Washington – Mar. 20, 2025 | Verra is pleased to announce the appointment of Marc Stuart as the new Chair of its Board of Directors. Stuart, a founding managing director of Allotrope Partners and co-founder of EcoSecurities, has been a member of Verra’s Board since the standards setter’s inception and brings deep expertise in environmental markets, project development, and investment strategy.

He succeeds Ken Markowitz, a distinguished climate law expert and partner at Akin Gump Strauss Hauer & Feld LLP, who provided strong leadership to Verra’s Board during a critical period of the organization’s growth and transformation.

“I’m honored to step into this role at such a pivotal moment for Verra and the broader voluntary carbon market,” said Stuart. “Having been involved with Verra from the beginning, I have seen firsthand the organization’s evolution and commitment to integrity, innovation, and impact. We are now at the end of a several-year leadership transition period, and I look forward to working with the Board and new leadership team to further strengthen Verra’s role in scaling the impact of environmental and social markets at a time when the world needs such leadership the most.”

Mandy Rambharos, CEO of Verra, expressed her gratitude for Markowitz’s leadership while welcoming Stuart into his new position.

Ken has been an invaluable leader, guiding Verra with wisdom and strategic vision. We are deeply grateful for his contributions. At the same time, we are thrilled to welcome Marc as Board Chair. His deep understanding of Verra’s mission and his vast experience in, and passion for, environmental markets make him the perfect leader to help drive our next phase of impact.

Mandy Rambharos, CEO of Verra

Further Board Changes

Other changes to the Verra Board include the following:

  • Julie McLaughlin and André de Ruyter are now serving as Vice Chairs.
  • Juan Felipe Rengifo Borrero joined Verra’s Board in December 2024. He is a political risk consultant with more than 20 years of experience in strategic communication, crisis management, and negotiations at both domestic and international levels in fields such as sustainability, security, and democratic governance. He has held various executive and senior advisory roles at global entities such as the UN Environment Programme and the UN Development Programme, as well as national institutions such as the Senate of the Republic of Colombia. Additionally, he has served as government representative in multilateral bodies such as the UN Security Council, the executive boards of UN funds and programs, and the Rio Convention.

Media Contact:

Erdem Koch | ekoch@verra.org

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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 nonprofit 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 programs and tools that credibly, transparently, and robustly assess environmental and social impacts and enable funding for sustaining and scaling up projects that verifiably deliver these benefits.