All Pathways
Project Calendar
Key milestones for Theaus Carbon projects, covering company-level disclosures and project-specific verification events. All dates are presented as target windows to account for normal operational variability.
Reference
Key Terms
Crediting Period
A 5-year timeframe during which a project can generate carbon credits. At the end of each crediting period, projects undergo a renewal process to demonstrate continued eligibility for the next period. This project has three consecutive crediting periods spanning 2022-2037.
Validation
An independent assessment by a Validation and Verification Body (VVB) confirming that the project design, baseline, and methodology conform to the applicable standard (ISO 14064-2 / ICR / TGSM) before a crediting period begins.
Verification
An independent assessment by a VVB after project activities have occurred, auditing monitoring data and confirming that quantified emission reductions meet the requirements of the applicable standard. Successful verification results in the issuance of Verified (Ex-Post) carbon credits.
Monitoring Period
A specified timeframe during which the project proponent collects and documents data on project activities and emission reductions. The monitoring report produced at the end of this period is submitted for verification.
Transition Finance Statement
An annual public disclosure of how carbon asset sale proceeds are allocated, first released by May 31, 2027 and published annually by May 31 thereafter. Published even in years with no sales.
Reading This Calendar
Date Display: Standalone dates indicate Theaus Carbon submissions that do not require third-party consultation. Events requiring third-party consultation show a Start date and Target Completion date.
Target Dates:
- Transition Finance Statement: First release by May 31, 2027; subsequent releases published annually by May 31.
- Monitoring Reports: Yearly activity concluding December 31, with reports targeting March 31 (~90 days after period end).
- Validation: Occurs at crediting period renewal; target June 30 (~90 days after April 1 submission window opens).
- Verification: Target ~90 days following the verification cut-off date. Annual verification intended, unless it is a renewal year.
Overview
Milestones & Upcoming Events
Recent Milestones
Upcoming Events
2026
Crediting Period 1
2027
Crediting Period 1 to 2 Transition
- Crediting Period 1 ends March 31, 2027; Crediting Period 2 begins April 1, 2027.
- Monitoring Report (MR-2026): Annual monitoring data covering January 1 - December 31, 2026. Target March 31, 2027.
- Monitoring Report (MR-2027-Q1): End-of-period stub covering January 1 - March 31, 2027 (final 3 months of Crediting Period 1). Submitted as part of the renewal package.
- Renewal and Validation: Crediting Period 2 validation submission, VVB review, and crediting period renewal.
- Verification of Ex-Ante Credits: Verification of validated ex-ante credits (CRBNX) from Crediting Period 1, converting remaining ~1.88M credits to verified ex-post (CRBNC).
2028
Crediting Period 2
Long-term
Extended Calendar: 2029-2037
Each year includes a Transition Finance Statement and Monitoring Report. Crediting Period 3 renewal occurs at the 2032 transition. Crediting periods end March 31, 2037. Extended calendars will be published following successful renewals.
Ongoing
Recurring Disclosures
| Disclosure | Frequency | Description |
|---|---|---|
| Transition Finance Statement | Annual | An annual public disclosure of how carbon asset sale proceeds are allocated, first released by May 31, 2027 and published annually by May 31 thereafter. Published even in years with no sales. |
| Stewardship Framework | Annual | Published only if amendments are made following annual Board review. |
| Project Verification | At crediting period transitions/renewals | Independent third-party verification of emission reductions by an ISO 14065:2020 accredited verification body. |
Governance
Stewardship Framework
The Theaus Global Stewardship Framework governs how carbon asset proceeds are allocated, how Indigenous participation is structured, and how long-term obligations are maintained across the platform.
View Stewardship Framework (PDF)