The Integrity Council for the Voluntary Carbon Market (ICVCM) gave its stamp of approval to methodologies for both nature and technology-based carbon removals. The amount of credits generated by projects using such methodologies remains modest; however, adding them brings the total amount of CCP-labelled credits available to buyers to about 60 million.

Since the second quarter of 2024, the ICVCM has been systematically evaluating more than 100 methodologies across more than 30 project categories. This process is redefining which types of credits are viewed as legitimate by corporate buyers, traders, and regulators – see our last analysis about ICVCM’s verdict on afforestation/reforestation projects here.