Verra has concluded its consultation on a proposed approach to third-party crypto instruments and tokens and has published a summary of the comments it received.

Verra recognizes the possible opportunities that crypto instruments and tokens can present for environmental and social markets and, by extension, the enhanced channeling of finance to support the emission reduction and removal projects that supply these markets. However, we also recognize the potential risks that such instruments may pose.

The public comments have been integral as Verra works toward finalizing our approach to third-party crypto instruments and tokens.

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