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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.

Verra suspends account following Brazil greenwashing investigation

Verra has taken the "extraordinary action" of temporarily suspending an account as Brazil's Operation Greenwashing alleged a criminal organisation was suspected of selling BRL180 million ($33.6 million) in carbon credits.

Carbon finance needs greater transition considerations, says former Verra CEO

Using carbon finance as an enabler for the transition will improve market credibility and the value of carbon offsets, former Verra chief executive David Antonioli has told Environmental Finance.

VCM down 61% in 2023 as controversy remains

The volume and value of transactions in the voluntary carbon market was down by 61% in 2023 compared with the year before, reports Ecosystem Marketplace, as questions over its integrity were raised.

Verra releases new REDD+ methodology

Verra has released an updated version of its Reducing Emissions from Deforestation and Forest Degradation (REDD+) methodology, following major criticism of the previous iteration.

South Pole walks away from voluntary carbon project

Natural Capital Investment Americas 2023: TNFD and biodiversity COP 'signals' to Verra to certify biodiversity credits

Growing demand from project developers and the rise of a nature-related disclosure framework means there are now "enough signals" for Verra to address biodiversity by developing a crediting methodology, an Environmental Finance conference has heard.

Verra launches social development asset methodology