The ICROA Programme
The ICROA Programme approves best practice in greenhouse gas (GHG) emissions quantification, science-aligned reductions, and the use of high-quality carbon credits.
The Programme is open to voluntary carbon market (VCM) service providers who promote the highest standards of environmental integrity in support of the Paris Agreement goals.
Terms & Conditions
ICROA Programme Eligibility Criteria
- The VCM organisation is committed to reducing its own GHG emissions and striving for a science-aligned reduction pathway aligned to the Paris Agreement goals.
- The VCM organisation has been in the business of providing offsetting services and has been actively trading in the VCM for at least one full year.
- The VCM organisation actively sells a service to retire ICROA-compliant carbon credits on behalf of corporates and/or individuals, for the purpose of voluntarily offsetting their carbon emissions.
- The VCM organisation is committed to achieving large absolute reductions across its client base and promoting alignment to the Paris Agreement goals.
- The minimum volume sold or retired annually by the organisation must be at least 10,000 tonnes of CO2
- The VCM organisation’s minimum annual financial turnover must be $100,000 or the local currency equivalent.
- The VCM organisation must disclose to the ICROA Secretariat any pending or ongoing litigation involving a member of IETA or another market participant.
- In applying for ICROA Approval, the applicant organisation agrees to undergo an annual audit by a third-party independent auditor to demonstrate compliance with the Code of Best Practice.
- The VCM organisation agrees to the Terms and Conditions of the Programme.
Please see the webpage on the Code of Best Practice for more details.
DOWNLOAD THE CODE
Approval Process:
For a detailed overview of the entire process, please see the Programme Guide. You can find a visual representation of the process in Appendix 1.
DOWNLOAD THE PROGRAMME GUIDE
Step 1. Expression of Interest [only for non-IETA Members] or Contact daprile@ieta.org
FILL IN THE FORM HERE
Step 2. Fee Payment
DOWNLOAD THE FEE SCHEDULE
Step 3. Application
DOWNLOAD A SAMPLE APPLICATION
Step 4. Third Party Audit
DOWNLOAD A SAMPLE AUDIT FORM