BioCarbon Standard has been an ICROA Endorsed Carbon Crediting Programme since 2021, reflecting a sustained recognition of the program under ICROA’s framework for carbon crediting programme integrity.
ICROA Endorsement follows an independent third-party assessment against the ICROA Endorsement Criteria. The assessment examines the integrity and robustness of carbon crediting programmes across key areas including independence, governance, registry systems, validation and verification, carbon crediting principles, environmental and social impacts, stakeholder considerations, and scale.
ICROA Endorsement identifies carbon crediting programmes that have successfully met the requirements established under the ICROA Endorsement Procedure and are eligible for inclusion in the ICROA Code of Best Practice.
BioCarbon Standard has maintained its ICROA Endorsed status since 2021, providing continued independent recognition of the program’s governance, rules, assurance systems, and market infrastructure.
Under the ICROA Code of Best Practice, ICROA Approved Organisations may transact and retire carbon credits issued by endorsed programmes, including Verified Carbon Credits issued under BioCarbon Standard.
Program independence, management of conflicts of interest, and separation from project development activities.
Governance arrangements, responsibilities, oversight, and mechanisms supporting the integrity of program operations.
Systems and controls supporting the issuance, tracking, transfer, retirement, and integrity of carbon credits.
Requirements for independent validation and verification and the oversight of assurance processes.
Program requirements supporting the integrity and quality of carbon credits.
Requirements addressing environmental and social risks and impacts associated with credited activities.
Processes for stakeholder engagement and consideration of affected parties.
Evidence concerning the operation and implementation of the carbon crediting programme.
ICROA Endorsement provides an important market recognition for BioCarbon Standard.
The ICROA Code of Best Practice requires ICROA Approved Organisations, when operating within its scope, to transact or retire carbon credits from ICROA Endorsed or Conditionally Endorsed Carbon Crediting Programmes.
BioCarbon Standard is included among those endorsed programmes.
