Tag: Integrity Council for the Voluntary Carbon Market (ICVCM)

The Integrity Council for the Voluntary Carbon Market has announced its latest batch of assessment decisions, as follows: Program decisions: Global Carbon Council (GCC) – CCP-Eligible (applies to GCC 2.0 and projects following the Standard on ICVCM Eligibility of Projects and Issuances v1.1 or later) Methodology decisions: VCS VMR0017 v1.0 – CCP-Approved (Conditional) ART TREES v2.0: HFLD Crediting Level – Remedial Actions ART TREES v2.0: Removals Crediting Level – Remedial Actions Isometric Mangrove Restoration Protocol v1.0 – CCP-Approved VCS ACM0008 (Versions 6-8) – CCP-Approved (Conditional) Annette Nazareth, Chair of the…

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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…

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