The Voluntary Carbon Markets Integrity initiative (VCMI) has announced its Early Adopters Programme (EAP) to accelerate the update of its Claims Code of Practice. The multi-stakeholder platform, which aims to drive credible, net zero-aligned participation in voluntary carbon markets (VCM), said the group is being supported by VCMI to understand requirements in the Code and how to communicate climate action plans. Companies involved in the programme include Bain & Company, Boston Consulting Group, and Natura. The programme will run between October and December of this year. VCMI’s Executive Director Mark Kenber said: “VCMs are a necessary tool in the climate fight to drive finance to emissions removal and reduction projects which would be stranded without carbon finance. For these businesses to achieve net zero, we need companies to feel they can engage with these markets confidently and that is what we are delivering at VCMI with the help of the EAP.” Additional guidance for the Claims Code of Practice will be published on 28 November.
