The seventh wave of CCP labels: Soil Carbon and Agriculture

Here are some key takeaways from the report

• The ICVCM has approved two sustainable agriculture methodologies for CCP eligibility: Verra’s VM0042 Improved Agricultural Land Management (v2.2) and the Climate Action Reserve’s US Soil Enrichment Protocol (v1.1).

• The expansion of CCP-labelled methodologies is expected to boost market confidence in projects that use the approved methodologies. However, BeZero Carbon’s ratings highlight that CCP eligibility alone does not guarantee quality nor mitigate risk at the project level.

• BeZero’s ratings of CCP-eligible soil carbon and agriculture projects range from ‘A’ to ‘BB’, indicating that methodology labels alone do not fully capture project-specific risks.