Saturday, 18 January 2025

Focus on ICVCM

The Integrity Council for the Voluntary Carbon Market (ICVCM) is a non-profit, independent governance body that aims to set and maintain a global standard for high integrity in the voluntary carbon market, unlocking private climate and carbon finance that would not otherwise be deployed. It was set up in 2021 in response to the final recommendations of the Taskforce on Scaling the Voluntary Carbon Markets (TSVCM), an initiative backed by more than 250 organisations.

FILE PHOTO: Indigenous people from the Mura tribe shows a deforested area in unmarked indigenous lands inside the Amazon rainforest near Humaita, Amazonas State, Brazil August 20, 2019. Picture taken August 20, 2019. REUTERS/Ueslei Marcelino/File Photo
BusinessClimate FinanceEmissions MarketsNewsVoluntary Carbon Markets (VCMs)

Global carbon offset standard setter okays three deforestation project types

Preserving forests is crucial to meeting international goals to limit global temperature increases.

News ReleaseClimate FinanceEmissions MarketsVoluntary Carbon Markets (VCMs)

Verra’s REDD Methodology and Jurisdictional and Nested REDD+ Framework Secure ICVCM Approval

Approvals set a new benchmark for integrity in forest conservation, enabling the integration of project- and jurisdictional-level efforts, and empowering buyers to invest...

News ReleaseCoalEmissions Markets

Second Consultation: Methodology for Early Retirement of Coal-Fired Power Plants 

17 October 2024 Verra is opening a second public consultation on the draft Methodology for Accelerated Retirement of Coal-Fired Power Plants Using a Just...

News ReleaseCarbon ManagementEmissions MarketsVoluntary Carbon Markets (VCMs)

Verra Releases Methodology Change and Requantification Procedure

16 October 2024 Verra has launched the Methodology Change and Requantification Procedure (PDF). This new procedure enables projects registered in the Verified Carbon Standard (VCS)...

News ReleaseCarbon ManagementEmissions MarketsVoluntary Carbon Markets (VCMs)

Verra Releases New VCS Additionality Tools

14 October 2024 Verra has released two new tools in the Verified Carbon Standard (VCS) Program to assess the additionality of project activities: VCS...

A Manila coal plant could be a model for how developing countries can quit polluting fossil fuel (AFP)
AnalysisBusinessClimateCoalEmissionsEmissions MarketsEnvironmentIndigenousLegislationRegulations

Can carbon credits help close coal plants?

A Philippine coal plant could close early by converting to renewables, funded through carbon credits to cut emissions.

News Release

Statement – C-Quest Capital

3 Oct 2024 ICVCM has seen the announcements of the CFTC, US Attorney and the SEC in relation to C-Quest Capital companies and former C-Quest Capital employees, following...

News ReleaseCarbon ManagementEmissions MarketsVoluntary Carbon Markets (VCMs)

Verra Inactivates UNFCCC CDM Sulfur Hexafluoride Replacement Methodology

17 Sept 2024 Verra has permanently inactivated the use of UNFCCC CDM methodology AM0065: Replacement of SF6 with alternate cover gas in the magnesium...

FILE PHOTO: A view of a plant grown in the non-profit group Rioterra's nursery is about to be planted on a piece of deforested land, in Porto Velho, Rondonia state, Brazil February 19, 2020. REUTERS/Alexandre Meneghini/File Photo
AnalysisBusinessClimateEmissionsIn-Depth

Analysis: Carbon offset setback risks corporate backtrack on climate goals

Stalled efforts to expand companies' use of carbon credits are raising the prospect that some will backtrack or abandon their targets.

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