Verra releases details of plan to address supply bottleneck

In recent times of surging demand for high-quality carbon credits, supply has struggled to keep up. Verra, as the largest issuer of credits by volume, has been part of this struggle and has noted its prolonged processing times for project listings, project registrations and credits issuances.

To address this, Verra has set out its plan to accelerate carbon credit issuance. This includes building out dedicated accreditation and general queries teams to streamline interaction with validation/verification bodies (VVBs). Verra will also provide VVB training and support, simplify its operating procedures to ensure consistency and provide structured onboarding.

Adapted from an article in Verra.org

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