Do rice paddy water-management credits get the ICVCM CCP label?
Some do. ICVCM lists two rice water-management methodologies as CCP-Approved: Gold Standard's adjusted water management method v1.0 and Verra's VM0051 v1.1. On Verra, VM0051 v1.1 projects must also use a five-year crediting period renewable twice, and any VT0008 benchmark analysis must show credit revenue decisively changes the economics.
Status by methodology
- Gold Standard, methane emission reduction by adjusted water management in rice cultivation, v1.0: CCP-Approved.
- Verra VM0051, improved management in rice production systems, v1.1: CCP-Approved.
- Verra VM0051 v1.0: withdrawn from assessment, so ICVCM takes no decision on it.
- Global Carbon Council, adjusted water management in rice cultivation, v1.0: no decision shown.
- Isometric, rice methane reduction, v1.0: no decision shown.
Verra's two extra conditions for VM0051 v1.1
- A crediting period of five years, renewable twice: 15 years at most.
- If a benchmark analysis with tool VT0008 v1.0 is used, it must show carbon revenue increases the project's economic performance decisively and lifts the financial indicator to or above the benchmark.
- Because conditions apply, the verification report needs the completed CCP Label Eligibility Verification Report Checklist attached.
Methane is why the tonnes add up
Verra converts methane at a 100-year GWP of 28 (IPCC AR5) for reductions from 2021 on, so each tonne of methane avoided is 28 t CO2e. Small changes in flooding across many farms add up quickly, which is also why verifiers look hard at how each field was managed.
Example: a 15-year cap on a VM0051 v1.1 project
- Methane avoided across member farms: 200 t CH4 a year
- In CO2e: 200 x 28 = 5,600 t a year
- Over three five-year periods: 5,600 x 15 = 84,000 t, before deductions
Tonnes are an example. Actual reductions come from VM0051's equations and the project's monitoring.
What Senseible does here
Senseible gives carbon credit eligibility signals from your records and, for carbon removal projects, prepares a verifier evidence pack for the accredited verifier. Verra applies any CCP label at issuance.
Sources: ICVCM, Assessment Status: program and category assessments (category table updated 3 November 2026), Verra, Verified Carbon Units Labels: CCP, Article 6 and other labels, Verra, VCS Standard v5.0 (16 December 2025): Table 9, GWP values
Last reviewed 2026-11-03. ICVCM updates its assessment status table as decisions are made; check the methodology and version on the date you sign or buy.