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.

About the Programme

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.

Participation requires an annual independent audit to assure compliance to the ICROA Code of Best Practice, and ICROA Approved organisations may use the ICROA Approved Label.

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.

ICROA Approval Programme Guide

Approval process

* an additional due diligence check will be included within Step 1 for any non-IETA member organisations applying for ICROA Programme Approval

ICROA Code of Best Practice

ICROA Code