Verra introduced latest updates to its crediting standards, which are particularly geared towards alignment with Article 6, the Integrity Council for the Voluntary Carbon Market (ICVCM) and the Carbon Offsetting…

The Core Carbon Principles were published last month, outlining rules for methodologies and projects to become CCP-eligible and demonstrate high-integrity (see our blog here).

Two important consultations opened last month, one on ‘Beyond Value Chain Mitigation’ guidance, and one on the role of removal credits within the Paris Agreement’s Article 6.4 mechanism. NBS issuances…

NBS issuances decreased last month from a spike in Apr-23, down to 3.9 Mt. REDD+ issuances sank to 2.5 Mt in May-23, half its monthly average over the last year.…

Policy updates last month include Verra’s draft consolidated REDD+ methodology and nature-related financial disclosures. Issuances increased to 16 Mt, particularly driven by REDD+, while retirements dropped significantly, leaving many credits…

Main policy and guidance updates came from a Guardian article alleging that 90% of avoided deforestation credits issued by Verra were “worthless”. The article garnered a huge amount of interest…