ICVCM approves another carbon credit standard, mangrove restoration rules as high integrity

The Integrity Council for the Voluntary Carbon Market (ICVCM) has approved another carbon credit standard and mangrove restoration methodologies as meeting its high-integrity Core Carbon Principles (CCP) requirements. The decision follows assessments covering additionality, baseline setting, permanence, leakage, and monitoring standards. The approval is expected to strengthen confidence in nature-based carbon credits, particularly blue carbon and coastal ecosystem restoration projects. Market participants say the move could increase interest in mangrove-related credits as demand grows for high-integrity carbon removals and nature-based solutions. However, scrutiny around permanence, climate risks, community impacts, and ecosystem monitoring for nature-based projects remains significant across voluntary carbon markets.
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