Verra to revise carbon accounting methodologies and develop new conservation protocols for REDD projects involving wetlands; public consultation starts in early 2024, with implementation expected by year end

Sample article from our Forestry & Timberland

August 18, 2023 (press release) –

To ensure the availability of high-integrity, specialized carbon accounting methodologies for REDD projects that include wetlands, Verra is undertaking work on two related methodologies:

  • Verra is revising VM0033 Methodology for Tidal Wetland and Seagrass Restoration, v2.0 to include conservation activities and to ensure that the methodology reflects the most up-to-date science, data, and technology for blue carbon ecosystems. The draft methodology will be open for public consultation in early 2024. Publication of the final methodology is expected for late 2024.
  • Verra is also launching the development of a new tropical peatlands methodology. A Request for Proposals for a consultant to develop the new methodology is now open. The development work will likely commence in Q4 of 2023.

Project proponents planning to use the forthcoming Consolidated REDD Methodology – which does not cover wetlands – will be able to use the above methodologies to account for the climate mitigation impact of wetlands activities in their project areas. Prior to the release of the two new wetlands methodologies, project proponents may use the current version of VM0007 REDD+ Methodology Framework (REDD+MF) in conjunction with the consolidated REDD methodology to account for emission reductions from wetlands activities.

To stay updated on the development of these new methodologies and other Verra news, please make sure you are subscribed to the Verra newsletter.

If you have questions about near-term methodology solutions for projects that include wetlands, please contact Liz Guinessey, Manager, Food and Blue Carbon Innovation (eguinessey@verra.org).

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo
Chelsey Quick
Chelsey Quick
- VP Client Success -

We offer built-to-order forestry & timberland coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.