Summary Crisis in confidence over avoided deforestation credits stem from way baseline levels have been calculated In new appoach to be unveiled at COP28 Verra is consolidating five of the UN REDD+ methodologies into one framework Verra will provide data on jurisdiction’s deforestation activity to individual REDD projects It will also use technologies such as...Read More

Numerous recent studies have decimated the validity of the voluntary carbon market (VCM). A recent University of Cambridge-VU Amsterdam study shows a mere six percent of REDD+ offsets certified by Verra — the world’s leading carbon standard — are valid. And even more recent analyses by the Guardian and The New Yorker present mounting evidence that many offset schemes exaggerate climate benefits and underestimate potential harms. Chris Neufeld — Head...Read More