November 2025 Newsletter

Dear Stakeholders,

As I write this, COP30 is winding down in Belém. We’ll have more reflections on the outcomes (and the ramifications for the carbon market) in the weeks to come, but one early observation is the clear progress in efforts to reduce carbon market fragmentation. Two recent announcements point to this:

• Singapore’s National Climate Change Secretariat (NCCS), Gold Standard, and Verra published the final version of the Article 6.2 Crediting Protocol, which will support governments in their use of Article 6 to meet their Nationally Determined Contributions (NDCs) and sustainable development goals.
• The International Civil Aviation Organization (ICAO) approved Verra’s Verified Carbon Standard (VCS) Program to supply eligible emission units for use in the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) during its second phase, first compliance period (2027–2029).

These are two examples of compliance markets where Verra’s high-integrity VCS Program will support impactful climate action and provide social and environmental benefits.

In other news, the Integrity Council for the Voluntary Carbon Market (ICVCM) has clarified that Avoiding Unplanned Deforestation activities that are (1) using VCS module VMD0055 Estimation of Emission Reductions from Avoiding Unplanned Deforestation, v1.1, and (2) nested within a Scenario 1 scheme under the Jurisdictional and Nested REDD+ Framework are included in its approval of VCS methodology VM0048 Reducing Emissions from Deforestation and Forest Degradation, v1.0 as meeting the Core Carbon Principles (CCPs) criteria.

Finally, we are excited to share that the ICVCM approved Verra’s agricultural land management methodology as meeting the CCPs. This endorsement will help ensure that the carbon markets facilitate the shift toward regenerative agriculture and scale it with integrity, transparency, and impact.

Many more details to follow in this newsletter, but I’d like to conclude this forward by saying thank you to the many engaged and passionate stakeholders we met in São Paulo and Belém. I am always humbled by the people on the ground who are striving daily to make the carbon market the best it can be for maximum positive impact on people and planet. Thank you for the work you continue to do every day.

Best wishes,

Mandy Rambharos

CEO

• Verra’s Improved Agricultural Land Management Methodology Approved by ICVCM
• Verra’s VCS Program Approved for CORSIA
• Singapore, Gold Standard, and Verra Publish Article 6.2 Crediting Protocol

As the markets evolve, so does our thinking. Below are the most recent pieces that offer a window into the insights of Verra’s many thought leaders as they grapple with this complicated, ever-evolving sector.

• REDD Has Never Been Easy, but It’s Too Important to Not Make It Work
• Bridging the Plastics Financing Gap: How Results-Based Financing Can Rectify Delayed Treaty Action

Verified Carbon Standard Program

• Verra Approaches Full Operationalization of CORSIA Eligibility
• ICAO Approves the VCS Program for Second Phase of CORSIA: The Details
• VM0042 Update: Verra Publishes Minor Revisions to IALM Methodology
• Verra Digitalizes CCS Methodology
• Request for Applications: Independent Modeling Experts for Digital Soil Mapping
• Verra Publishes Revision to CDM Methodology for Water Purification Systems
• ICVCM Clarifies Approval of Verra’s VM0048 to Include Jurisdictional and Nested REDD+ Framework Scenario 1
• Reminder: Depth Requirements for Using Soil Carbon Data in VM0042 Projects

Sustainable Development Verified Impact Standard Program

• Verra to Open Nature Framework Certification Process Widely

Cross-Programmatic Announcements

• Verra Stakeholder Update Webinar – October 2025: Recap
• Verra Reaches Milestone in the Digitalization of Its Project Review Process
• Verra Releases Updated Service Level Agreements for Project Review Requests

Verra Staff at Events

Verra CEO Mandy Rambharos and other Verra staff regularly speak at and attend different events around the world to engage in important discussions that help advance the impact of carbon and other markets. For a comprehensive list of all upcoming events, please check our Events page. If you’d like to invite a Verra team member to speak at your event, please contact events@verra.org.