Focus on Verra
Verra was founded in 2007 by environmental and business leaders who saw the need for greater quality assurance in voluntary carbon markets. Verra manages the world’s leading voluntary carbon markets program, the Verified Carbon Standard (VCS) Program, as well as a suite of other programs, incubates new ideas to generate meaningful environmental and social value at scale, and advances the use of these programs worldwide.
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...
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.
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...
Controversial Cambodia carbon credit project reinstated
Forestry scheme Southern Cardamom now certified by Verra following damning Human Rights Watch report in February.
Verra Reinstates Southern Cardamom REDD+ Project
Standards setter requires actions to protect human rights 10 Sept 2024 WASHINGTON — Verra, the nonprofit that serves as the leading standards setter for...
Carbon registry Verra rejects China rice projects
Integrity of rice irrigation schemes under scrutiny after carbon market monitor rejects 37 Chinese projects.
Verra Rejects China Rice Cultivation Projects, Sanctions Auditing Firms and Project Proponents
Unprecedented actions, including requiring project proponents to compensate for overissued VCUs, another step in Verra’s effort to bring greater transparency and integrity to...
Around a third of carbon credits fail new benchmark test
Carbon credit standards not met by a third of existing schemes, says independent integrity council, as demand for offsets falls due to doubts.
Verra Launches ABACUS Label for Ecosystem Restoration and Reforestation Credits
New Market Label Developed with Input from Consensus-Based Expert Working Group, Supported by VCM Stakeholders 29 July 2024 WASHINGTON — Verra, the nonprofit...
