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Avoided Conversion Of Peatlands Methodology With The Nature Conservancy Of Canada

Avoided Conversion Of Peatlands Methodology With The Nature Conservancy Of Canada

December 7, 2023

The Nature Conservancy of Canada (NCC) is working with Viresco Solutions Inc. to create a protocol for preserving peatlands. Peatlands are critical for combating the climate change crisis because they serve as massive carbon sinks; however, they are often converted for agriculture, urban development, or other land uses. Most existing carbon market rules focus on restoring ecosystems, but NCC wants to design a protocol that encourages the proactive, pre-emptive protection of peatlands. This protocol will be used in the Verra Verified Carbon Standard (VCS) Program, which is a widely used and recognized carbon crediting program. Viresco Solutions Inc. is working with NCC to help them achieve their objective of releasing this new protocol by 2025.

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๐Ÿšจ New Partnership Announcement!
The Greenhouse Gas Protocol (GHG Protocol) and the IFRS Foundation have signed an MOU to enhance alignment and interoperability in GHG emissions accounting.
https://ghgprotocol.org/blog/release-ghg-protocol-launches-official-partnership-ifrs-foundation?apcid=0065832e8941868dfb29b000

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