The CCS+ Initiative’s first carbon accounting methodologies are now open for public consultation

Deadline: 29 July

The CCS+ Initiative launched for public consultation its first batch of carbon accounting methodologies, developed under the Verified Carbon Standard (VCS) Program. This is an important step on the journey to unlocking carbon finance for projects that reduce or remove carbon emissions, which are currently not financially viable, yet sorely needed to reach international climate goals. The consultation will be run by Verra, the leading standard-setter in the Voluntary Carbon Market. The initiative brings together 51 stakeholders to develop a comprehensive carbon accounting infrastructure for technologies that capture, utilise and store, including engineered carbon dioxide removal (CDR) technologies. The variety of approaches capturing, transporting and storing carbon that, together, could make up the industrial infrastructure of a fully-fledged carbon management economy.