VM0023 Reduction of GHG Emissions in Propylene Oxide Production
VM0023 is a chemical processes methodology used by 1 project on Verra. Registry records show 629,969 tonnes issued and 79.4% of them retired.
Key figures
Projects
1
Countries
1
Credits issued
629,969 t
Credits retired
500,000 t
Retired share of issued
79.4%
Projects yet to issue
0%
Source: Berkeley Voluntary Registry Offsets Database, as used by the Methodology Lab · Data as of June 2026
ICVCM status
No ICVCM decision on this methodology yet.
The CCP label is applied to credits by the registry, issuance by issuance. An approved methodology means credits from projects using it can be eligible; it does not mean every credit carries the label.
CORSIA programme relevance
Whether the programmes this methodology is used on are approved by ICAO. Programme level only; unit eligibility depends on dates, authorisation and each programme's exclusions.
- Verra 2024 to 2026: approved · 2027 to 2029: approved
Issuance by vintage
| Vintage | Issued (tCO₂e) |
|---|---|
| 2015 | 211,930 |
| 2014 | 134,901 |
| 2013 | 153,033 |
| 2012 | 123,641 |
| 2011 | 6,464 |
Source: Berkeley Voluntary Registry Offsets Database · Data as of June 2026
Projects using VM0023
1 project page in the CRBN.credit database, largest issuance first.
Related methodologies
Same scope, with a more favourable ICVCM decision.
- ARB Compliance Offset Protocol: Destruction of U.S. Ozone Depleting Substances Banks 107 projects · CCP-Approved
- ACR Destruction of Ozone Depleting Substances and High-GWP Foam 11 projects · CCP-Approved
- ACR Certified Reclaimed HFC Refrigerants, Propellants, and Fire Suppressants 32 projects · Under assessment, no decision published
- ACR Transition to Advanced Formulation Blowing Agents in Foam Manufacturing and Use 5 projects · Under assessment, no decision published
- CAR U.S. Nitric Acid Production Protocol 11 projects · Withdrawn from assessment
- AM0034 Catalytic reduction of N2O inside the ammonia burner of nitric acid plants 4 projects · Very unlikely to meet the Core Carbon Principles
Questions about VM0023
How many projects use VM0023?
1 project, in 1 country, as of June 2026.
Is VM0023 approved by the ICVCM?
No ICVCM decision on this methodology yet.
How much of the credits issued under VM0023 have been retired?
79.4%, or 500,000 of 629,969 tonnes.