PV Nature - Costs & fees There are certain core costs and fees involved in registering a PV Nature project with the Plan Vivo Foundation. The Plan Vivo Foundation is a registered charity and fees are designed to cover costs only. Please note that the table below shows the indicative costs and fees (in £ Stirling) for PV Nature based on best knowledge at the time of launch (December 2023). These fees will be reviewed and updated on an annual basis. The costs & fees associated with PV Nature certification include: Plan Vivo staff costs The costs of using external, independent technical reviewers (Technical Review Panel - TRP) The costs of using external, independent third-party organisation to analyse the project data annually to measure the change in biodiversity, used to calculate the Plan Vivo Biodiversity Certificates (PVBCs). It does not include: The costs of using a Validation & Verification Body (VVB) and/or an Independent Expert (IE) for validation or verification. Process Involves Costs* Eligibility checks Desk review £250 Project Idea Note (PIN) review Desk review by Plan Vivo Foundation £1,500 Project Design Document review (including one Technical Specification) Desk review by Plan Vivo Foundation £8,000 Technical Specification Peer review Peer review by Technical Review Panel (TRP) £500 (per review) PDD / Tech Spec updates Desk review by Plan Vivo Foundation Variable based on the scope of update Validation (at the start of the project) Support for the validation from Plan Vivo Foundation Option 1: VVB = £500 Option 2: IE = £1,250 Note: this does not include the costs of the VVB or IE, as they are to be contracted directly by the project. Annual Reporting Desk review by Plan Vivo Foundation £2,000 Analysis (annual) Cost of analysis of project by an independent third-party organisation £5,000 flat fee per project plus charge per hectare (this is variable by project size, see table 1 below) Verification (at least every 5 years) Support for the verification from Plan Vivo Foundation Option 1: VVB = £500 Option 2: IE = £1,250 Note: this does not include the costs of the VVB or IE, as they are to be contracted directly by the project. Late Annual Report fee (The late fee applies for annual reports that are more than 12 months overdue) £100 Issuance fees Cost associated with issuing Plan Vivo Biodiversity Certificates (PVBCs) including registry <50,000 PVBC p.a = £0.30/ PVBC >50,000 PVBC p.a = £0.25/PVBC *All costs are subject to VAT. UK based organisations will be charged VAT at 20%. Organisations and individuals based in the rest of the world are not subject to VAT. Table 1: Example project costs Site size (hectares) Fee per hectare per year (£ GBP) 500 14.00 1000 10.00 2000 7.00 5000 4.50 10,000 3.00 30,000 2.50 Table 1 shows some examples of pricing per hectare for six sites at contiguous sizes ranging between 500 hectares and 30,000 hectares. For sites of contiguous sizes between 500ha and 30,000ha, fees will be between £14.00 and £2.50 per hectare, as per Table 1. For sites <500ha or <30,000ha, fees will be discussed and agreed in advance with the project. For the avoidance of doubt, all of the above excludes the collection of data, which is the responsibility of projects. It also excludes the processing of eDNA samples, and costs incurred in the acquisition of satellite data. Audit costs To ensure that projects meet the PV Nature Standard - and continue to do so in their lifetime - projects must undergo periodic 3rd party audits. This consists of a validation prior to project registration, then verifications every 5 years thereafter. For more information, please see the Validation & Verification page. Any questions? Please contact [email protected] About PV Nature PV Nature FAQs Manage Cookie Preferences