Tag: ICVCM

Integrity Council approves Biochar & Improved Forest Management methodologies

Stuart Mitchell

The Integrity Council for the Voluntary Carbon Market has announced that it has approved three biochar and two Improved Forest Management (IFM) methodologies to use its high-integrity CCP label. One further IFM methodology is approved subject to changes being made by the program. Approved biochar methodologies CAR – U.S. and Canada Biochar (Version 1.0) Isometric Biochar Production and Storage (Version 1.0) Verra VM0044 Methodology for Biochar Utilization in Soil and Non-Soil Applications (Version 1.2) Biochar is a carbon-rich material produced by heating biomass (like agricultural residues or wood) in a…

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Carbon credits from current renewable energy methodologies will not receive high-integrity CCP® label

Stuart Mitchell

Integrity Council calls on carbon-crediting programs to raise the bar and develop improved methodologies for renewable energy projects. The Integrity Council for the Voluntary Carbon Market announced recently that carbon credits issued under existing renewable energy methodologies, which account for nearly a third of the voluntary carbon market, will not be able to use its high-integrity CCP® (Core Carbon Principles) label. The Governing Board decided that eight methodologies used to design and implement renewable energy projects fail to meet the CCP Assessment Framework requirements on additionality because they are insufficiently…

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New Forum will give Indigenous Peoples and local communities a strong voice in shaping high-integrity voluntary carbon market

Stuart Mitchell

The Integrity Council for the Voluntary Carbon Market has recently named the members of a Forum that will give Indigenous Peoples and local communities a strong voice in shaping a high-integrity voluntary carbon market (VCM) that protects and promotes their rights and interests. Eight representatives from Africa, Asia, Latin America, Oceania and the Northern Region will make up the Indigenous Peoples’ and Local Communities’ Voluntary Carbon Market Engagement Forum. While the Forum will be hosted by the Integrity Council it will be independent and self-governing. Onel Masardule, Interim co-Chair, said:…

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ICVCM and VCMI join forces to operationalize a high-integrity market to accelerate global climate action

Stuart Mitchell

Integrity Council for the Voluntary Carbon Market (ICVCM) and the Voluntary Carbon Markets Integrity Initiative (VCMI), representing key stakeholders in the voluntary carbon market (VCM), have announced their joint commitment to ensuring investors in the voluntary carbon market can invest confidently in high-integrity credits as part of comprehensive end-to-end climate strategies. With plans underway for coordinated launches of new standards throughout 2023, the shared aim of the organizations is to operationalize a high-integrity voluntary carbon market that the private sector can invest in as a critical complement to corporate efforts…

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