🌟 Exciting News for #CarbonMarkets 🌟 #Verra's Afforestation, Reforestation, and Revegetation (ARR) Methodology has officially been approved by the Integrity Council for the Voluntary Carbon Market (ICVCM)! This is a significant milestone that validates the quality and integrity of these projects in the rapidly evolving #VCM. 🌳 Why this matters now: * The carbon market is transforming at an unprecedented pace, driven by the urgent need for high integrity Natural Climate Solutions (#NCS) * This approval will boost confidence for investors and buyers in NCS, hopefully counteracting some of the negative media attention and boosting demand * It’s thrilling to witness and contribute to these changes firsthand. INTEGRITY GLOBAL PARTNERS INC is helping shape up projects globally to ensure they deliver the highest level of positive benefits for the climate, environment and local communities. Kudos to the teams at #Verra and #ICVCM for their efforts in making this possible. This milestone underscores the exciting momentum in the sector—proving that high-quality, nature-based solutions can be central to achieving global climate goals. 🌍 More on the announcement here: https://lnkd.in/gEGf826N #CarbonMarkets #ClimateAction #Reforestation #Sustainability #NatureBasedSolutions #NetZero
📢 The Integrity Council for the Voluntary Carbon Market (ICVCM) has officially approved VM0047, the innovative Afforestation, Reforestation, and Revegetation (ARR) methodology in the Verified Carbon Standard (VCS) Program, as meeting the requirements of the Core Carbon Principles (CCPs) Assessment Framework. 🌲 VM0047 is a key methodology to quantify carbon removals from tree planting and ecosystem restoration, using an innovative quantification approach. 🌏 With this approval, projects using VM0047 can request the CCP label for credits they generate. The ability of ARR projects to secure CCP labels underscores the robustness of VM0047, providing buyers of carbon credits with confidence that they are investing in high-impact, high-integrity projects around the world. In turn, encouraging greater investment in these initiatives will facilitate the scaling up of nature-based solutions for carbon removals. Read more: https://bit.ly/3Zp53O4 #Verra #CarbonCredits #StandardsMatter #ClimateAction #ClimateChange #NatureBasedSolutions