The Integrity Council for the Voluntary Carbon Market (ICVCM)’s Post

The Integrity Council for the Voluntary Carbon Market is committed to building trust in the #VoluntaryCarbonMarket by establishing the highest standards for integrity. Our science-based Assessment Framework and "two-tick" process are crucial to achieving our goal. 📈 What does the "Two-Tick" process mean? For a program to issue CCP-labelled credits, it needs to be BOTH 🌿a CCP-Eligible program AND 🌿for the credits to belong to a CCP-Approved methodology. This ensures not only strong program governance but also integrity in the rules for how the credited project has been designed and implemented. These credits represent the highest standard for integrity within the #VCM. Together, CCP eligibility and approval create a powerful framework that instils confidence in buyers regarding the quality and environmental impact of CCP-labelled credits.🤝 We are working towards a VCM 2.0 where buyers seeking high-integrity credits can look for the CCP label. 🔗 Learn More: https://lnkd.in/ephzMAJh

Neil Havermale

Soil Carbon Economy - Regeneration by Sequestration of its Dividends.

3mo

American farming systems offer significant opportunities for 1) avoidance carbon and 2) removals via soil carbon sequestration. Both avoidance opportunity and removal sequestration occur with changes like no-till, addition of cover crops, ammonia-based nitrogen with manures and legumes, and other climate smart methods. We use the annual carbon intensity score (CIS) to measure changes and carbon avoidance efficiency. What is then interesting is that clever climate smart farms systems to actually create a negative CIS on an annual basis. This negative CIS implies the farm has increased their farming system's propensity to sequestrate soil carbon as well. Low CIS corn has a premium for use in corn sweetener syrups used in Coke and Pepsi as well as for low CIS ethanol. These are emerging examples of how Scope 3 accounting process requires CIS for our commodities that can represent 40% to more of the carbon footprint in ESG accounting. Soils are also a huge potential spong for fugitive atmospheric carbon. When the ag-commodity is CIS negative, CIS avoidance can collide with soil carbon sequestration which is a removal carbon credit opportunity. https://www.ryzo.earth/resources/farm-accounting-usa Philip Mulvey Mitchell Hora

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