The Voluntary Carbon Markets Integrity Initiative (VCMI) has released additional guidance for its Claims Code of Practice, allowing companies to make claims about their use of high-quality carbon credits. This includes a Monitoring, Reporting and Assurance (MRA) Framework, a brand for making ‘Carbon Integrity’ Claims, and a beta version of a new claim called the ‘Scope 3 Flexibility’ Claim. Companies can now make Silver, Gold, or Platinum Claims using high-quality carbon credits, demonstrating their commitment to mitigating climate change. The new guidance aims to address governance gaps, boost demand, increase climate finance, and accelerate the transition to a sustainable future.
Resource: https://www.hkgreenfinance.org/new-vcmi-guidance-released-today-for-corporate-carbon-credit-claims/