Verra Launches Scope 3 Standard Program, a Comprehensive Framework for Verifying Value Chain Climate Action Projects

Verra has launched its Scope 3 Standard Program to quantify, verify and certify emission reductions and removals from projects within corporate value chains. The framework introduces Scope 3 Units, each representing one tonne of carbon dioxide equivalent reduced or removed. Its first phase allows projects covering improved agricultural land management and low-carbon concrete production to be listed on the Verra Registry. Registration, verification and unit issuance will follow in later stages, while additional methodologies covering forestry, industrial fuels, short-lived climate pollutants and refrigeration are planned as the program expands.
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