We are guided by the science of climate change and the need for economy-wide decarbonisation to reach net-zero by 2050.
We advocate for offsetting as a valuable complement to Paris-aligned reduction pathways.
We believe in the critical need for carbon finance to enable urgent climate action.
We believe that proactive efforts by corporates to finance emissions reductions and removals through the carbon market should be recognised and rewarded.
Our Core Values
ICROA provides a framework for responsible corporate climate action through the Integrity in the use of carbon credits, the Quality of carbon credit supply, and delivering Impact to raise ambition:
Innovation & Access to Global Markets
ICROA delivers its objectives in 3 ways:
Through the ICROA Accreditation Programme
Based on the ICROA Code of Best Practice, the Accreditation Programme certifies best practice in GHG emissions reduction and offsetting through the use of high-quality carbon credits. The Programme is open to all organisations that offer carbon credits as well as emissions reduction and offsetting services.
As a Platform for Collaboration
Public Events & Collaborations
Open and interactive forums to advance the VCM by tackling the most pressing issues and fostering innovation (e.g. forums include hackathons, panel discussions, partnerships).
By Endorsing VCM Standards
ICROA provides a Standards Endorsement procedure to assess the rigour of Standards for inclusion in the Code of Practice. The Endorsement ensures that the Standards operate with high integrity including good governance, open access as well as robust validation and verification of carbon projects. The evaluation of Standards is conducted by third-party assessors. ICROA supports innovation in the market by providing access to international carbon markets for new Standards.
- The Committee represents the views of the Accredited organisations and provides strategic guidance to the Secretariat for the implementation and evolution of the Accreditation
- Comprises elected representatives from Accredited organisations
Code of Best Practice Task Force (Ad-hoc)
The ICROA Code of Best Practice Task Force is a sub-committee of the Accreditation Committee.
It oversees Code updates, with guidance from the lAC and approval from the Accreditation Committee.
Independent Advisory Committee (IAC)
- Without executive powers
- Provides guidance and expertise on key issues regarding the evolution of the Code and Accreditation
- Comprises market experts and representatives of NGOs and Academia