Integrity Council confirms carbon crediting program Rainbow as CCP-Eligible

Rainbow (formerly Riverse) has become the ninth program to be approved as CCP-Eligible, the Integrity Council for the Voluntary Carbon Market (ICVCM) announced recently. The approval applies to Rainbow Standard Rules v7 or later. This version incorporates strengthened provisions that were introduced in order to meet the CCP requirements. For example: Enhanced governance and independence: Clearer roles for governing bodies and advisory committees. Reinforced conflict-of-interest and oversight provisions, including for Validation and Verification Bodies (VVBs). More robust validation and verification: Tighter VVB accreditation, rotation, performance review, and sanctioning rules. Clearer…

Read More