Week of August 28 - CCP Biochar Goes Live: ICVCM's First Industrial Credits Hit Market as SBTi Forces Corporate Reviews
Description
Major integrity milestones this week as ICVCM approved its first-ever biochar and enhanced forest management methodologies for CCP labels, with Isometric immediately issuing the world's first CCP-labeled industrial biochar credits to Charm Industrial. Meanwhile, SBTi rolled out mandatory five-year target reviews affecting 11,000+ companies (227% growth in 18 months), creating new compliance pressure as expired targets get archived starting December 2025.VCMI updated its Claims Code v3.1 for EU compliance, while Verra partnered with Howden to operationalize CORSIA insurance pathways for aviation credits. With biochar CCP credits trading at $25-42 premiums and 60+ developers calling for registry complaint procedure overhauls, this week highlighted both the market's quality evolution and growing institutional friction.Essential intelligence for carbon project developers, corporate buyers, and verification bodies navigating the rapidly maturing high-integrity carbon market landscape.Tags: #CarbonMarkets #ICVCM #CCP #Biochar #SBTi #CORSIA #Sustainability #ClimateFinance #VCM