What is the role of the IC-VCM?

What is the role of the IC-VCM?

Nancy Marshall, SVP, Marketing
 +1 484.415.7603 or

What is the role of the IC-VCM?

by: Jessica Campbell | April 19, 2023

What is the role of IC-VCM?

Boyertown, Pennsylvania (April 19, 2023) –
The Integrity Council for the Voluntary Carbon Market (IC-VCM) emerged last year as one of the recommendations of the task force on scaling the voluntary carbon markets (TSVCM). The TSVCM recognized the power of the VCM and its potential to play a more significant role in the mitigation of climate change but suggested that there needed to be increased standardization across the market to reach its full potential and achieve maximum benefit. The mandate of the IC-VCM is, therefore, to ‘build integrity and scale will follow.’ After holding a public engagement period during the latter half of 2022, the IC-VCM launched its updated Core Carbon Principles (CCPs) in March 2023.

The recent launch is considered ‘Release One’ and includes the finalized list of the 10 CCPs and the Programme-level Assessment Framework. Using the Programme-level Assessment Framework, GHG registries, and programs can now start to prepare their applications to be CCP eligible. The IC-VCM has recognized the overlap between the programme-level assessment and CORSIA’s rigorous assessment process that most programs have already undergone. Therefore, CORSIA-eligible programs will only need to demonstrate compliance with some additional criteria rather than the whole framework.

The remaining part of the Assessment Framework will determine the eligible credit categories and will be released in Q2. At that point, both the eligible programs and credit categories can be assessed. The IC-VCM has indicated that it expects decisions on which credits can be labeled CCP-compliant as early as the end of 2023.

The 10 CCPs have not changed significantly since the draft release but are now grouped into three main categories:

  1. Governance – effective governance at the credit programme-level, tracking of credits through a registry system, transparency, third-party validation, and verification
  2. Emissions Impact – additionality, permanence, robust quantification, and no double counting
  3. Sustainable Development – social and environmental safeguards, and avoid locking in technologies or practices that are incompatible with reaching net zero GHG emissions by mid-century

There will also be three voluntary attributes that a project can apply for:

  1. Host country authorization pursuant to Article 6 of the Paris Agreement
  2. Share of Proceeds for Adaptation
  3. Quantified Positive SDG Impacts 

ClimeCo is confident that the projects and registries we work with represent the highest quality in the market and are part of a market ecosystem that strives to make continuous improvements, regardless of the work of the IC-VCM. We are hopeful that the IC-VCM’s assessment will highlight the positive impact those programs and projects are having and the high standards that are already adhered to. 

Although we generally agree with the evaluation criteria for governance and emissions impact, there remains some uncertainty about how the IC-VCM will ultimately evaluate projects under category 3 – Sustainable Development. As the CCP label is a binary decision (pass/fail), we hope there is recognition of the highly variable opportunities and constraints based on a project’s geography and category, as well as the importance of supporting transition technologies today which will lead us down the path of continuous innovation.    

For more information or to discuss how ClimeCo can drive value for your organization, contact us through our website or


About the Integrity Council for the Voluntary Carbon Market

The Integrity Council for the Voluntary Carbon Market (Integrity Council) is an independent governance body for the voluntary carbon market.

They do this by setting and enforcing definitive global threshold standards, drawing on the best science and expertise available, so high-quality carbon credits channel finance towards genuine and additional greenhouse gas reductions and removals that go above and beyond what can otherwise be achieved, and contribute to climate resilient development.

For more information visit their website

About ClimeCo

ClimeCo is a respected global advisor, transaction facilitator, trader, and developer of environmental commodity market products and related solutions. We specialize in voluntary carbon, regulated carbon, renewable energy credits, plastics credits, and regional criteria pollutant trading programs. Complimenting these programs is a team of professionals skilled in providing sustainability program management solutions and developing and financing of GHG abatement and mitigation systems.

Contact us at +1, or through our website to learn more. Be sure to follow us on LinkedIn, Facebook, Instagram, and Twitter using our handle, @ClimeCo.

Aclymate Receives State Grant to Fight Climate Change

Aclymate Receives State Grant to Fight Climate Change

Sara Miranda, Director of Marketing
203.998.5331 or  

Aclymate Receives State Grant to Fight Climate Change

Guiding Small Businesses to Carbon Neutrality with Custom Carbon Accounting Software Solution

Aclymate PR Trees

Denver, Colorado (December 1, 2022) –
Aclymate, the leading climate solutions provider in the U.S. specifically designed for small businesses, is pleased to announce it has been awarded an Early-Stage Capital and Retention Grant through the Colorado Office of Economic Development and International Trade (OEDIT) Advanced Industries Accelerator program. This funding will help further the company’s mission to inspire and equip small businesses to lead on climate.

“We are honored to receive the Early-Stage Capital and Retention Grant, and look forward to providing the services our customers desperately need to participate in the climate economy, whether for investors or fulfilling supplier requirements,” said Mike Smith, CEO at Aclymate.

The Early-Stage Capital and Retention grant support businesses commercializing innovative and disruptive technologies in the advanced industries that will be created or manufactured in Colorado. These grants help promote the growth and sustainability of advanced industries across the state by driving innovation and commercialization that move this vital part of the Colorado economy forward.

Aclymate was awarded $215,000 to improve the customer experience with reduced data entry through data integration, expanded reporting functionality, and a broader scope of carbon emissions accounting.

“Across the state, companies are rethinking existing technologies and inventing new ones within the advanced industries sector. Their success will create good-paying jobs in Colorado and potentially change lives across the state and beyond. We are thrilled to be able to support their development and look forward to celebrating future accomplishments,” said Rama Haris, Advanced Industries Senior Manager at OEDIT.

To learn more about the Aclymate platform, visit

About Aclymate

Aclymate empowers small and medium-sized businesses to become Climate Leaders. With no special knowledge required, our customers can determine their emissions footprint in under 10 minutes per month, find ways to reduce their impact and offset what cannot be eliminated – all leading to our Climate Leader certification. For more information or to sign up for a free consultation, please visit our website.

About ClimeCo

ClimeCo, a respected global advisor, transaction facilitator, trader, and developer of environmental commodity market products and related solutions, is a proud partner of Aclymate. ClimeCo participates on the Board of Directors and supports Aclymate in maintaining a great selection of high-quality offset projects. In addition, this partnership provides small and medium sized businesses with an expanded suite of services, including expert ESG Advisory.