Verra's carbon capture and storage methodology receives ICVCM approval

Verra's Verified Carbon Standard (VCS) methodology VM0049 for Carbon Capture and Storage (CCS), along with its accompanying modules, has received approval from the Integrity Council for the Voluntary Carbon Market (ICVCM) as meeting the Core Carbon Principles (CCPs). Published on 28 September 2026, this approval signals high integrity for credits generated under this methodology. VM0049 establishes criteria for quantifying greenhouse gas emission reductions and CO2 removals from projects that capture and permanently store CO2. The methodology is globally applicable and flexible, allowing project developers to combine different approaches for capturing, transporting, and storing carbon, including direct air capture (DAC), CO2 transport, CO2 storage, and bioenergy with carbon capture and storage (BECCS). It also requires new renewable electricity sources for projects relying on them, rather than existing ones.

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