The ICVCM’s CCP-labelled REDD+ methodologies
The ICVCM has approved three REDD+ methodologies. Announced in November 2024, this paves the way for CCP-labelled REDD+ credits which are expected to be issued in 2025. The following methodologies have been approved: (ART) The REDD+ Environmental Excellence Standard (TREES) v2.0, TREES Crediting Level; (VCS) VM0048 Reducing Emissions from Deforestation and Forest Degradation v1.0; and
(VCS) Jurisdictional and Nested REDD+ (JNR) Framework v4.1. Millions of REDD+ carbon credits could be issued from these methodologies.