Save the date: Get ready to drive momentum in the Voluntary Carbon Markets! 🌍 Join us for VCM Day during Climate Week NYC on September 25th as we gather high-level leaders to discuss the critical role of VCMs in tackling the climate crisis.🤝 We'll explore how to improve VCM integrity, overcome barriers, and accelerate corporate climate action. Let's work together to build a thriving, high-integrity carbon market that delivers real impact.✅ 🔗Visit our website to find out more: https://ow.ly/SqZk50T4ZYB
The Integrity Council for the Voluntary Carbon Market (ICVCM)
Environmental Services
Setting and enforcing global standards for a high-integrity voluntary carbon market
About us
The Integrity Council for the Voluntary Carbon Market (IC-VCM) is the new governance body which sets and enforces the highest standards of ethics, sustainability, and transparency for the global voluntary carbon market. Its purpose is to ensure the voluntary carbon market contributes to the goals of the Paris Agreement by mobilizing finance into projects and programs that reduce or remove greenhouse gas emissions in the atmosphere. This ensures the voluntary market operates for the public good – while minimizing social and environmental harms. The Integrity Council develops standards according to the world’s best available science and policy expertise, and through public consultation. The body consists of a Governing Board, an Expert Panel, and an Executive Secretariat, which is hosted by the Green Finance Institute in the United Kingdom.
- Website
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https://www.icvcm.org/
External link for The Integrity Council for the Voluntary Carbon Market (ICVCM)
- Industry
- Environmental Services
- Company size
- 51-200 employees
- Headquarters
- London
- Type
- Nonprofit
Locations
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Primary
London, GB
Employees at The Integrity Council for the Voluntary Carbon Market (ICVCM)
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Navin Rauniar
Sustainability Partner, Speaker, & Author - ESG | Climate Risk | Net Zero | Sustainable Finance | Carbon Markets
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Dr Lokesh Chandra Dube
Senior Manager (Standard Development and Innovation) at Gold Standard
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Jeff Swartz
Vice President, bp trading & shipping
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Nick Atkinson FLS
Biodiversity Strategist at BeZero Carbon
Updates
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Stakeholder engagement is at the heart of what we do at ICVCM. As significant defenders and stewards of our natural carbon sinks, Indigenous People & Local Communities must be recognised as key partners in the road towards building a #VCM 2.0.🌿 “We need Indigenous People to be more involved in the process of crafting what high integrity looks like in every market. We’re doing this through the Indigenous People and Local Communities Engagement Forum for the voluntary carbon market.” says Jennifer Tauli Corpuz, ICVCM Board Member and Senior Global Policy and Advocacy Lead at Nia Tero Foundation. Our Indigenous People and Local Community's Voluntary Carbon Market Engagement Forum will provide a platform for, and by the IPLC voices to build a robust, and high-integrity #VCM. 🔗Find out more: https://lnkd.in/ecHhVEU8 #ClimateFinance
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🍀The CCP label is designed to mobilise new and additional private investment into climate solutions, removing billions of tonnes of emissions that would otherwise not be viable. By making it easier for buyers to identify high-integrity #CarbonCredits, the CCP label will help accelerate flows of finance to countries in the Global South, supporting the #SDGs and the growth of vibrant green economies. ⤵️Find out more about our assessment process and the latest updates here: https://icvcm.org/
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Earlier this month, our Board announced additional CCP-Approved methodologies, including Leak Detection and Repair (LDAR). To better understand what they are and why it’s important. ⤵️Read our latest post: 🔗https://lnkd.in/eTUXucQN ⤵️Explore other CCP-Approved methodologies: 🌿ODS - https://lnkd.in/eryqQnrR 🌿LFG - https://lnkd.in/ejdA92X6
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As we assess carbon crediting programs and categories, we've compiled a comprehensive list of Market-Oriented FAQs specifically designed for market practitioners. ✅ The exhaustive resource includes answers to questions such as: 💡Understanding CCP eligibility and CCP-Approved Categories 💡Understanding our science-based Assessment Process 💡Navigating the CCP label and its significance 💡Staying Informed on the evolving #VCM landscape Whether you're a seasoned professional or new to the #VoluntaryCarbonMarket, this FAQ resource is your one-stop shop for navigating the market with confidence. ✅ 🔗Access here: https://lnkd.in/dyusba_e
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📢CCP Labelled credits are paving the way to a VCM2.0. Issuing the first approvals for carbon-crediting methodologies that adhere to our science-based Core Carbon Principles (CCPs) is a significant step towards building a high-integrity #CarbonMarket that scales. ✅ CCP-Eligible programs can now issue CCP-Labelled credits under the CCP-Approved methodologies. This is crucial towards mobilising new and additional private investment into #ClimateSolutions, removing billions of tonnes of emissions that would otherwise not be viable. 🌿 The ICVCM remains committed to ongoing assessments of programs and methodologies at the beginning of a new high-integrity future for the #VoluntaryCarbonMarket. 🔗 https://lnkd.in/etBY-P4S
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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
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As we continue to assess carbon crediting programs and categories, we've compiled a comprehensive list of Market-Oriented FAQs specifically designed for market practitioners. ✅ The resource includes answers to topics such as: 💡Understanding CCP eligibility and CCP-Approved Categories 💡Understanding our science-based Assessment Process 💡Navigating the CCP label and its significance 💡Staying Informed on the evolving #VCM landscape Whether you're a seasoned professional or new to the #VoluntaryCarbonMarket, our FAQs are a one-stop shop for navigating the market with confidence. ✅ 🔗Access here: https://lnkd.in/dyusba_e
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🌍 On this International Day of the world's Indigenous Peoples, the Integrity Council for the Voluntary Carbon Market (ICVCM) would like to acknowledge the invaluable contributions of Indigenous Peoples to global climate action. As significant defenders and stewards of our natural carbon sinks, Indigenous Peoples must be recognised as key partners in the road towards building a #VCM 2.0.🌿 To elevate and enforce their rights within the #VoluntaryCarbonMarket, led by their interests, values, principles, and vision, the Integrity Council recently announced the launch of the self-led Indigenous Peoples and local communities (IPs and LCs) Voluntary Carbon Market Engagement Forum. 🤝 “We need Indigenous People to be more involved in the process of crafting what high integrity looks like in every market. We’re doing this through helping to set up the Indigenous People and Local Communities Forum for the voluntary carbon market.” says Jennifer Tauli Corpuz, ICVCM Board Member and Senior Global Policy and Advocacy Lead at Nia Tero Foundation. The independent, self-led Forum represents a pivotal step in ensuring that Indigenous Peoples have a strong and influential voice in creating a high-integrity voluntary carbon market that upholds and promotes their rights and interests. 🌱 Through fostering collaboration, and empowering communities, the Forum aims to develop a carbon market that delivers tangible benefits to Indigenous Peoples while contributing to global climate goals.📈 🔗 Learn more about our work: https://lnkd.in/ecHhVEU8 #IndigenousPeoplesDay
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The Integrity Council for the Voluntary Carbon Market (ICVCM) remains steadfast in its mission to enhance the credibility and impact of the #VoluntaryCarbonMarket. 🌱 We recently announced our Board’s decision that carbon credits from projects designed using eight existing renewable energy methodologies will not receive our high-integrity CCP® (Core Carbon Principles) label. ❌ This decision underscores our mission to create a transparent and accountable #VoluntaryCarbonMarket (VCM).🌿 ‘Renewable energy is crucial for global decarbonisation and plays a critical role in the transition to net-zero. We need to modernise the design of these carbon projects, which carbon-crediting programs can and should do. New, more robust methodologies would unlock finance for a new wave of renewable energy projects in places where they are most needed.’ said our Board Chair Annette Nazareth. The Integrity Council is committed to raising the bar for #CarbonCredits. ‘We are taking the tough decisions necessary to build trust in the voluntary carbon market and maximise its potential to fund climate solutions and channel finance to the Global South. All participants will benefit over time, as CCP-labelled credits unlock greater investment flows, drive innovation, and shape the development of a high-integrity market.’ shared the Integrity Council’s CEO, Amy Merrill. 📈 Our science led ‘two-tick’ process is paving the way towards #VCM 2.0, a market that upholds credibility and integrity. CCP-labelled credits guarantee the removal or reduction of one tonne of emissions per credit, while also scaling up private sector finance for high-quality projects to reduce emissions and remove carbon from the atmosphere. ✅ 🔗Read the full press release here: https://lnkd.in/eERpiK25