Verra

💻 How can reducing plastic waste support impact-driven and results-based investments? 💡 Banks, institutional investors, and other financial institutions are invited to learn more at a webinar on Tuesday, October 22, at 9:00 am ET. Verra’s Plastic Team will share an overview of Verra's Plastic Waste Reduction Program (Plastic Program), Plastic Credits, and the emerging plastic credit market. ➡️ Join us to discover how Verra's Plastic Standard works, how Plastic Credits are generated, and what kinds of use cases the Plastic Program has in voluntary and regulatory contexts. Register today! https://bit.ly/3XBNE43 #Verra #PlasticCrisis #CircularEconomy #PlasticWaste #PlasticPollution

🌿 Last week, Verra attended the #ChileCarbonForum in Santiago and connected with other carbon markets stakeholders to discuss Verra’s engagement with government entities, the private sector, and civil society in the region.  Verra also supported the event as a Premier Partner. 💡 Angelo Sartori, senior director, regional engagement at Verra, and María Ana González, senior program officer, VCS methodologies, led a workshop about Verra’s Verified Carbon Standard (VCS) Program. They discussed how the program’s role in the voluntary and compliance markets (in domestic and international contexts). Additionally, Angelo participated in a panel discussion on the contributions of carbon projects to Chile's Emissions Compensation System (SCE), which is the basis for the country's domestic carbon market. The VCS Program is eligible to contribute carbon credits to trading in the SCE, and credits issued by the program were already traded in the market’s first cycle. Angelo emphasized the need to increase the number of projects in Chile to ensure a steady supply of carbon credits for this market where currently demand exceeds supply. 📍 Angelo and María Ana appreciated the opportunity to connect with stakeholders to explore opportunities for advancing climate action in the region. Thank you to everyone who visited our booth and attended our workshop! 🌍 #Verra #ChileCarbonForum #StandardsMatter #ClimateAction #CarbonMarkets #SustainableDevelopment 

💻 There is still time to sign up for Verra's October stakeholder webinar next week! We will share our most recent achievements and other updates, look ahead at our upcoming priorities, and conclude with a live question-and-answer session. 📅 Details: Wednesday, October 23, at 11:00 am ET ➡️ Register: https://bit.ly/4gWp3Qe #Verra #ClimateAction #CarbonMarkets #StandardsMatter Photo by FUNDAECO

📢 Verra has published a comprehensive updated Verra Program Fee Schedule that lays out the fee structures and details for all its standards programs. The fee changes will enable Verra to do the following: ➡️ Maintain the operation of high-quality standards programs that are advancing critically needed climate action and sustainable development ➡️ Continue implementing improvements to ensure the quality and rigor of its programs ➡️ Further advance its digitization and digitalization efforts to streamline project review processes for its stakeholders In parallel, Verra is streamlining its rigorous project review processes to add greater efficiency. With this new fee schedule, Verra is revising its approach to charging for the issuance of Verified Carbon Units (VCUs) to incentivize projects to submit accurate and thoroughly documented verification requests. Going forward, Verra will base levies on the quantity of emission reductions and removals (ERRs) claimed in a project’s monitoring report and not on the number of VCUs Verra ultimately approves for issuance. To learn more, please see our full announcement, which includes the fee change details and a comprehensive FAQ page: https://bit.ly/4eMCkcu 💻 Please join us for a webinar on November 26 at 11:00 am ET, where the Verra team will provide an overview of the new fee schedule. Register for the webinar: https://bit.ly/4f52as8 #Verra #StandardsMatter #ClimateAction #CarbonMarkets

🎙️ In the latest episode of the #Carbonsations podcast, Verra CEO Mandy Rambharos discusses the voluntary carbon market (VCM) with Violet George of Carbon Herald. Some key takeaways from the episode: 💡 The VCM drives real climate action on the ground. It mobilizes private-sector funding, which is key to reaching global climate goals. As the VCM continues to grow, trust will be a key component of its success. 💡 The VCM reduces emissions, but projects also have important sustainable development benefits and positive impacts on local communities. 💡 Reducing Scope 3 emissions, including through Verra's Scope 3 Standard Program, will be key to advancing corporate climate action even further. 💡 Verra is set to support the scaling and improvement of the VCM through (1) enhancing the efficiency and transparency of internal processes (e.g., through digitalization) and (2) strengthening relationships with other market stakeholders. #Verra #StandardsMatter #CarbonMarkets #ClimateAction

Verra has released two new tools in the Verified Carbon Standard (VCS) Program to assess the additionality of project activities: 📄 VCS Tool VT0008 Additionality Assessment 📄 VCS Tool VT0009 Combined Baseline and Additionality Assessment VT0008 and VT0009 are designed to meet the additionality requirements of the Core Carbon Principles (CCPs) Assessment Framework of the Integrity Council for the Voluntary Carbon Market (ICVCM).  Verra expects to release revisions of methodologies to adopt these new additionality tools in the coming months. If the ICVCM approves the methodologies relying on the new VCS tools, Verified Carbon Units (VCUs) generated by projects using these methodologies will qualify for CCP labels. VT0008 and VT0009 provide procedures and requirements for conducting the investment, barrier, and common practice analyses, as well as identifying the baseline scenario where applicable. They replace several Clean Development Mechanism (CDM) tools. 🔎 For more details, see the full announcement: https://bit.ly/3BIHNCF #Verra #StandardsMatter #CarbonMarkets #ClimateAction 

📢 Final reminder! This is the last chance to participate in the public consultation for a proposed minor revision to a cement methodology (Verified Carbon Standard Methodology VM0043 for CO2 Utilization in Concrete Production, v1.0). Please share your feedback by Friday, October 18! ✅ With this proposed revision, project proponents will be able to (1) quantify carbon dioxide removals and greenhouse gas emission reductions separately and (2) apply for the respective mitigation outcome type labels. 🔎 Read more: https://bit.ly/4gykBqu #Verra #StandardsMatter #CarbonMarkets #CarbonCredits #ClimateAction

📢 Public Comment Period Now Open! Every project seeking to register in a Verra standards program undergoes a 30-day public comment period. The public comment periods for the projects listed here opened during the week of October 7. This week's listing includes projects seeking registration and/or verification in the Verified Carbon Standard (VCS) and Climate, Community & Biodiversity Standards (CCBS) Programs. The projects are located in various geographic regions, including in Ghana, Turkey, and Brazil, and are implementing a broad range of activities, including those related to biogas, Afforestation, Reforestation, and Revegetation (ARR), landfill gas (LFG) and more. 🌱 Impact Highlight: Collectively, these projects could reduce and/or remove over 2,986,884 tCO2e from the atmosphere, helping to accelerate our transition to a more sustainable future. 🔗 Learn More: View the full list of projects open for public comment in our announcement: https://bit.ly/3zLuQrf 🗣️Get Involved: Share your thoughts and contribute to shaping these projects. Your feedback matters! #ClimateAction #CarbonMarkets #Verra #SustainableDevelopment #CarbonReduction #CircularEconomy Photo by Lisa Murray. Bale Mountains Eco-Region REDD+ Project, Ethiopia (Verra Project 1340).

🌎 Verra is excited to attend the UN Biodiversity conference in Cali, Colombia, from October 21 to November 1. The 16th meeting of the Conference of the Parties to the Convention on Biological Diversity (CBD COP16) will focus on financing biodiversity conservation and restoration.   ➡️ Verra representatives will include Sinclair V. (senior director, sustainable development, program development and innovation); Lorena Arredondo Tagle (senior manager, sustainable development, program development and innovation); and Susana Vélez Haller (regional representative, Latin America and the Caribbean). 🌱 During CBD COP16, we will launch our Sustainable Development Verified Impact Standard (SD VISta) Nature Framework! The Nature Framework will drive finance to activities that can support critical biodiversity outcomes, helping to achieve the goals and targets under the Global Biodiversity Framework by closing the finance gap.  Our staff will also have a number of speaking engagements:  💡 October 24: Lorena Arredondo Tagle will speak on the participation of Indigenous Peoples of the Amazon in the design, implementation, and monitoring of ecosystem services mechanisms associated with biodiversity credits. 💡 October 25: Sinclair Vincent will join a panel about biodiversity credit markets for the financial and social sustainability of conservation projects. 💡 October 25: Susana Vélez Haller will speak in a session on making sustainability a competitive advantage. 💡 October 28: Sinclair Vincent will participate in a discussion about enabling nature markets for coral reef conservation. For more information, please see our full announcement: https://bit.ly/4dIsqr6  #COP16Colombia #Biodiversity #Verra #Conservation #StandardsMatter #ClimateAction

📢 Reminder! Verra has launched the first public consultation on proposed updates to its Verified Carbon Standard (VCS) Program, which will result in version 5 of the program. Our feedback period is open through November 4, 2024! 💡 The suggested updates aim to enhance the integrity, impact, and usability of the VCS Program, enabling the voluntary carbon market to unlock finance for climate action at the scale and pace needed to halve global emissions by 2030. In this consultation, Verra is seeking feedback on the following proposed updates: 1. Fundamentals of the VCS Program 2. Enhancing data transparency and usability through digital tools 3. Environmental and social safeguards 4. A refined program scope 🔎 For more information, see the full announcement: https://bit.ly/3MQqxh6 #Verra #StandardsMatter #CarbonMarkets #CarbonCredits #ClimateAction