Verra

?? Verra staff looks forward to attending the fifth meeting of the Intergovernmental Negotiating Committee (INC-5) (external) to develop an international legally binding instrument to curb plastic pollution. The session will take place in Busan, Republic of Korea, from November 25 to December 1. Verra will be attending as accredited observer to the United Nations Environment Programme. ?? Verra’s Plastic Waste Reduction Program (Plastic Program) can help advance various treaty objectives including through supporting inclusive Extended Producer Responsibility (EPR) systems. ?? On Sunday, November 24, Komal Sinha, senior director, plastics and sustainable development policy and markets at Verra, will join a roundtable that will examine Extended Producer Responsibility and other financial levers as policy measures to bridge the affordability gap and create imperatives to improve collection and recycling rates. The session will be hosted by the Alliance to End Plastic Waste. Read the full announcement: https://bit.ly/4hZyfnu #Verra #StandardsMatter #PlasticPollution #PlasticWaste #CircularEconomy

?? Verra has launched a secondary tier of projects to pilot its new?Scope 3 Standard (S3S) Program and to adapt an additional three VCS Program methodologies. These projects represent a special category of pilot projects, “discovery pilots,” that will operate more autonomously to feed back into the S3S Program design. ?? The inclusion of these discovery pilots will expand the diversity of sectors (to include finance and forestry), locations (to include South America), as well as different project types and models in which the S3S Program is tested and refined, ultimately leading to a more robust and broadly applicable program. ?? Truterra, LLC will be adapting and piloting VM0041 Methodology for the Reduction of Enteric Methane Emissions from Ruminants through the Use of Feed Ingredients, v2.0 ??Rabobank will be adapting and piloting VM0047 Afforestation, Reforestation, and Revegetation, v1.0 ??American Forest Foundation will be adapting and piloting VM0045 Methodology for Improved Forest Management Using Dynamic Matched Baselines from National Forest Inventories, v1.1 Read the full announcement: https://bit.ly/3OjvTSH #Scope3 #CarbonMarkets #ClimateAction #StandardsMatter #Verra

? Let’s explore the incredible impact of the Deekali Plastic Recovery Project! The first project in Africa to be registered with Verra’s Plastic Program and developed by Africa Carbon & Commodities, this project illustrates how the finance from Plastic Credits can help scale plastic waste management in a Least Developed Country while supporting local communities. This pioneering initiative works with local communities in Senegal to combat plastic pollution and improve livelihoods. Here are some key numbers that highlight the Deekali Project’s success:? ?? ?? 300+ local jobs created, fostering sustainable employment??? ?? 4,076 metric tons of plastic waste removed from the environment??? ?? 5,200 tons of plastic repurposed into valuable community resources??? ?? Over 50% of Deekali workers are women, promoting gender equity in the workforce??? ? ?? The Deekali Project stands as a beacon of hope, showing how innovative waste management can lead to a cleaner environment and improved livelihoods for collectors.? Check back for insights on how the Deekali Project operates. In the meantime, explore our additional resources.? ??Watch the film: https://lnkd.in/dDuzbnik?? ??Read the case study: https://lnkd.in/d5Mn3-TY #Deekali #PlasticWaste #ClimateAction #SustainableDevelopment #CommunityImpact?

?? “Without our presence, the waste would have overflowed onto the road and into the streets. Now, many have embraced collecting plastic waste instead of burning it.” – Khassim Diagne, Plastic Collector, Deekali Project? --------------------------------------------------------------------? Next week, the fifth meeting of the Intergovernmental Negotiating Committee (INC-5) (external) to develop a global plastic treaty will take place in Busan, Republic of Korea. Verra’s Plastic Waste Reduction Program (Plastic Program) can support various treaty objectives. (To learn more, see the link in the comments.) The Plastic Program has had a real demonstrated impact on the ground by catalyzing community-driven solutions that can support global efforts to tackle plastic waste.? Let’s take a look how it has impacted plastic waste management and people’s lives in Senegal.? ----------------------------------------------------------------------? ?? Khassim Diagne is a plastic collector who has dedicated himself to cleaning up the Thiès landfill in Senegal for nearly 15 years.? Khassim’s efforts are integral to the Deekali Plastic Recovery Project which aims to restore Senegal’s natural beauty while providing new opportunities for its people.? Deekali, means "to give a second life" in Wolof – and it captures the project’s impact as the project has become a vital initiative in the fight against plastic pollution.? Developed by Africa Carbon & Commodities and certified through Verra’s Plastic Waste Reduction Program, it empowers community members to collect and recycle plastic waste. So far, the Deekali Project has successfully removed 4,076 metric tons of plastic waste from the environment, with 5,200 tons repurposed. This initiative not only bolsters the community's economy but also fosters a cleaner environment. Stay tuned for more Deekali highlights in the coming days! To learn more about this revolutionary project, check out our resources below. ?? Read the case study: https://lnkd.in/d5Mn3-TY ?? Watch the film: https://lnkd.in/dDuzbnik #Deekali #PlasticWaste #ClimateAction #SustainableDevelopment #CommunityImpact?#CircularEconomy?

In a new, insightful Amazon Science blog, Kyle S Hemes, carbon neutralization science lead at Amazon, and Jamey Mulligan, head of carbon neutralization at Amazon, lay out how the recently-released ABACUS label in Verra's Verified Carbon Standard (VCS) Program helps advance nature-based carbon removal and the integrity of restoration projects in the voluntary carbon market. Developed in collaboration with leading carbon scientists, the ABACUS label reflects rigorous standards in transparency, durability, and restoration quality—empowering buyers to invest in impactful projects. Learn how ABACUS is elevating climate action, restoration, and food production: https://lnkd.in/ep4eztRe #StandardsMatter #CarbonMarkets #CarbonCredits #ClimateAction

Pilot projects such as that of Bayer | Crop Science play an incredibly important role in the development of Verra's Scope 3 Standard Program by adapting methodologies and testing the guidance, rules and requirements. The learnings from these pilots will inform the development of a robust and rigorous program that enables the credible accounting for and reporting on value chain interventions. #Scope3 #ClimateAction

?? Don't forget to register! On Tuesday, November 26, at 11:00 am ET, we are holding a webinar on the new Verra Program Fee Schedule. ?? In this session, Verra staff will provide an overview of the comprehensive updated fee schedule, which lays out the fee structures and details for all Verra standards programs. The fee changes will enable Verra to do the following: ?? Maintain the operation of high-quality standards programs that are advancing critically needed climate action and sustainable development ?? Continue implementing improvements to ensure the quality and rigor of its programs ?? Further advance its digitization and digitalization efforts to streamline project review processes for its stakeholders Register for the webinar: https://bit.ly/4f52as8 #Verra #StandardsMatter #ClimateAction #CarbonMarkets

?? Verra has opened a public consultation on the draft Methodology for Alternative Low-Carbon Fuels for Shipping in the Verified Carbon Standard (VCS) Program. ?? ?? The consultation will be open through December 18, 2024. ?? The proposed methodology applies to shipping activities in both territorial waters and on high seas that involve using low-carbon alternative fuels (e.g., hydrogen produced through water electrolysis, green ammonia, e-LNG, e-LPG, e-diesel, e-methanol). Eligible project activities include switching from traditional petroleum-based fuels to low-carbon alternatives, known as drop-in fuels. ?? Read more and submit feedback: https://bit.ly/3AZksMV #Verra #StandardsMatter #CarbonMarkets #CarbonCredits #ClimateAction

?? Public Comment Period Now Open! ?? Every project seeking to register in a Verra standards program undergoes a 30-day public comment period. The public comment periods for the projects listed here opened during the week of November 11. This week's listing includes projects seeking registration and/or verification in the Verified Carbon Standard (VCS) and the Climate, Community & Biodiversity Standards (CCBS) Program. The projects are located in various geographic regions, including Ireland, Vietnam, Peru, Bulgaria, South Africa, and more. They are implementing a broad range of activities, including activities related to mangrove restoration, methane avoidance in anaerobic lagoons, e-waste recycling, and sustainable dairy farming. ?? Impact Highlight: Collectively, these projects could reduce and/or remove at least 1,689,556 tCO2e annually from the atmosphere, helping to accelerate our transition to a more sustainable future. ?? Learn More: View the full list of projects open for public comment in our announcement: https://bit.ly/4hMbpzv ??? Get Involved: Share your thoughts and contribute to shaping these projects. Your feedback matters! #ClimateAction #CarbonMarkets #Verra #SustainableDevelopment #CarbonCredits #CircularEconomy Photos by Waranont(Joe) for Unsplash.com

?? The Value Change Initiative (VCI) has been working closely with the private sector to tackle the challenges of Scope 3 emissions. Recently, VCI published an open letter to inform discussions at COP29 in Baku, Azerbaijan, and support the submission of new Nationally Determined Contributions (NDCs) by 2025, ahead of COP30, Brazil.? Verra welcomes the initiative of the Value Change Initiative to draft this letter. Removing #Scope3 emissions must be a priority and be addressed in the COP29 negotiations as well as countries’ upcoming NDC submissions. (Please note, the contents of this letter may not reflect the individual views of all VCI members.) https://lnkd.in/eWTJseXi #CarbonMarkets #ClimateAction