Verra Completes Third-Party Crypto Instruments and Token Consultation

Verra has concluded its consultation on a proposed approach to third-party crypto instruments and tokens and has published a summary of the comments it received.

Verra recognizes the potential opportunities that crypto instruments and tokens can provide for environmental and social markets, as well as the improved channeling of finance to support emission reduction and removal projects that supply these markets. However, we are aware of the risks that such instruments may pose.

The public feedback has been extremely helpful as Verra works to finalize our approach to third-party crypto instruments and tokens.

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