Expert expects positive market signal as Verra’s Verified Carbon Standard gets ICVCM approval

Verra gets ICVCM approval for its VCS  program. (Photo: RECCESSARY)

Verra, a nonprofit organization that sets standards for environmental and social markets, announced on May 2 that its Verified Carbon Standard (VCS) Program has received approval from the Integrity Council for the Voluntary Carbon Market (ICVCM).

The recognition, which confirms Verra's program against the rigorous criteria of the Core Carbon Principles (CCPs), represents a significant milestone in the pursuit of high-quality carbon credits.