Today, the Climate Crisis Advisory Group (CCAG) shared a vision for the future of the voluntary carbon market (VCM) (external). This group of 16 experts from around the world, representing a diversity of opinions and expertise, came together to reaffirm the importance of this critical climate solution – and the importance of getting it right.

Verra is proud to support independent research that asks the tough questions. The key recommendations endorsed in this report are very much aligned with the many steps we are taking as part of the New Era for Verra. We entirely agree with CCAG’s position that carbon credits must be transparent, scientifically sound, and both well-measured and -monitored with a commitment to the principles of each project.

Verra remains determined and committed to raising the bar on integrity, transparency, and impact. We will continuously improve our methodologies, standards, and systems to tackle the issues presented in this report. Our core mission is to unlock investment in tangible climate action, and we believe CCAG’s research can help make that happen.

Contact for media inquiries:

Lara Kennedy, Manager, Trade and Markets Media
lkennedy@verra.org | 1-512-560-6226

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Verra is a global leader helping to tackle the world’s most intractable environmental and social challenges. As a mission-driven non-profit organization, Verra is committed to helping reduce greenhouse gas emissions, improve livelihoods, and protect natural resources by working with 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 projects that verifiably deliver these benefits.

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