Integrity

ICVCM approves Verra VCS Version 5 programme standards for CCP eligibility

The Integrity Council for the Voluntary Carbon Market (ICVCM) has recognised Verra’s Verified Carbon Standard (VCS) Version 5 as Core Carbon Principles (CCP) Eligible. This approval certifies that Verra’s updated programme-level governance, transparency, and tracking frameworks meet high-integrity global benchmarks. The ICVCM also approved 13 active project methodologies within Verra’s system, including biochar, making these credits eligible for full CCP labelling once verified. Verra fully operationalised Version 5 in June 2026, with rules becoming mandatory for new project registrations on 1 January 2027, and existing projects needing to adopt new social and environmental safeguard standards by 1 January 2030. This decision responds to market demand for improved credit quality and stronger safeguard mechanisms.

Read the original at Biochar Today

This summary was written by carbon.fyi from the reporting linked above. It is not a quotation; cite the original source.