Verra

➡️ This week, Andrew Howard, Verra's senior director, climate policy and strategy, will be speaking at the 24th annual workshop on greenhouse gas emissions trading organized by the @International Energy Agency (IEA), IETA, and EPRI. His panel, "Carbon markets and corporate decarbonisation targets," will take place on Thursday, October 3, at 10:55 am CEST. 💡The panelists will discuss the role of carbon credits in achieving Paris Agreement goals, as well as how carbon markets provide a mechanism to channel corporate funds into climate mitigation activities, especially in the Global South. They will also share insights on the potential use of carbon credits to abate #Scope3 emissions. ✅ Andrew will be joined by Noah Deich (senior advisor, Office of Fossil Energy and Carbon Management, US Department of Energy), @Andrew Prag (managing director, policy, We Mean Business), and @Emily Faint (senior policy manager, net zero, BSI Group). Andrea Abrahams of IETA will moderate. Learn more: https://bit.ly/4dC9HxC #Verra #ClimateAction #StandardsMatter #CarbonMarkets #CarbonCredits

Join this webinar tomorrow at 10 am EDT top learn more about how Verra's Plastic Waste Reduction Program helps scale up plastic waste recycling -- and how the Deekali Plastic Project is using the program and the Plastic Credits it generates to make change happen on the ground. With Kristen Linscott, CPA - Manager, Plastics Policy and Markets, Verra #Verra #StandardsMatter #PlasticCrisis #CircularEconomy

📢 Projects Open for Public Comment Period! 🌍 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 September 23. 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 Brazil, South Korea, and Madagascar, to name a few. These projects are implementing a broad range of activities, including activities related to Afforestation, Reforestation, and Revegetation (ARR), methane reduction, and electrical vehicle (EV) charging systems. Impact Highlight: Collectively, these projects could reduce and/or remove 554,304 tCO2e annually 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/4ej74BE Get Involved: Share your thoughts and contribute to shaping these projects. Your feedback matters! #ClimateAction #CarbonMarkets #Verra #SustainableDevelopment #CarbonCredits #Verra Photo by Verra staff. Alto Huayabamba, Peru (Verra Project 796).

Verra recently conducted a session as part of the Navigating Policy Developments and Trends in Carbon Markets course, organized by the NUS Centre for Nature-based Climate Solutions.     The Verra-hosted session was titled "The VCS Program and the Roles of Standards in Compliance and Voluntary Carbon Markets." Win Sim Tan, Verra’s regional representative for East and Southeast Asia, introduced attendees to Verra and its flagship Verified Carbon Standard (VCS) Program. He also provided information on voluntary versus compliance markets, different types of carbon projects, and Verra’s Climate, Community & Biodiversity Standards (CCBS) Program and Sustainable Development Verified Impact Standard (SD VISta) Program. Specifically, he pointed out that well-executed carbon projects offer benefits beyond reducing or removing emissions, for example: preservation of ecosystem services, socio-economic upliftment of local communities and biodiversity conservation.      Our team appreciates the opportunity to share these insights, and we look forward to further opportunities for dialogue with voluntary carbon market stakeholders in the region.     #Verra #StandardsMatter #CarbonMarkets #ClimateAction    --  Photo courtesy of the Continuing Education & Training Team, NUS Centre for Nature-based Climate Solutions

🍎 Today is the International Day of Awareness of Food Loss and Waste, designated by the United Nations General Assembly.    Food loss and waste (FLW) is a major contributor to climate change. Globally, food systems are responsible for around 26% of anthropogenic greenhouse gas (GHG) emissions, 90% of deforestation worldwide, and the majority of biodiversity loss. Nearly one-third of food produced for human consumption is lost or wasted, meaning that the resources expended in its production (e.g., water, land, energy, labor) are likewise wasted. FLW also exacerbates issues like food insecurity.    Reducing FLW is key to mitigating climate change and global hunger, which is why Verra is prioritizing methodologies that drive these efforts forward.    In 2023, Verra released VM0046 Methodology for Reducing Food Loss and Waste. VM0046 enables projects that tackle FLW at various stages in the food supply chain to quantify the downstream emission reductions from their activities. The methodology helps those projects generate carbon credits, and the finance from selling these credits enables projects to sustain and scale up their activities.    Additionally, Verra is currently developing a methodology for sustainable food systems, which will quantify upstream emissions from reduced FLW across the food supply chain. This draft methodology will be open for public consultation later this year.    💡 Learn more about VM0046 Methodology for Reducing Food Loss and Waste, v1.0: https://bit.ly/3tbIQXA  💡 Learn more about the draft methodology for sustainable food systems: https://bit.ly/4eDDG92  #Verra #Food Loss #FoodWaste #FLW #FoodSystems #CarbonMarkets

Last week, Verra and the Climate Change Research and Cooperation Centre (CCRCC) hosted a one-day roundtable on Verra’s Verified Carbon Standard (VCS) Program in Ulaanbaatar, Mongolia, to provide an overview of the requirements for registering a project with the VCS Program. The CCRCC is a self-funded state-owned enterprise that operates under the methodological guidance of the Ministry of Environment and Climate Change of Mongolia. Key stakeholders from the public and private sectors attended the event, including representatives from the following organizations: Ministry of Environment and Climate Change (Mongolia) •  Ministry of Energy (Mongolia) • Implementing Agency of the Government Forest Department (Mongolia) • Mongolian Renewable Industries Association • Mongolian National Chamber of Commerce and Industry • Trade and Development Bank of Mongolia • Clean Energy LLC, Nomgon Forestry LLC • United Nations Environment Programme • Deutsche Gesellschaft für Internationales Zusammenarbeit (GIZ; German development agency) • Asian Development Bank, Golomt Bank • Gobi LLC • Ureca LLC • Qleantech LLC • Fruit Association • Unitel • Uvur Burd • JCM • and others. During the capacity-building workshop, Ashok K. Chandhel, Verra’s regional representative for Central and South Asia, delivered the keynote speech. He provided an overview of the carbon markets and the certification process in the VCS Program, including eligible project activities and the independent third-party audit processes by accredited and Verra-approved validation/ verification bodies (VVBs). Vigil Yangjinqi Yu, senior program officer, plastic policy and markets, presented an overview of Verra’s Plastic Waste Reduction Program (Plastic Program), including its rules, requirements, and methodologies. Vigil also discussed how to develop a project and register it in the Plastic Program. Santhosh T Prakasam, director, Verra Registry, and Moulik Wadhwa, senior registry administrator, presented an overview of the Verra Registry, including how to open and manage an account. They also covered the lifecycle of carbon credits, from pipeline listing a project to the issuance and retirement of credits. Andrew Howard, senior director, climate policy and strategy, presented an overview of the Article 6 authorization process and corresponding adjustments, the role of host and buyer countries under Article 6, and Verra’s process for applying Article 6 labels to carbon credits issued by the VCS Program.    The roundtable closed with an open question and answer session. #Verra #StandardsMatter #CarbonMarkets #CarbonCredits #Mongolia

At today's #ClimateWeekNYC event "Towards a Just Transition: The Integrity Dialogue in Voluntary Carbon Markets" (also part of IETA's #NorthAmericaClimateSummit), speakers discussed if new market initiatives and guidance, including by the US government, will effectively strengthen integrity at all levels -- at the environmental, but also at the economic and social level. Citing the strong interest in Verra's new Scope 3 Standard Program -- as evidenced by a well-attended event the day before -- Verra CEO Mandy Rambharos said, "Corporates are looking for how do we do this in a way that is high-integrity, quality, gives certainty around Scope 3 emissions ... So we are working on developing a Scope 3 Program ... That is crucial for the market. ... What we are doing is provide an ecosystem that will show what the data is saying, but also traceability." #Verra #StandardsMatter #ClimateAction #NACS2024

#ClimateWeekNYC - Day 4 is here! Every day we will post on our LinkedIn channel at which events Verra staff will be speaking. If you would like to meet with anyone from our team outside of these events and need help getting in touch, email events@verra.org. The Verra team looks forward to connecting with many of you in NYC! 🗽 The Verra Team today at Climate Week NYC: 9-10 am ET What: "Forest Carbon MRV: Can LiDAR Be a Game-Changer for the VCM?" Host: Chloris Geospatial 🎤 with Tasila Banda, director, REDD+ program development and innovation Where: Sheraton New York Times Square Hotel, 811 7th Avenue, W 53rd St. 10:10-11:10 am ET What: "Towards a Just Transition: The Integrity Dialogue in Voluntary Carbon Markets" (Plenary 4) Host: IETA 🎙️with Mandy Rambharos, CEO Where: Sheraton New York Times Square Hotel, 811 7th Avenue, W 53rd St. Both events are part of IETA's #NorthAmericaCarbonSummit (#NACS2024) and recordings of these sessions will be available one to three weeks after the summit on IETA’s YouTube channel (link in the comments). #Verra #StandardsMatter #CarbonMarkets #ClimateAction #JustTransition

Today at #ClimateWeekNYC, Verra and SustainCERT signed a groundbreaking Memorandum of Understanding (MOU) to accelerate credible corporate Scope 3 action. Reducing Scope 3 emissions, which often represent the majority of a company’s emissions, is critical. However, key challenges prevent corporates from taking action at scale. These challenges include a lack of clarity around the regulatory landscape and limited commercial incentives to invest in value chain decarbonization. Under the MOU, the partners will collaborate to overcome barriers to scale credible corporate Scope 3 action. Specifically, Verra and SustainCERT aim to collaborate on the following: 💡 Standardizing terminology and definitions in the space and providing clarity for corporates to take action ✅ Working on communications to build momentum and trust for credible Scope 3 climate action ➡️ Creating an interface between Verra’s Registry and SustainCERT’s VIVID Platform and unlocking inventory claims in line with international standards (For more information, please see the link in the comments.) The new collaboration was announced at today's #CWNYC2024 event "The Future of Scope 3: The Role of Value Chain Interventions and EACs with Upcoming Standards and Regulatory Changes", hosted by the Value Chain Initiative. Every seat was taken and the standing room was full, too -- signaling the tremendous interest in credible corporate Scope 3 action. "Every single panel this week talked about collaboration," said Verra CEO Mandy Rambharos. "And today, we are finalizing an MOU with SustainCERT. The collaboration will connect Verra's Scope 3 Standard Program with SustainCERT's auditing capabilities and work on enabling companies to credibly report, track, and co-claim impact of interventions." "Our goal really is to scale, we want to scale this market and advance climate action." #Verra #StandardsMatter #ClimateAction #Scope3 #ESG #SupplyChain #ClimateWeekNYC2024

💡At #ClimateWeekNYC, speakers at S&P Global's event "Cross-Market Collaboration: Demonstrating the Value of the Voluntary Carbon Market in Delivering Lasting Climate Action" explored timely topics related to the voluntary carbon market (VCM) discussed how collaboration in the voluntary carbon market (VCM) can bring about meaningful change, strengthen the market, and promote solutions that are innovative, foster trust, and result in impactful climate action. 🎤 When asked where she sees collaboration in the VCM having worked positively, Mandy Rambharos, Verra CEO said, "To have some sort of guardrails, some sort of framework around how the VCM works is very good progress. ... The coming together, the collaboration under the umbrella, for example, of the ICVCM and VCMI is a good, positive move. ... We all have agreements on things like sustainable development goals, the social impacts, the co-benefits, the safeguards -- we see some coalescing around that." 🎤 ➡️ This event was part of IETA's North America Climate Summit (#NACS2024). A recording of the event will be available one to three weeks after the summit on IETA’s YouTube channel (link in the comments). #Verra #StandardsMatter #ClimateAction #CarbonMarets