Monday
October 28
2024

Verra Cancels 5 Million Overissued Credits Linked to C-Quest Capital

Today Verra, the nonprofit that serves as the leading standards setter for the voluntary carbon market, announced its completion of the quality control reviews of 22 of the 26* cookstove projects that were developed by C-Quest Capital (CQC Impact Investors LLC or one of its affiliates, collectively “CQC”) as well as the compensation requirements for the Verified Carbon Units (VCUs) issued by these projects. Verra had launched these reviews on June 27, 2024.

Photo courtesy of Kristian Niemi.

Source: Verra (link opens in a new window)

Tags
clean cooking, climate change, decarbonization, nonprofits