ICVCM Annual Review 2023-2024
Building integrity in the voluntary carbon market to accelerate global climate action
We are excited to present the Integrity Council’s Annual Review for the period of April 2023 to March 2024.
This report highlights our continued efforts to build integrity in the voluntary carbon market, setting the global standard for high-quality carbon credits. Through our Core Carbon Principles (CCPs) and rigorous Assessment Framework, we are unlocking the private finance needed for impactful climate solutions that benefit people and the planet.
The report details our achievements, key milestones, and our collaborative work with governments, regulators, Indigenous Peoples, and/or local communities. We also showcase the progress of our Continuous Improvement Work Programmes, which are helping to ensure the voluntary carbon market evolves to meet the challenges of the future.
Annual Review 2023-24
(Covering period 1 April 2023 – 31 March 2024).
(File size: 3MB)
Financial Statements
In addition to our annual review, we have also published the ICVCM Limited Annual Report & Accounts, covering our first financial period from 2 November 2021 to 31 March 2023.
(File size: 1.5MB)
Key highlights from the 2023-2024 review
1.
Launch of the Core Carbon Principles (CCPs): Establishing the first independent global standard for high-integrity carbon credits in March 2023
2.
Program assessments: Major carbon-crediting programs such as ACR, Climate Action Reserve, and Gold Standard assessed as CCP-Eligible.
3.
Indigenous people’s engagement: Creating the Indigenous Peoples and local communities voluntary carbon market Engagement Forum.
3.
COP28 impact: Key endorsements from governments and regulators, acknowledging the CCPs importance in scaling climate finance.
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