Who We Are

Verra is committed to helping reduce emissions, improve livelihoods and protect natural resources across the private and public sectors. We support climate action and sustainable development with standards, tools and programs that credibly, transparently and robustly assess environmental and social impacts and enable funding for sustaining and scaling up these benefits. We work in any arena where we see a need for clear standards, a role for market-based mechanisms and an opportunity to achieve environmental and social good.  

 

The Organization

Verra was founded in 2005 by environmental and business leaders who saw the need for greater quality assurance in voluntary carbon markets. We now serve as a secretariat for the various standards we develop and programs we manage, as well as an incubator of new ideas that can generate meaningful environmental and social value at scale. The strategic direction of Verra is set by both staff and the Verra Board of Directors. Our headquarters are in Washington, DC, and we have staff working remotely in various parts of the world. Verra is a registered 501(c)(3) not-for-profit organization.

 

Our Programs and Initiatives

Currently, Verra manages the following:

    • VCS Program. The VCS Program allows certified projects to turn their greenhouse gas (GHG) emission reductions and removals into tradable carbon credits. Since its launch in 2006, the VCS Program has grown into the world’s largest voluntary GHG program. VCS projects include dozens of technologies and measures which result in GHG emission reductions and removals, including forest and wetland conservation and restoration, agricultural land management, transport effi ciency improvements, and many others. There are currently almost 1,600 registered projects in over 70 countries that have generated more than 380 million carbon credits, the equivalent of more than 80 million passenger vehicles being taken off the road for one year. (For updated VCS statistics, please click here).
    • VCS Jurisdictional and Nested REDD+ (JNR) Framework. The JNR Framework is an accounting and crediting system for jurisdictional REDD+ programs and nested projects, designed for market mechanisms. It is a practical framework that provides guidance to national and subnational governments to support development of their REDD+ programs and help nest REDD+ projects within these programs, ensuring environmental integrity and jurisdictional sovereignty. This ensures that these projects support and align with governments’ efforts to achieve countries’ climate action goals, while driving finance to high impact mitigation. In 2020, Verra plans to release an updated version of the framework which will include more detailed guidance on nesting.
    • Climate, Community & Biodiversity (CCB) Program. With over one hundred registered projects, the CCB Program is the leading framework for assessing land management projects that create net-positive benefi ts for climate change mitigation, local communities and biodiversity. The CCB Program can be used in conjunction with a GHG-crediting program, such as the VCS Program, and carbon credits can be labeled with the co-benefits certified under the CCB Program. In total, projects certified to the CCB Program cover almost 11 million hectares.
    • Sustainable Development Verified Impact Standard (SD VISta). The SD VISta Program is a flexible framework that sets out rules and criteria for the design, implementation and assessment of projects that aim to deliver high-impact sustainable development benefits. SD VISta enables projects to link their social and environmental impacts to the United Nations Sustainable Development Goals (SDGs) through certified claims or tradable assets such as health or water credits. The standard enables donors and investors to identify, support and help drive finance to activities that generate measurable sustainable development outcomes.
    • Verra California Offset Project Registry (OPR). The California OPR helps the California Air Resources Board (CARB) administer the Compliance Offset Program component of its cap-and-trade system. The OPR facilitates the listing and verification of GHG offset projects that were developed using CARB Offset Protocols and that issue Registry Offset Credits (ROCs). Entities covered by California’s cap-and-trade program can use compliance offset credits to satisfy a portion of their regulatory obligations.

Verra is also actively engaged in initiatives that will help to drive more investment in actions designed to protect the environment and promote sustainable development:

    • Initiative for Climate Action Transparency. ICAT aims to help countries assess the impacts of their climate actions and to support greater transparency, effectiveness, ambition  and trust in climate policies. ICAT integrates methodological guidance, capacity building and knowledge sharing to strengthen the transparency and effectiveness of climate policies and actions worldwide. To this end, the initiative has developed a series of impact assessment guides and is also working with developing countries to strengthen their capacity to assess climate actions in the context of their Nationally Determined Contributions. To date, more than thirty countries have accepted to join ICAT.
      • ICAT is a multi-donor fund that is managed by the United Nations Offi ce for Project Services (UNOPS). Italian National Institute for Environmental Protection and Research, UNEP-DTU Partnership, Verra and World Resources Institute are implementing the Initiative.
    • LandScale (LS). LandScale provides a standardized, yet adaptable, framework to track the outcomes of landscape or jurisdictional sustainability approaches and communicate those outcomes to commodity-buying companies, donors, and other external stakeholders, facilitating multistakeholder, cross-sector collaboration. LandScale enables users to obtain reliable information about the status of ecosystems, human well-being, governance, and productivity in a landscape and to determine the state and trajectory of its sustainability. LandScale assessments will help drive improvements in sustainability performance by informing locally relevant policies and management interventions, guiding sustainable sourcing and investment decisions, and spurring new market incentives for landscape sustainability.
      • LandScale is co-led by Verra, the Rainforest Alliance and the Climate, Community and Biodiversity Alliance, in collaboration with a growing number of global partners. It is generously supported by the BHP Foundation and the International Climate Initiative of the German Federal Ministry for the Environment, Nature Conservation & Nuclear Safety. 
    • 3R Initiative (3RI). To catalyze zero plastic waste corporate leadership, 3RI is developing a market- based approach that will scale up recovery and recycling activities and increase accountability for plastic waste reduction efforts around the world. The 3RI’s flexible market mechanism, underpinned by robust standards, will transparently and sustainably increase the value of plastic waste and incentivize new activities that support the circular economy.
      • Verra and BVRio have established the 3R Initiative with Steering Committee members Conservation International, Danone, McKinsey.org, Natural Capital Partners, Nestlé, South Pole, SYSTEMIQ, Tetra Pak and Veolia.

More info here: Verra’s One-Pager 

Más información aquí 

Our Work

Initiative for Climate Action Transparency

Supporting countries around the world in the evaluation of the climate, sustainable development and transformational impacts of their policies and actions 

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Photo: Darren Centofanti

Climate, Community & Biodiversity Standards

Supporting land use projects in addressing climate change, supporting local communities and smallholders and conserving biodiversity

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Photo: Paul Vincent

Verified Carbon Standard

The VCS Program is the world’s leading voluntary program for the certification of GHG emission reduction projects

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