR program documentation
    • About ICR
      • ICR Team
        • Gudmundur Sigbergsson
        • Olafur "Oli" Torfason
        • Bjorn H. Helgason
        • Thordur "Thor" Agustsson
        • Alondra Silva Munoz
        • Dr. Rannveig Anna Guicharnaud
        • Robert Huldarsson
        • Ria Antil
        • Alvaro Vallejo Rendón
      • ICR's Mission Statement
      • ICR's Context
      • Leadership
        • Leadership and Commitment
        • Policies
          • Quality policy
          • KYC/KYB Compliance Policy
          • Grievance policy
          • Anti-Corruption Compliance Policy
          • Impartiality policy
          • ICR Privacy and Cybersecurity Policy
          • Diversity, Equality, and Inclusion policy
        • Organizational Roles, Responsibilities, and Authorities
          • Leadership
            • Chief Executive Officer (CEO)
            • Chief Operating Officer (COO)
            • Chief Technology Officer (CTO)
            • Chief Product Officer (CPO)
            • Chief Science Officer (CSO)
            • Chief Marketing Officer (CMO)
            • ICR Board
              • Members
                • Daníel F. Jónsson
                • Kristján I. Mikaelsson
              • ICR Board Procedures v3.0
            • ICR Program Advisory Panel
              • Members
              • ICR Program Advisory Panel 3.0
          • ICR Program Advisory Panel
            • Amit Sharma
            • Geetha Gopal
            • Javier Castro
          • Forums
            • ICR Project Proponent and Developer forum
              • ICR Project Proponent and Developer Forum Terms of Reference
            • ICR Stakeholder forum
              • ICR Stakeholder Forum - Terms of Reference
            • ICR VVB forum
              • ICR VVB Forum Terms of Reference
            • ICR Forum Guidelines
            • Forum Application
          • Committees
            • Appeals Committee
              • ICR Appeals Committee Terms of Reference
      • Articles of Association for International Carbon Registry ehf.
  • Fundamentals
    • Climate change
    • Kyoto protocol
    • Paris Agreement
      • Nationally Determined Contributions
      • Carbon Markets Under the Paris Agreement
    • Voluntary Carbon Markets
    • Compensation
      • ÍST 92
      • ISO 14068-1:2023
  • ICR Program
    • Overview
    • Fundamentals
      • ISO
        • ISO 14064
          • ISO 14064-1
          • ISO 14064-2
          • ISO 14064-3
          • ISO 14068-1
      • Project Origination
      • Additionality
      • ICR Registration Process
      • Validation and verification
        • Accreditation
    • Definitions
      • ICR Definitions v3.1
        • Version history
          • ICR Definitions v3.0
          • ICR Definitions v2.0
          • ICR Definitions v1.0
    • Methodology Development
      • Criteria
        • ICR Methodology Requirements v3.0
        • Version history
          • ICR Methodology Requirements 2.0
          • ICR Methodology Requirements 1.0
      • Procedural
        • ICR Methodology Approval Process v3.0
        • Version history
          • ICR Methodology Approval Process v2.0
          • ICR Methodology Approval Process v1.0
      • ICR Methodologies
        • Under development
          • M-ICR001
          • M-ICR002
          • M-ICR003
          • M-ICR004
          • M-ICR005:
          • M-ICR006
          • M-ICR007
          • M-ICR009
          • M-ICR011
        • Approved ICR Methodologies
      • Templates
        • Concept note
          • Older versions
        • Methodology description
          • Older versions
        • Methodology summary
          • Older versions
    • Project development
      • Criteria
        • ICR Requirement Document v6.0
          • Version history
            • ICR Requirement Document v5.0
            • ICR Requirement Document v4.0
      • Procedural
        • ICR Process Requirements v6.1
          • Version history
            • ICR Process Requirements v6.0
            • ICR Process Requirements v5.0
            • ICR Process Requirements v4.0 Final
            • ICR Process Requirements v3.0
        • ICR Article 6 2 procedures v1.0
      • Templates
        • Project concept description (PCD)
          • Older versions
        • Project design description (PDD)
          • Older versions
        • Monitoring report (MR)
          • Older versions
        • Project design description and monitoring report
          • Older versions
        • Letter of attestation
        • Non-performance report
          • Older versions
        • Non-permanence event report
          • Older versions
        • Non-permanence risk assessment
        • Non-performance risk assessment
      • Tools
        • ICR Tool for Environmental and Socio-economic Safeguards and Sustainable Development
      • Approved methodologies, modules and tools
        • ICR approved methodologies, modules and tools v4.0
    • Validation and verification
      • Validation and Verification Bodies
      • Criteria
        • ICR validation and verification specifications v2.0
          • Version history
            • ICR validation and verification specifications v1.0
      • Templates
        • Methodology validation report (MValR)
          • Older versions
        • Validation report (ValR)
          • Older versions
        • Verification report (VerR)
          • Older versions
        • Validation and verification report (ValVerR)
          • Older versions
    • Terms and conditions
      • Terms and Conditions - Users
      • Terms and Conditions - Project
      • ICR Terms and Conditions Market Participants
      • Fee Schedule 2024-2025
      • 🔦ICR KYC/KYB Complience Policy
      • ICR Terms and Conditions - Organizations
        • Older versions
          • ICR Terms and Conditions - Organizations
    • Public consultation
      • Methodologies
        • 2023
          • M-ICR0001
          • M-ICR0002
          • M-ICR0003
          • M-ICR0004
          • M-ICR0005
        • 2024
          • M-ICR0006
        • 2025
          • M-ICR009
          • M-ICR007
          • M-ICR011
      • ICR Program
        • 2023
          • Specifications to guide validation and verification
          • Program revision August 2023
        • 2024
          • Program Revision - July 2024
    • Grievance
      • ICR Grievance process
        • Submit a Complaint
    • Document Library
      • Documents
  • Biodiversity Program
    • Overview
    • Fundamentals
    • Definitions
    • Requirements
      • Templates
        • Concept note
    • Public consultation
    • Document Library
    • Fee Schedule - Biodiversity Pilot Phase 2024-2025
  • Carbonregistry.com
    • Marketplaces
      • Terms and Conditions - Trading Hub
    • On Chain
      • How it works
      • Credit data
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      • Retiring Credits Onchain
    • Registry user guide
      • Introduction
      • Get started
        • Create a user account
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        • Page 1
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        • Examples
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      • Environments
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    • The Credit Bundler
      • Purchasing Credits
      • Post Purchase: Accepting Credits
  • Quality management system
    • ICR QMS
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On this page
  • Overview
  • Background
  • ICR program structure
  • Project cycle
  • Quick links

Welcome to the ICR program documentation

The ICR is an innovative GHG program and a modern registry platform addressing the key issues and barriers of project development.

NextAbout ICR

Last updated 5 months ago

Important: ICR has released an update to the program documentation, effective from 15th October 2024. Please read the press release and information about the update below.

What proponents need to consider

  1. Review the updated documentation and templates.

  2. If you have not started validation you need to update your documentation to align with the update.

  3. If you have started validation we recommend aligning with the updated documentation. If not you have until 31.12.2024 to complete the validation for alignment to version 5 of the program.

  4. If you have completed validation we recommend you update your project documentation and conduct a gap-validation for alignment to the new version during next verification.

  5. We kindly ask proponents that have already registered their project to complete the ICR Tool for Environmental and Socio-economic Safeguards and Sustainable Development and upload to the registry, irrespective if they intend to align with the new version.

If you have any questions or concerns, please get in touch, and we'll respond to your request as promptly as possible.


Overview

The ICR is a comprehensive GHG program and a climate registry solution that offers a range of tools to help to manage greenhouse gas (GHG) projects. With our platform, you gain access to a variety of standards and an advanced inventory software solution, which allows you to easily manage carbon credits from ideation to issuance and sales.

Our platform is designed to provide you with a one-stop-shop for all your GHG project needs. Whether you're looking to track your credits, validate your project, or sell your carbon credits, we've got you covered.

Our platform features a range of tools to help you manage your GHG projects. You can choose from multiple methodologies or start fresh with a new one to achieve your goals, and our inventory software solution is designed to make it easy to track your carbon credits.

Background

ICR is an initiative in Iceland to facilitate financing climate projects while safeguarding environmental integrity and contributing to a sustainable and low-carbon economy. The ICR serves as a platform for climate projects of any size where environmental integrity is promoted with credibility, consistency, and transparency of quantification, monitoring, reporting, validation, and verification. ICR recognizes the need to scale and accelerate the decarbonization of the economy, with climate financing for climate projects avoiding or reducing GHG emissions and sequestering or removing GHG from the atmosphere. ICR also recognizes the need to bring prominent technologies and nature-based solutions to light that have yet to establish a methodology according to the CDM or other GHG Programs but need the financial support of the emerging carbon markets to be viable. Therefore, the ICR is based on ISO standards, resulting in a more flexible, effective and efficient adoption of innovative climate solutions.

ICR's mission is to build confidence in the carbon market for investors, project developers, corporations, the environmental community, authorities, and the public based on the application of ISO standards. The goal is to facilitate the necessary scaling of the voluntary carbon markets and the underlying climate solutions and utilize the market mechanism for real climate impacts. By that, financing climate projects viable for a fast transition to a low-carbon economy can be accelerated.

ICR program structure

Project cycle


Quick links

ICR documentation is updated periodically. Please check this page regularly to ensure you are using the latest version.

Everything you need to know about the ICR program, governance, principles a climate project must conform to, required documentation, validation and verification, and the process of registering with the International Carbon Registry (ICR) is available on this site, in addition to pdf and docx files.

downloadable
info@carbonregistry.com
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ICR program update summary october 2024.pdf
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ICR Program Update October 2024.pdf
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Simplified summary of project lifecycle
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Project development

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Methodology development

Requirements for developing a new methodology must conform to

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Validation and verification

Validation and verification provide an independent and transparent process for ensuring the integrity and credibility of greenhouse gas emission reductions and removals.

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Registry user guide

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Terms and conditions

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Document library

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About ICR

Read about the background of the ICR program, its governance and procedures.

Requirements are the criteria all projects must conform to in order to be validated and are set out under the section.

To get you familiarized with the platform and registration please read our .

Using the registry and the ICR program is subject to terms and conditions. Here you can find our .

All current and previous versions of documentation of the ICR program can be downloaded from the .

Criteria
user guide
Terms and Conditions
Document Library