The Premium Emissions Reduction (PER) Standard

The Premium Emissions Reduction (PER) Standard is a global standard for carbon emission reduction or removal projects. It is committed to building a future-proof international voluntary emission reduction standard for users to ensure additionality, transparency, reliability, and simplified operation, thereby enhancing trust in the integrity of the carbon offset market. The PER Standard tries to accelerate the voluntary carbon market to align with the Paris Agreement and Sustainable Development Goals, promoting the use of the ITMO mechanism and the transfer from CDM to the proposed SDM, through the robust framework of standards and principles.

The PER Standard offers a set of global criteria for common use. It provides the rules and requirements for developing or rating carbon emission reduction or removal projects to show PER compliance, as well as the requirements for validation, monitoring and verification of projects. Its core requirements are set out in ISO 14064-2:2006, ISO 14064-3:2006 and ISO 14065:2020.

An analogue of the PER Standard is also promoted in China, known as the CCER+ (Chinese Certified Emission Reduction Plus) Standard. CCER+ Standard maintains the same standard principles and framework as PER standard but is geographically limited to China.