World’s largest carbon-crediting program makes significant changes to comply with rigorous Core Carbon Principles criteria Verified Carbon Standard (VCS, operated by Verra) the world’s largest carbon-crediting program, has met the high-integrity Core Carbon Principles (CCPs) after making significant changes to its procedures, the Integrity Council for the Voluntary Carbon Market announced as it published the second in an ongoing series of assessment decisions. The Integrity Council Governing Board has also approved the Architecture for REDD+ Transactions (ART, operated by Winrock International) program, which operates globally (through the TREES methodology that…
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Integrity Council reveals first carbon-crediting programs
The Integrity Council for the Voluntary Carbon Market has launched a new chapter for the voluntary carbon market, naming the first carbon-crediting programs assessed as meeting the high-integrity criteria set out in its Core Carbon Principles (CCPs). ACR, Climate Action Reserve (CAR) and Gold Standard have been approved as CCP-Eligible programs by the Integrity Council’s Governing Board. To achieve eligibility means the programs meet the CCP criteria for effective governance, transparency, tracking and robust independent third-party validation and verification. They have also met the program-related rules for the CCPs on…
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