The ICVCM approval of three REDD methodologies presents risks to the integrity of the initiative
Blog
12/10/2024
In November 2024, the Governing Board of the Integrity Council for the Voluntary Carbon Market (ICVCM) approved three methodologies for reducing emissions from deforestation and forest degradation (REDD). The methodologies are now eligible for issuing “high integrity” carbon credits under the Core Carbon Principles (CCPs) label of the ICVCM. We are concerned with this decision. While the methodologies have been improved compared to previous versions, in our assessment they do not meet the requirements of the ICVCM Assessment Framework. Here we explain why.
