Verra (formerly VCS)

General

Name of initiative Verra (formerly Verified Carbon Standard)
LPAA initiative No
NAZCA Initiative No
Website address www.verra.org
Related initiatives
Starting year 2007
End year
Secretariat Kate Heller, T: +1 202-470-5665, kheller@verra.org
Organisational structure The board is comprised of carbon market leaders who are actively engaged in guiding VCS development. VCS requirements are drafted in collaboration with global experts and subjected to peer review and public consultation before being approved for use by the VCS Board; for this several Steering Committee, Workin Groups etc. are in place.
Geographical coverage Global
Name of lead organisation Verra (formerly VCS)
Type of lead organisation International organisation
Location/Nationality of lead organisation United States of America

Description

Description As of today, 15 February, 2018, the Verified Carbon Standard (VCS) is changing its name to Verra. Hereby addressing the increasing demand for new and innovative standards that allow governments, the private sector, civil society and investors to track progress and drive funding towards achieving ambitious sustainable development and environmental goals.

VCS was founded by a collection of business and environmental leaders who saw a need for greater quality assurance in voluntary carbon markets. It is the world’s most widely used voluntary greenhouse gas (GHG) reduction program. In just a few short years, more than 1000 registered projects have collectively removed more than 130 million tons of emissions from the atmosphere.

Objectives Work hand-in-hand with public and private sector leaders all across the globe to lead a greenhouse gas reduction program that delivers massive emission reductions across the world. Measures:

- Providing a trusted, robust and user-friendly program that brings quality assurance to voluntary carbon markets - Pioneering innovative rules and tools that open new avenues for carbon crediting to businesses, non-profits and government entities that engage in on-the-ground climate action - Sharing knowledge and encouraging the uptake of best practice in carbon markets so that markets develop along coherent and compatible lines even as top-down regulations take shape

Activities -Providing a trusted, robust and user-friendly program that brings quality assurance to voluntary carbon markets.

-Pioneering innovative rules and tools that open new avenues for carbon crediting to businesses, non-profits and government entities that

One or two success stories achieved

Monitoring and Impacts

Function of initiative Implementation
Activity of initiative Norms and standard setting
Indicators
Goals
Comments on indicators and goals
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals
How are you tracking progress of your initiative
Available reporting

Participants

Participants Number Names
Members 3  
Companies 0
Business organisations 0
Research and educational organisations 0
Non-governmental organisations 3 Founding partners: The Climate Group (Unite Kingdom),  The International Emissions Trading Association - IETA (Belgium),  The World Business Council for Sustainable Development - WBCSD (Switzerland).
National states 0
Governmental actors 0
Regional / state / county actors 0
City / municipal actors 0
Intergovernmental organisations 0
Financial Institutions 0
Other members 0
Supporting partners 0
Number of members in the years
Have only national states as participators No


Theme

Transport Agriculture Forestry Business Financial institutions Buildings Industry Waste Cities and subnational governments Short Term Pollutants International maritime transport Energy Supply Fluorinated gases Energy efficiency Renewable energy Supply chain emission reductions Adaptation Other Resilience Innovation Energy Access and Efficiency Private Finance
Yes Yes No Yes No No Yes Yes No No No Yes Yes No Yes Yes No No No No No No
Last update: 27 August 2019 09:49:28

Not only have national states as participators