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Verra Opens the Door to Engage Blockchain Climate Initiatives

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The Blockchain Infrastructure Carbon Offset Working Group (BICOWG) heralds leading voluntary carbon markets standards body (Verra) engagement on blockchain tokenization of its Verified Carbon Units (VCUs)

Press Release

updated: Dec 22, 2021 09:44 EST

The Blockchain Infrastructure Carbon Offset Working Group (BICOWG) applauds the Dec. 15 announcement of a Legal Due Diligence Questionnaire for Related Instruments by The Verified Carbon Standard (VERRA) — a widely accepted standard for certifying carbon emissions reductions.

“As pioneers in the crypto carbon space, it’s encouraging to see this announcement from Verra — it is truly a dream come true. I imagine we’re not far off from Verra adopting blockchain tech in a meaningful capacity,” said Joshua Bjiak, CTO at Creol. 

The move by…

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