Tag: Verra

New Verra Methodology Supports Coal Phase-Out and Just Energy Transition

Stuart Mitchell

Verra has launched a cutting-edge methodology that enables the early retirement of coal-fired power plants and supports their replacement with new renewable energy. This paves the way for the clean generation of high-integrity transition credits, while ensuring that this transition is just, delivering social and economic support to affected workers and communities. Verified Carbon Standard (VCS) methodology VM0052 Accelerated Retirement of Coal-Fired Power Plants Using a Just Transition quantifies the climate benefits of early coal retirement by comparing actual emissions to what a plant would have emitted over its expected lifetime.…

Read More

Agreena achieves Verra registration landmark for soil carbon market

Stuart Mitchell

Agreena, a Danish climate solutions company, has announced a landmark achievement for its pan-European soil carbon project which covers millions of hectares of arable farmland. The AgreenaCarbon Project has become the first large-scale agricultural cropland project registered under Verra’s Verified Carbon Standard (VCS) VM0042 methodology for Improved Agricultural Land Management. The VCS is the world’s most widely used greenhouse gas (GHG) crediting standard and is endorsed by the Integrity Council for the Voluntary Carbon Market (ICVCM). To achieve registration under the standard, the AgreenaCarbon Project went through several years of…

Read More

Integrity Council confirms Verra and ART meet its high-integrity benchmark

Stuart Mitchell

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…

Read More