VM0038 Methodology for Electric Vehicle Charging Systems
VM0038 is a transportation methodology used by 34 projects on Verra. Registry records show 379,157 tonnes issued and 7.2% of them retired.
Key figures
Projects
34
Countries
19
Credits issued
379,157 t
Credits retired
27,261 t
Retired share of issued
7.2%
Projects yet to issue
73.5%
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
Where it is used
- United States 5 projects
- South Korea 4 projects
- India 4 projects
- Brazil 3 projects
- Mexico 2 projects
- Vietnam 2 projects
- Australia 1 project
- Iceland 1 project
- Hong Kong 1 project
- Chile 1 project
Source: Registry records · Data as of 1 June 2026
Issuance by vintage
| Vintage | Issued (tCO₂e) |
|---|---|
| 2024 | 19,592 |
| 2023 | 100,069 |
| 2022 | 188,264 |
| 2021 | 63,413 |
| 2020 | 5,606 |
| 2019 | 1,829 |
| 2018 | 251 |
| 2017 | 115 |
| 2016 | 18 |
Source: Berkeley Voluntary Registry Offsets Database · Data as of June 2026
Projects using VM0038
34 project pages in the CRBN.credit database, largest issuance first.
HIVE EV Charging project
Verra · South Korea · Fuel Switching
Not yet issued
Marmota EV Charging Carbon Offset Program (MEVCCOP)
Verra · Canada · Fuel Switching
No issuance recorded
Rivian EV Charging Network Project
Verra · United States · Fuel Switching
Not yet issued
SK Electlink EV Charging Carbon Offset Project
Verra · South Korea · Fuel Switching
Not yet issued
Saxon EVolve Program - EV Charging System Grouped Project
Verra · Malaysia · Fuel Switching
Not yet issued
South African Electrification Programme
Verra · South Africa · Fuel Switching
Not yet issued
Taiwan Electric Vehicle Charging Systems (TEVCS)
Verra · Taiwan · Fuel Switching
Not yet issued
The Smart Aircraft Charging Network (United Kingdom)
Verra · United Kingdom · Fuel Switching
Not yet issued
VIETNAM ELECTRIC VEHICLE CHARGING SYSTEM(VEVCS)
Verra · Vietnam · Fuel Switching
Not yet issued
Questions about VM0038
How many projects use VM0038?
34 projects, in 19 countries, as of June 2026.
Is VM0038 approved by the ICVCM?
No ICVCM decision on this methodology yet.
How much of the credits issued under VM0038 have been retired?
7.2%, or 27,261 of 379,157 tonnes.