UK Voluntary Carbon Market Guide: Best Practices for Corporate Climate Action

Sam Jackson

Sam Jackson

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A picture of a wind turbine near a forest
A Sankey diagram which illustrates how Ecologi uses a multitude of different partners to analyse project quality
Third party data inputsComponents included in the assessment
ICROA endorsement Independence, governance, registry, validation, transparency, environmental and social impacts, stakeholder impacts, scale.
ICVCM CCP-EligibilityEffective governance, tracking, transparency, robust independent third-party validation and verification, robust quantification of GHG emission reductions and removals, no double counting, sustainable development benefits and safeguards.
Third party data inputsComponents included in the assessment
ICVCM CCP-EligibilityAdditionality, Permanence assessment, robust quantification and appropriate baselines, no double counting, sustainable development benefits and safeguards, contribution to net-zero transition
Third party data inputsComponents included in the assessment
VVBs, e.g. Preferred By NatureValidation: checking that the project meets the rules and requirements of the carbon standard. Verification: checking that the outcomes set out in the project design have been achieved
Ratings agencies, e.g. Sylvera, BeZero Carbon, Calyx Global, Renoster Various and extensive direct analysis from primary data. Such as carbon benefit analysis, additionality analysis, permanence analysis , co-benefits analysis, project developer integrity analysis.
Risk indices, e.g. INFORM Risk Index. Country-level risk analysis, and projections of crisis risk under different climate pathways
GIS monitoring, e.g. Earth Blox. Verification of project’s claims, and ongoing monitoring of project success over time.
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United Nations Decade on Ecosystem Restoration 2021-2030

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