Member firm news: ALLCOT and the ICVCM
3rd October 2022 by CMIA
Climate Markets and Investment Association (CMIA) is always happy to feature the achievements of our members, so we’re delighted to share the latest news from member firm ALLCOT. ALLCOT is a veteran project developer that offers knowledge, experience and management to greenhouse gas (GHG) emission reduction initiatives to actively combat the climate crisis under Article 6 of the Paris Agreement and aligning with the 2030 Agenda and its 17 Sustainable Development Goals (SDG).
Aiming to co-create a consistent threshold for high-quality carbon credits, ALLCOT, with its expertise on carbon markets, has submitted its inputs to The Integrity Council for the Voluntary Carbon Market (ICVCM)’s public consultation on the draft Core Carbon Principles (CCPs), Assessment Framework and Assessment Procedure.
In coalition with Carbon Markets Fairness Foundation, Conservación Internacional Colombia, and the West African Alliance on Carbon Markets and Climate Finance, ALLCOT has expressed its views on general principles that the ICVCM should revise and reflect on in order to properly foster fairness, equity, and integrity in the Voluntary Carbon Markets (VCM).
More information on their submission is available on their press release here:
The ICVCM invited to co-create a definitive and consistent threshold for high-quality carbon credits