An independent governance body that sets and maintains quality standards for credits traded in the voluntary carbon market.
Semantic Classification
Content
- The Integrity Council for the Voluntary Carbon Market is an independent body established to set threshold standards for high-integrity carbon credits. It publishes core principles intended to give buyers confidence that credits represent genuine climate benefit.
- Its assessment framework evaluates crediting programmes and methodologies against criteria covering additionality, permanence, reliable quantification and sound governance. Programmes that meet the standard may label eligible credits accordingly.