Verra’s founding chief executive steps down
Verra, a major certification body for the voluntary carbon markets, has announced that its founding chief executive is stepping down.
Verra
‘Blood Carbon’ campaign takes on land-grabbing offset project
Survival International, a global human rights organisation, has launched its ‘Blood Carbon’ campaign against the sale of carbon credits generated in protected areas.
Top ten stories in sustainable growth – week in review
Greenwash dominated the online discourse this week, as stakeholders become increasingly concerned about the lack of transparency in many corporate commitments, and the lack of clarity on how to achieve sustainability goals.
The truth behind carbon offsetting
The voluntary carbon markets are experiencing growing pains as increasingly challenging questions are being asked about integrity and additionality. Mauro Cozzi, co-founder and chief executive of AI-driven carbon management and reporting company Emitwise, takes a closer look at what's going on.
Verra appoints new president to steer improvement drive
Verra, a major provider of standards and registry for carbon offsets, has appointed Judith Simon as its new president in the wake of a credibility scandal.
Top ten most read – week in review
One of the big discussions this week was around the fact that the UK tax regimes are driving fossil fuel companies to invest further in oil and gas rather than the transition. This was driven by news that BP has massively increased its profits and changed its transition strategy (number 5 in this week’s top story update).
Verra’s credibility crisis highlights the fragility of the carbon market
Verra, a leading standards organisation and registry for carbon offsets, has been accused of issuing credits that fail to represent genuine emissions reductions. The resulting controversy is likely to come as a major setback to the development of the voluntary carbon market.