WHAT IS ICROA?
The International Carbon Reduction and Offset Alliance (ICROA) represents the interests of service providers in promoting emissions reductions and offsetting to the highest standards of environmental integrity and in support of the Paris Agreement. ICROA provides an Accreditation Programme and supports organisations through advocacy and action-oriented activities aimed at advancing best practice in the Voluntary Carbon Market (VCM). ICROA is a non-profit initiative housed within the International Emissions Trading Association (IETA).
Mission: ICROA’s mission is to enable climate leadership of corporates and governments by developing and advancing best practices in emissions reductions and carbon offsetting ahead of and beyond regulation.
ICROA provides a framework for responsible corporate climate action through Integrity in the use of carbon credits, Quality of carbon credit supply, and delivering Impact to raise ambition:
ICROA DELIVERS ITS OBJECTIVES IN THREE WAYS:
i. THROUGH THE ICROA ACCREDITATION PROGRAMME
The ICROA Accreditation Programme defines and promotes best practice in the financing of high-quality emissions reductions and use of carbon credits as an effective carbon management tool. The Programme is open to all organisations who provide a carbon offsetting service. Participation requires membership to both IETA and an ongoing annual independent audit to assure compliance to the ICROA Code of Best Practice. ICROA Accredited organisations may use the ICROA Accreditation Label.
ii. AS A PLATFORM FOR ADVOCACY AND INNOVATION
ICROA works collaboratively with key stakeholders to develop policy positions, drive innovation and thought leadership, to enhance and safeguard the value and impact of voluntary climate action. We deliver this role through the following platforms:
iii. FACILITATING CARBON FINANCE TO COMPLEMENT COUNTRIES’ PARIS COMMITMENTS
Facilitate the needs of project developers and buyers to advance countries’ ambition to deliver the goals of the Paris Agreement.
Work with countries to facilitate delivery of their NDCs and support buyers to understand country priorities. Increase the impact of carbon finance by facilitating prioritisation and connecting buyers to countries.