Verra

🫕Why is the installation of clean cookstoves important for advancing climate action, and why are the voluntary carbon market and Verra's new cookstoves methodology important in this context? 🔎 Read our latest Verra Views article to find out: https://bit.ly/4gpt52e ⌚ Short on time? Here is a quick summary: 1️⃣ Installing clean cookstoves is one of the most effective and beneficial ways to deliver climate action—along with many additional benefits for local communities. Clean cooking solutions result in quick and reliable emission reductions while also greatly improving people’s lives by protecting human health, greening the environment, and boosting socioeconomic well-being (e.g., reducing the time and labor needed for cooking). 2️⃣ The implementation of clean cooking solutions depends on climate finance. The vast majority of clean cookstove users live in countries where finance to purchase and install these tools is scarce. Finance from carbon credits is the sole source of funding for many improved cookstove projects. 3️⃣ Verra’s new cookstoves methodology (VM0050) uses advanced and robust carbon accounting methods for quantifying the emission reductions from the use of clean cookstoves. Selling the carbon credits representing this impact can catalyze the needed finance for cookstove projects. VM0050 reflects best practices of project design and implementation. It addresses aspects that have recently been publicly criticized and incorporates streamlined monitoring approaches, scientifically robust methods of determining key parameters, and updated default values for various ex ante parameters. Read the full article: https://bit.ly/4gpt52e #Verra #StandardsMatter #ClimateAction #CarbonMarkets #CarbonCredits #Cookstoves

🌱 There are two weeks left to apply to Verra's Nature Framework Technical Expert Panel! 📅 The application deadline is February 28. Verra seeks ecologists, biologists, and other conservation-focused environmental experts to support the high-integrity review of projects using the Nature Framework, an asset methodology under Verra’s Sustainable Development Verified Impact Standard (SD VISta) Program. 🌳 For more information and to apply, please see our full announcement. Please note that panel members will be compensated. Read more: https://bit.ly/41AO4v7 #Verra #Biodiversity #Nature #NatureConservation #StandardsMatter

📢 Public Comment Period Now Open! 🌍 Every project seeking to register in a Verra standards program undergoes a 30-day public comment period. The public comment periods for the projects listed here opened during the week of February 3. This week's listing includes projects seeking registration and/or verification in the Verified Carbon Standard (VCS) and the Sustainable Development Verified Impact Standard (SD VISta) Programs. The projects are located in various geographic regions, including China, India, Brazil, Israel, and Senegal. They implement a wide range of activities, including landfill gas (LFG) recovery and utilization, distribution of Improved Cooking Stoves (ICS) to rural households, and providing safe drinking water to local communities in rural areas. 🌱 Impact Highlight: Collectively, these projects could reduce and/or remove at least 2,901,733 tCO2e annually from the atmosphere, helping to accelerate our transition to a more sustainable future. 🔗 Learn More: View the full list of projects that opened for public comment during the week of February 3 in our announcement: https://bit.ly/4hsDwTZ 🗣️ Get Involved: Share your thoughts and contribute to shaping these projects. Your feedback matters! #ClimateAction #CarbonMarkets #Verra #SustainableDevelopment #CarbonCredits #StandardsMatter Photo by Tsaone Lawrence Bahiti, Shutterstock.

💡 Project spotlight! 📢 “If you wish to achieve financial stability through farming, I encourage you to plant at least one acre of mahogany," says Pravin Atmaram Jadhav, a smallholder farmer in the Indian state of Maharashtra. Jadhav is part of the Mahogany Plantation in India Project, which has transformed the lives of 4,000 farmers and led to the planting of 3.1 million mahogany trees. ✅ Registered with Verra's Verified Carbon Standard Program, the project implements Afforestation, Reforestation, and Revegetation (ARR) activities. The trees remove carbon from the air, and for each tonne of carbon removed, a carbon credit is issued and sold on the global voluntary carbon market. For every carbon credit sold, the farmers receive 70% of the profit, which supplements their income. Before Mahogani Vishwa Agro Limited developed the project, smallholder farmers in many districts across India were struggling to support themselves and their families through traditional farming methods. 🌱 Now, participating farmers are able to provide for their families through practicing sustainable agroforestry across numerous small land parcels. By planting mahogany trees alongside their crops, the farmers experience increased crop yields, improved soil quality, and enhanced biodiversity preservation, among other benefits. The project also contributes to 13 of the 17 United Nations Sustainable Development Goals, working to reduce poverty, eliminate hunger, promote good health and well-being, and much more. ➡️ Learn more about this incredible project and the farmers whose lives it has changed: https://bit.ly/4hpSOc4 #Verra #ClimateChange #ClimateAction #CarbonMarkets #Agroforestry #SustainableDevelopment

🤔 Curious about what the Scope 3 partnership between SustainCERT and Verra is all about? Announced at Climate Week NYC in September 2024, this partnership is a big step forward in harmonizing the Scope 3 landscape. It brings together two leaders in this field to offer companies consistent guidance on Scope 3 accounting.  🔎 A new blog by SustainCERT provides a comprehensive overview of this initiative, including the following topics: ❓ Why is addressing Scope 3 emissions important? ❓ How does this partnership advance Scope 3 accounting solutions? ❓ Which activities does the partnership cover? ❓ What are the next steps? Read the full blog post: https://bit.ly/4aMz3J2 #Scope3 #CarbonMarkets #ClimateAction #StandardsMatter

🫕Verra has issued corrections and clarifications to Verified Carbon Standard (VCS) Methodology VM0050 Energy Efficiency and Fuel-Switch Measures in Cookstoves, v1.0. The corrections and clarifications are effective as of February 3, 2025. 📆 ➡️ These changes have been made to more closely align the methodology with the Core Carbon Principles (CCPs) assessment framework published by the Integrity Council for the Voluntary Carbon Market (ICVCM). They also increase alignment between VM0050 and the Comprehensive Lowered Emissions Assessment and Reporting (CLEAR) Methodology for Cooking Energy Transitions, which has been developed by the Clean Cooking Alliance-led Clean Cooking and Climate Consortium and which was released in December 2024. 🔎 The clarifications pertain to monitoring/measurement requirements, characterizing stove condition, and others. The correction the frequency of follow-up baseline surveys to every five years (at most) rather than two years. Read the full announcement: https://bit.ly/4jH3CUI #Verra #StandardsMatter #ClimateAction #CarbonMarkets #Cookstoves

Happy World Wetlands Day! Wetlands are vitally important ecosystems that provide countless benefits, including habitat for biodiversity, livelihood opportunities, and climate change mitigation. Yet these systems continue to be lost rapidly, due in part to insufficient financing for wetland conservation. Oftentimes, the reason is that economic incentives for draining wetlands are stronger than incentives that support the conservation of wetlands. Verra’s Verified Carbon Standard (VCS) Program includes several methodologies that projects can use to quantify the emission reductions and removals resulting from activities that conserve and restore coastal and inland wetland ecosystems. After verification and approval, Verra will issue carbon credits to projects, and projects can then sell these credits on the open market, enabling them to maintain and even further scale these activities. These methodologies not only enable the protection of critical wetland habitats, but they also show a new path forward by transforming how we value these ecosystems. By helping to make heathy wetlands valuable, these approaches contribute to building a more sustainable future. Learn more about Verra's work on wetlands: https://lnkd.in/gGY5d9z5 #Verra #CarbonMarkets #Wetlands #Biodiversity #ClimateChange #ClimateAction

🌱 Do you need help developing a Verified Carbon Standard (VCS) project using VCS Methodology VM0042 Improved Agricultural Land Management, v2.1? ➡️ Take a look at our new Frequently Asked Questions page! The FAQs provide guidance for VM0042 projects that are registered or seeking registration in the VCS Program. They cite the relevant requirements from the methodology and VCS Program rules and requirements to answer common questions from project proponents -- all for easy reference! 🔎 See the FAQs: https://bit.ly/4gaBS87 #Verra #StandardsMatter #ClimateAction #ClimateChange #CarbonMarkets

📢 Verra’s January 2025 newsletter is here! Take a look for the latest updates on Verra's ongoing work to advance climate action and sustainable development. This issue includes a brief recap of our January Stakeholder Update Webinar during which we covered the following: 📃 The impact of our risk-based approach to project reviews, which has reduced review times 💻 Progress on our digitalization initiative, including the release of new digitalized methodologies and tools 🌳 The publication of provisional allocated deforestation risk maps, a key component of implementing our REDD methodology ✈️ The availability of our new CORSIA label guidance document If you missed the live event, don’t worry! You can access the slide deck and recording, as well as register for upcoming quarterly webinars (link in the newsletter). 📖 Read the full newsletter for more details, including program updates, new resources, and upcoming events. #Newsletter #ClimateAction #SustainableDevelopment #CarbonMarkets #Innovation #Verra #StandardsMatter #CircularEconomy

📢 Last chance to provide feedback on proposed updates to Verra's Methodology Development and Review Process (MDRP)! The public consultation is open through January 31. 🔎 The MDRP sets out procedures and rules for developing and reviewing new and existing methodologies in the Verified Carbon Standard (VCS) Program. The proposed updates to the MDRP aim to accelerate methodology and project development and climate action by improving process efficiencies and shortening development timelines. ➡️ Learn more: https://bit.ly/3AZksMV #Verra #StandardsMatter #CarbonCredits #ClimateAction #CarbonMarkets