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Verra pledges faster project reviews despite workforce cuts

Standard setter Verra pledged to speed up its project review process, in its first update since it announced plans to cut its workforce by a quarter earlier this week.

Verra to cut 25% of workforce

Verra is to cut "roughly 25%" of its workforce, new chief executive Mandy Rambharos has announced, saying the move would allow it to focus "more intently on maintaining the rigour and integrity of our standards programmes".

Verra registers first biochar project

Verra partners with Citi to explore financial instruments

Verra to trade credits on Turkish platform

Voluntary Carbon Market Rankings 2024 announced

Environmental Finance received more than 7,000 votes across 23 separate categories for this year's Voluntary Carbon Market Rankings rankings, as readers nominated leading companies and initiatives in the sector that exhibit best practice or innovation.

Verra sanctions carbon projects for first time

Major standard setter Verra has rejected 37 carbon credit projects and sanctioned four validation bodies for the first time.

Verra launches label for 'exceptional quality' credits

Verra has launched a new label for reforestation credits deemed to be of an "exceptional quality".

Verra considering methodology swaps

If requantification is approved by Verra, then any buyer holding credits from that project would have the option to have their units also requantified under the new methodology.

Projects linked to suspended account placed on hold by Verra

Verra has placed several projects linked to a suspended account on hold pending a formal review after Brazil's Operation Greenwashing alleged a criminal organisation was suspected of selling BRL180 million ($33.6 million) in carbon credits.