The Integrity Council for the Voluntary Carbon Market today released its full global benchmark for high-integrity carbon credits, with the goal of maximising the ability of the voluntary carbon market to support delivery of global climate targets.

Following consultation, the Integrity Council has completed the framework it will use to assess whether carbon credits meet its high-integrity Core Carbon Principles (CCPs).

Carbon-crediting programmes can now apply for assessment by submitting evidence that they meet the CCPs through the Integrity Council’s application portal. Once approved as CCP-Eligible, programmes will be able to use the CCP label on specific categories of credits that have been approved as meeting the CCPs.

Annette Nazareth, chair, said: “The voluntary carbon market can play a key role in mobilising private capital to support the 1.5C Paris climate target. Our CCPs and assessment criteria set a global threshold for quality which aims to unlock finance at speed and scale for projects to reduce and remove billions of tonnes of emissions that would not otherwise be viable.”

The Integrity Council for the Voluntary Carbon Market (Integrity Council) is an independent governance body for the voluntary carbon market, which aims to ensure the voluntary carbon market accelerates a just transition to 1.5C. The Integrity Council aims to set and maintain a voluntary global threshold standard for quality in the voluntary carbon market

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