ICR Expands Network with Verifit: Enhancing Carbon Market Integrity

Strengthening Carbon Market Integrity

Validation and verification are essential processes in the carbon market. They ensure that projects adhere to established criteria set by GHG programs and deliver real, measurable climate benefits. VVBs like Verifit provide independent third-party assurance, offering the competence and expertise necessary in performing quality assurance of projects and climate impacts.

Leading Validation and Verification Body in Latin America

Verifit is a leading VVB in Latin America providing independent project assessments on GHG inventories and greenhouse gas declarations. The Verifit team has more than 16 years of experience in this validation and verification, having evaluated more than 500 projects with different GHG programs, and is currently the leading VVB in Latin America.

Verifit also operates in the field of due diligence and environmental assessments, with a highly specialized team with 25 years of proven experience in more than 200 environmental assessments throughout Brazil and most Latin American countries.

Ricardo Lopes, Executive Director of Verifit, comments:

"At Verifit, we are dedicated to helping our clients expand their projects to new standards and methodologies through rigorous, independent validation and verification. Having an agreement with ICR enables us to support sustainable solutions in the voluntary carbon market, providing our clients access to the ICR network."

Sectoral Scope Covered

Verifit is accredited by Organismo Nacional de Acreditación de Colombia (ONAC) who is a member of the International Accreditation Forum. Verifit brings extensive expertise across several key areas, including:

Energy (renewable/non-renewable)
Waste handling and disposal
Afforestation and reforestation

With their sectoral knowledge and technical proficiency, Verifit will help ensure that climate projects meet stringent international requirements.

ICR Strengthens its Network in Latin America

With Verifit joining the ICR network, the capacity to deliver high-quality, validated climate projects and verified carbon credits is further enhanced. This partnership aims to increase the transparency, reliability, and overall impact of the projects registered with the ICR.

Guðmundur Sigbergsson, CEO of ICR, states:

"It is an honor to enter the LATAM market and extend ICR’s network with Verifit who has nearly two decades of experience. The collaboration with Verifit aligns with our mission to uphold the highest standards of quality and integrity in the carbon market. Their expertise allows us to support climate projects in LATAM and beyond even better now."

Learn More About Our VVB Partners

VVBs play a crucial role providing independent third party assurance of projects and impacts.
For a full list of VVBs working with ICR, visit: ICR Validation Bodies

About International Carbon Registry

Founded in 2020 and headquartered in Iceland, the International Carbon Registry (ICR) is a global leader in carbon registration and management solutions. As a pioneer in integrating public blockchain technology, ICR provides a streamlined platform that accelerates the journey of carbon projects from design to delivery via API integrations. Complying with globally recognized ISO standards, ICR simplifies the process of registering and issuing carbon credits (ICCs). The team of experts is dedicated to creating measurable impacts and helping clients achieve their sustainability goals.

About Verifit

Verifit is the only Brazilian company specializing in climate assurance and is a leader in GHG project evaluations in Latin America. With over 16 years of experience, Verifit has conducted more than 500 independent carbon assessments across numerous countries. Their expertise includes validation, verification, and certification of GHG projects, corporate inventories, and environmental assessments.

For more information, visit Verifit’s website.

Media Inquiries
For media inquiries, contact:
Alondra Silva Munoz
Chief Marketing Officer at ICR
[email protected]