Nature Based

Review of August 2023

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…

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Review of July 2023

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).

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Review of June 2023

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…

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Review of May 2023

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.…

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Review of April 2023

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…

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Review of March 2023

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Review of February 2023

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Review of January 2023

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…

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