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.
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