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The Verified Carbon Standard (VCS) Program is the world’s most widely used greenhouse gas (GHG) crediting program. It drives finance toward activities that reduce and remove emissions, improve livelihoods, and protect nature. VCS projects have reduced or removed more than one billion tons of carbon and other GHG emissions from the atmosphere.
Jun 6, 2024 · Verra sets the world’s leading standards for climate action and sustainable development. Everything we do is in service of increasingly ambitious climate and sustainable development goals – and an accelerated transition to a sustainable future.
Under the VCS Program, projects are issued unique carbon credits known as Verified Carbon Units or VCUs. Each VCU represents a reduction or removal of one tonne of carbon dioxide equivalent (CO 2 e) achieved by a project.
Jan 26, 2023 · On 18 January 2023, the Guardian published an explosive article accusing Verra—the world’s premier certifier of carbon credits—of grossly overstating the emissions reductions associated with its “avoided deforestation” credits.
The Verified Carbon Standard (VCS) Program provides a global program and standard for GHG emission reduction and removal projects and programs. It uses as its core the requirements set out in ISO 14064-2:2006, ISO 14064-3:2006 and ISO 14065:2013.
The Verified Carbon Standard (VCS), formerly the Voluntary Carbon Standard, [1] is a standard for certifying carbon credits to offset emissions. [2] [3] VCS is administered by Verra, a 501 (c) (3) organization. [4] Verra is the world's biggest certifier of voluntary carbon offsets. [5]
Nov 28, 2014 · During validation and verification, Carbon Check (India) Private LTD. rigorously evaluates projects against the VCS Program rules and the applied methodologies.
Nov 23, 2021 · Voluntary carbon credit prices have surged in 2021 as demand grows among companies to offset their emissions as part of strategies to reach net-zero by 2050 or sooner, or to meet targets in other voluntary programs.
The Verified Carbon Standard is a full-fledged carbon offset program developed and run by the non-profit Verra. It focuses on GHG reduction attributes only and does not require projects to have additional environmental or social benefits.
May 25, 2022 · Six months after advising carbon traders to engage with crypto markets at their own risk, Verra announced May 25 that it will be taking a firmer stance against traders that issue crypto tokens backed by retired carbon credits.
