The Latest Breaking News from Verra

In early 2023, the Guardian published an article suggesting that more than 90% of rainforest carbon offsets are worthless. These credits are essentially a promise to protect forests and can be bought as a way to “offset” emissions elsewhere. Verra, the largest certifier of these offset credits, said the claims…

Many credits in the voluntary market going unused, with study finding some offsetting could make global heating worse

New guidance says carbon credits should only be used to contribute to climate mitigation

Investigation finds 93% of fossil fuel company’s climate pledge offsets are worthless. Plus, the truth about booze: how alcohol really affects your body

Exclusive: investigation finds energy giant’s efforts to offset its huge emissions rely on schemes with little impact

David Antonioli to step down from Verra, which was accused of approving millions of worthless offsets used by major companies

Editorial: The industry has not delivered what it promised, and critics are right to be sceptical

Expert analysis and reporting by The Associated Press raises doubts about whether a program to sell carbon credits in Peru’s Cordillera Azul National Park is delivering on its promise to balance out emissions by the companies buying the credits

Expert analysis and reporting by The Associated Press raises doubts about whether a program to sell carbon credits in Peru's Cordillera Azul National Park is delivering on its promise to balance out emissions by the companies buying the credits

‘Carbon neutral’ claims are often based on credits certified by Verra – and investigation has suggested many are worthless

Verra will phase out programme by mid-2025 after Guardian investigation found it was flawed