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Version history

Description of the change
Justification
Date
Version changed

Short term removal credits (50-100 years) no longer an option

Short term removals have limited value in offsetting GHG emissions

23/10/2023

V1.0 to V1.1

Added equations for calculation GHG reductions

Increased transparency

29/01/2024

V1.1 to V2.0

Specified that building developers are eligible for carbon credits based on their use of biobased materials in their constructions

Expanding the scope to include other types of actors that are decisive in the sector

29/01/2024

V1.1 to V2.0

Aligned terminology with ISO 14064-2:2019

Improved consistency with the voluntary carbon market

29/01/2024

V1.1 to V2.0

Added risk assessment template for permanence and environmental and social do no harm

Provide more detailed and prescriptive assessment framework, clearer instructions for project developers

29/01/2024

V1.1 to V2.0

Removed text for sections that are the same for all methodologies:

  • Measurability

  • Real

  • Additionality

  • Technology readiness level

  • Minimum impact

  • Independently verified

Repeated text from the Standard Rules

29/01/2024

V1.1 to V2.0

Distinction between reference service lifetime (RSL) and carbon storage duration (CSD)

Two lifetimes must be differentiated for two purposes: CSD for permanence criteria, and RSL for GHG reduction calculations/substitution criteria

29/01/2024

V1.1 to V2.0

Added Monitoring Plan section

Alignment with Rainbow Standard Rules V6

13/03/2024

V2.0 (PC) to V2.0

Remove mentions of Rebound Effect and Independently Validated criteria

Alignment with Rainbow Standard Rules V6

13/03/2024

V2.0 (PC) to V2.0

Added uncertainty section

Alignment with Rainbow Standard Rules V6

13/03/2024

V2.0 (PC) to V2.0

Modifications in calculation approach:

  • No longer subtract biogenic carbon from Module A for avoidance calculations

  • Removals now have emissions from Modules A1-A3 subtracted from removals

More clearly and accurately represent avoided vs removed GHG emissions.

13/03/2024

V2.0 (PC) to V2.0

Renamed provision pool to buffer pool, and uncertainty buffer to discount factor.

Alignment with Rainbow Standard Rules V6 post public consultation.

17/5/2024

V2.0 to V2.1

Recommended discount factor changed from 10% to 6%.

Alignment with Rainbow Standard Rules V6 post public consultation.

17/5/2024

V2.0 to V2.1

Clarify that ancillary material emissions/removals are not considered in project removals, and distinguish between project biobased material and project scenario.

Clarification of the previous text’s intent.

August 2024

V2.1 to V2.2

Expanded description of guidelines for selecting baseline scenario plus examples

Transparency and documentation of our current practice

October 2024

V2.2 to V2.3

Added Project Scenario section

Consistent structure with other methodologies, exhaustive

October 2024

V2.2 to V2.3

Create project scope requirements

Specify that operations in different countries must be registered as separate projects

October 2024

V2.2 to V2.3

Add minimum list of ESDNH risks

Align with Standard Rules V6.2

October 2024

V2.2 to V2.3

Specify minimum frequency of updating baseline scenario

Clarity and transparency

October 2024

V2.2 to V2.3

Change scope of buildings using biobased materials to include multiple buildings

Facilitate certification for building developers

October 2025

V2.3 to V2.4

New rules for French building-scale projects to exceed building energy efficiency targets

To comply with FR L229-55/R229-101,

October 2025

V2.3 to V2.4

Add Auditing requirements table

Transparency, sharing resources that are already used in practice

October 2025

V2.3 to V2.4

Restructure sections: added Baseline Scope, renamed Eligible technologies to Eligibility and scope, renamed Eligibility criteria to Principles & requirements, moved Monitoring Plan to Principles & requirements

Align with Standard Rules V7 requirements

July 6th 2026

V2.4. to V3.0 PC

Move Substitution criteria requirements to Baseline Scope section

Align with Standard Rules V7 requirements

July 6th 2026

V2.4. to V3.0 PC

New Certification Scope section with requirements for crediting and monitoring period, project updates with methodology revisions, and site audits.

Align with Standard Rules V7 requirements

July 6th 2026

V2.4. to V3.0 PC

Add monitoring of co-benefits to monitoring plan

Align with Standard Rules V7 requirements

July 6th 2026

V2.4. to V3.0 PC

Delete Targets Alignment

Align with Standard Rules V7 requirements

July 6th 2026

V2.4. to V3.0 PC

Require risk mitigation plan for each reversal risk with a high or very high score

Align with Standard Rules V7 requirements

July 6th 2026

V2.4. to V3.0 PC

Add default contribution of verified RCCs to the buffer pool, depending on project type

Align with Standard Rules V7 requirements

July 6th 2026

V2.4. to V3.0 PC

Update risk assessment template

Align with Standard Rules V7 requirements

July 6th 2026

V2.4. to V3.0 PC

Remove avoidance credits option

Changing methodology scope

July 6th 2026

V2.4. to V3.0 PC

Modify equations: project induced emissions from GWP fossil only

No longer need to adjust, remove biogenic carbon uptake from GWP biogenic

July 6th 2026

V2.4. to V3.0 PC

Modify equations: removals calculation simplified with no results change

Simplified calculation

July 6th 2026

V2.4. to V3.0 PC

Rename permanence to durability, reduce the minimum carbon removal duration from 100 to 35 years, flexible durability labels, and create post-crediting reversal monitoring requirements

Align with Standard Rules V7 requirements, change methodology scope to allow for temporary removals

July 6th 2026

V2.4. to V3.0 PC

Biobased manufacturing projects credits issued upon delivery, not sale

Strengthen no double counting requirements.

July 6th 2026

V2.4. to V3.0 PC

Require biomass from forests to hold a recognized forestry sustainability certificate (FSC, PEFC, RSB, SFI, or SBP)

Formalize the interpretation of ESDNH requirements that was already applied

July 6th 2026

V2.4. to V3.0 PC

Revise no-double-counting proof: replace signed buyer/supplier agreements with mandatory disclosure (packaging, EPDs, invoices, or contracts) for manufacturers and cross-checking against a new Rainbow-managed tracking database for building projects

Strengthen no double counting requirements

July 6th 2026

V2.4. to V3.0 PC

Revise post-crediting reversal monitoring requirements to extend to the entire duration of the durability threshold

Ensure durability claims remain verifiable over long post-crediting periods

August 17th 2026

V3.0 PC to V3.0

Replace the flat reversal-risk buffer contribution with a quantitative table of buffer pool percentages by risk type and likelihood, and make buildings with any high/very-high individual risk ineligible

Improve rigor and consistency of reversal risk pricing; align with Standard Rules V7 requirements

August 17th 2026

V3.0 PC to V3.0

Require standardized measurement of biogenic carbon content for biobased products with variable biomass composition

Improve accuracy of carbon accounting for variable-composition materials

August 17th 2026

V3.0 PC to V3.0

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