Earthood Services Pvt. Ltd

In 2023, a Guardian/Die Zeit investigation and the West et al. paper in Science put REDD+ credibility on trial. The charge was straightforward: project-level baselines were inflating deforestation estimates and, with them, credit volumes. Verra's answer was VM0048, a complete methodological reset launched on 27 November 2023. VM0048 replaced the legacy family of REDD+ methodologies, including VM0006, VM0009, VM0015, and VM0037, with a single consolidated approach. The core shift is significant. Baselines are no longer set by individual projects. They're set at the jurisdictional level, using independently produced deforestation risk maps. For anyone involved in REDD+ verification or nature-based solutions crediting, this changes practically everything about how forest carbon projects are developed, validated, and verified. Here's what the new architecture looks like in practice. How VM0048 Works: Jurisdictional Baselines in Practice Under VM0048, activity data and deforesta...

  Latin America's largest economy just built a regulated carbon market from scratch. President Lula signed Federal Law No. 15,042/2024 on 12 December 2024, establishing the Brazilian Emissions Trading System, known as the SBCE. It's the most significant carbon market launch in the region since Mexico's pilot ETS, and it's moving fast. The SBCE applies to activities and installations emitting over 10,000 tCO2e per year, with mandatory compliance kicking in for entities above 25,000 tCO2e [1]. Agricultural indirect emissions are excluded, a deliberate carve-out for Brazil's most politically sensitive export sector. Phase II, covering MRV operationalisation, runs until December 2026. If you're a project developer or a VVB working in Latin American carbon markets, this is the framework that will define your next decade. Here's what Brazil SBCE verification looks like in practice, and what you need to prepare before the first deadlines land. The Four-Phase Implem...