Dear Colleague,
Welcome to Verra’s June Newsletter!
We are pleased to announce that the Integrity Council for the Voluntary Carbon Market (ICVCM) recently approved the first set of methodologies that meet its Core Carbon Principles (CCPs), including two methodologies that are active in the Verified Carbon Standard (VCS) Program. CCP labels may now be applied to Verified Carbon Units (VCUs) from projects using methodologies that are eligible in the VCS Program and that have been approved by the ICVCM.
This news closely followed the U.S. government’s public statement that a high-integrity voluntary carbon market is pivotal to financing climate action.
As in our May newsletter, we are again featuring several methodology-related announcements, reflecting Verra’s broader commitment to continuously updating and strengthening our methodologies. Specifically, this issue includes the latest updates on our Afforestation, Reforestation, and Revegetation methodology; one of our Improved Forest Management methodologies; and our new rice cultivation methodology.
We also extend a warm welcome to Anil Vinayak, our new chief financial officer, who just joined Verra. Anil will work closely with Verra’s leadership team to solidify and strengthen the organization’s financial tools, transactional capabilities, and overall financial portfolio.
Finally, we’d like to bring to your attention that we have added a “New Resources” section in this newsletter. It includes recordings of recent interviews with Verra staff as well as new program-related materials that you may find useful.
Stakeholder Updates
Top News
Verified Carbon Standard Program
Program Updates
- TCX, Verra Strike Important Agreement at Taipei Voluntary Carbon Markets Conference
- Verra’s Methodologies to Be Used in India’s Push to Engage Farmers in the Voluntary Carbon Market
- Verra at 2024 Latin America Climate Summit
- On Today’s Reporting about Kariba and Carbon Green Investments: Statement by Joel Finkelstein, Senior Director, Media and Advocacy
- On Verra’s Formal Review of Projects Implicated in Brazil’s Operation Greenwashing
Methodology Updates
Regular Updates
General
Verra Staff at Events
We would like to bring your attention to an upcoming event:
- GreenFin 24 (June 17–19, New York City) is the premier event for sustainable finance professionals harnessing the power of capital markets to realize a net zero economy. Form valuable connections, get up to speed on emerging trends, and discover the latest products and services to accelerate your organization’s sustainability strategy. Apply the 10% discount code GF24V when you register today: https://buff.ly/4aVwuU6.
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.
New Resources
Check out these recent interviews featuring Verra staff:
- Robin Rix, chief legal, policy, and markets officer, joined an episode of ClimateTalks to share how the Verified Carbon Standard Program helps accelerate a transition to a sustainable future.
- Jonathon Alcock, manager, supply chain innovation, had a conversation with Indigo Ag about Verra’s new Scope 3 Standard Program.
Take a look at our new fact sheet, which provides an overview of how Verra’s Plastic Waste Reduction Program supports verified actions beyond the value chain.