The Integrity Council for the Voluntary Carbon Market (ICVCM) (external) has clarified that Scenario 1 is included in its approval of Verra’s Jurisdictional and Nested REDD+ (JNR) Framework as meeting the Core Carbon Principles (CCPs) criteria. This clarification follows the ICVCM’s November 2024 approval of version 4.1 of the JNR Framework, and it confirms that credits issued under all three JNR scenarios are eligible to receive CCP labels.
The JNR Framework is the world’s first accounting and verification framework for jurisdictional REDD+ programs and nested projects. It allows governments to generate greenhouse gas credits for their REDD+ programs and to nest projects and other site-specific, lower-level efforts within the program. Linking site-level forest conservation projects with jurisdictional goals and accounting helps ensure high integrity across all levels of implementation and can help attract private finance to projects that support governments in accelerating progress toward their long-term climate objectives.
The JNR Framework includes three carbon accounting and crediting scenarios. Under Scenario 1, the jurisdictional Forest Reference Emission Level (FREL) is allocated to REDD+ projects and lower-level programs within the geographic boundaries of the FREL to determine their baselines or FRELS. Carbon accounting and crediting only occur for the nested REDD+ projects and lower-level jurisdictional programs.