VCM first carbon credit auction

On October 25, 2022, VCM held the largest voluntary carbon market auction to date, selling more than 1 million metric tonnes of CO2 credits.

Strict criteria underpins the credit selection

A robust due diligence process ensured that the credits offered were of the highest quality and integrity, these included:

• CORSIA compliant
• Registered by the leading standard setter Verra
• Vintage of 2018+
• No credits from jurisdictions with unclear VCM legal frameworks
• With extensive DD’s on the underlying projects and developers themselves (with many being screened out despite meeting the otherwise specified criteria)