Tag: Integrity Council for the Voluntary Carbon Market

Integrity Council announces CCP-Eligible program decisions for BioCarbon Standard, Cercarbono and Plan Vivo (PV Climate)

Stuart Mitchell

With the approval of BioCarbon Standard, Cercarbono and Plan Vivo (PV Climate), CCP-Eligible programs are now estimated to account for more than 95% of cumulative voluntary carbon market issuances. The approval of BioCarbon Standard and Cercarbono highlights the growing contribution of Global South-led initiatives to the evolution of high-integrity voluntary carbon markets. Annette Nazareth, Chair of the Integrity Council for the Voluntary Carbon Market, said: “We welcome the significant work undertaken by programs and methodology developers to strengthen their standards and requirements through the assessment process. The approval of BioCarbon…

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New report explores integrity requirements for transition credits

Stuart Mitchell

The Integrity Council’s Continuous Improvement Work Program (CIWP) on Transition Credits has published a report examining how to assess the integrity of transition credits. The report explores the opportunities, risks and integrity requirements associated with emerging transition crediting approaches. Phasing out coal-fired power is one of the most significant challenges in the global energy transition, particularly in emerging and developing economies where coal makes up a significant portion of the energy mix. In Asia, for example, coal accounts for 60% of energy consumption, and the average age of Asia’s coal…

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Core Carbon Principles at the heart of market transformation: report

Stuart Mitchell

Project developers, programs, buyers and policymakers are adopting high-integrity carbon credits to accelerate climate action and boost sustainable development, analysis finds Carbon credits generated by projects using high integrity methodologies that meet the strict criteria of the Core Carbon Principles are raising global quality standards, increasing market confidence, and delivering real benefits for communities and nature, according to a new report. The report by the Integrity Council for the Voluntary Carbon Market — an independent global governance body — details significant positive impacts linked to the Core Carbon Principles, a…

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Integrity Council confirms carbon crediting program Puro.Earth as CCP-Eligible

Stuart Mitchell

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…

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Integrity Council approves first sustainable agriculture methodologies from CAR and Verra

Stuart Mitchell

The sustainable agriculture category encompasses improved agricultural practices aimed at reducing greenhouse gas (GHG) emissions and enhancing Soil Organic Carbon (SOC) removals. It includes a wide range of different practices such as reduced tillage and improved residue management, crop rotation, improved grazing activities, optimized fertilizer use, and improved water/irrigation management. Each practice varies in its impact on greenhouse gas emissions reduction and/or carbon dioxide sequestration(removal), and some methodologies may allow crediting for multiple practices. Both sustainable agriculture methodologies were approved with accompanying conditions. CAR U.S. Soil Enrichment Protocol v1.1 was…

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