Puro.earth is the eighth program to be approved as CCP-Eligible, the Integrity Council for the Voluntary Carbon Market (ICVCM) announced today. The approval applies to the most recent version of the Puro.earth standard (version 4.2).
CCP-Eligible status means that programs have demonstrated that they meet the rigorous criteria of the Core Carbon Principles (CCPs) Assessment Framework for effective governance, transparency, tracking and robust independent third-party validation and verification. They have also met the CCPs’ program-related rules on robust quantification of emission reductions and removals, no double counting and sustainable development benefits and safeguards.
Headquartered in Finland, Puro.earth focuses solely on carbon removal and uses methodologies not yet assessed by the ICVCM, for biochar, carbonated materials, and geologically stored carbon.
Now that Puro.earth is CCP-Eligible, its methodologies can be assessed. In line with the ICVCM’s two-tick assessment process only credits issued using CCP-Approved methodologies and version 4.2 of Puro’s Standard and later will be able to receive the CCP-label.
Jan-Willem Bode, President of Puro.earth, said: “We welcome the Integrity Council’s approval of Puro.earth Standard 4.2 as a CCP-Eligible Program. This recognition validates the foundation we’ve built: a standard grounded in science and transparency, and infrastructure designed for scale. ICVCM’s approval reinforces the rigorous governance, transparency and independent verification that have gui ded our approach from the start.”
Annette Nazareth, Chair of the Integrity Council for the Voluntary Carbon Market, said: “Puro.earth joins the growing list of carbon crediting programs that have embraced the Core Carbon Principles as the global reference point for quality by strengthening their governance and program standards to meet the CCP threshold. We applaud their commitment and warmly welcome them as a CCP-Eligible program.”
Puro.earth applied to CORSIA in March 2024 using an earlier version of their Puro Standard General Rules (version 4.0) and were considered partially consistent by CORSIA at that time and invited to reapply. Puro.earth (version 4.2) was therefore assessed on ICVCM’s non-CORSIA pathway, which requires programs to submit all relevant information so that ICVCM ensures the requirements of the CORSIA rules as well as ICVCM’s Assessment Framework are met.
ICVCM’s approval applies only to the most recent version (4.2) of the Puro General Rules. This version incorporates strengthened provisions and was introduced in order to meet the CCP requirements. For example:
- Improvements were made to Stakeholder engagement processes, project documentation and registry operations
- Clarifications and significant enhancements were made to Safeguards and Sustainable Development Benefits (including mandatory auditing of the Environmental and Social Safeguards Questionnaire and expanding provisions including labour rights, gender equality, biodiversity, and the rights of Indigenous Peoples and Local Communities)