Quantum Commodity Intelligence: “Verra proposes quality stamp for nature-based removals”
In this article, Quantum Commodity Intelligence covers the consultation launch of Verra’s new carbon credit market label, ABACUS. The consultation is for a plan to quality stamp credits that meet a higher environmental threshold by conforming to certain principles, which will give investors additional assurance that when they buy credits from nature-based removals, such as planting forests, any leakage or permanence concerns will be addressed.
“The proposed ABACUS Verified Carbon Unit (VCU) label is intended to catalyze the growth of a market for high-quality nature-based greenhouse gas emission removal credits,” Verra said.
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