Archive

June 2024

Browsing

Resilient is pleased to announce the addition of Jonathan McGillivray as a partner, effective June 11, 2024. “Jonathan is a long-standing member of the Resilient team, and we are thrilled to welcome him as a partner and celebrate this significant milestone with him,” said Lisa DeMarco, Senior Partner and CEO of Resilient. “Jonathan’s addition to the partnership affirms our focus on excellence in client service and our commitment to resilient growth.” Jonathan’s practice extends to all aspects of climate change and clean energy law. He advises on a variety of mandates driven by the transition to a net-zero economy and assists our domestic and global clients on climate strategy, decarbonization initiatives, carbon finance, innovative carbon transactions (including emission reduction and carbon removal purchase agreements and sustainable fuels agreements), biodiversity transactions, and energy regulatory compliance. He also advises proponents, investors, standards, and other organizations on carbon markets investments, governance, and regulatory compliance. “I am excited to be continuing my career at Resilient as a partner,” said Jonathan McGillivray. “I’m looking forward to continuing to contribute to Resilient’s global climate and energy practice and assisting our clients navigate the transition to a net-zero economy. I want to thank my mentors and colleagues for helping me to reach this important career milestone and my family for their endless support.” About Resilient LLP Resilient LLP provides expert legal, policy, and regulatory advice and services to clients across the climate change and energy spectrum. We practice exclusively in the areas of climate change, clean energy, and related Indigenous rights. We have built a leading global climate and energy practice over two and a half decades based on strategic insights and a focus on enduring client relationships. Our mission is to facilitate the success and resilience of our clients in a changing climate. As a world-leading…

The Integrity Council for the Voluntary Carbon Market (ICVCM) today announced the first seven carbon-crediting methodologies that meet its high-integrity Core Carbon Principles (CCPs) (see our earlier bulletin on the CCPs here). The ICVCM assesses categories of carbon credit projects (methodologies and/or protocols) to determine whether they can be labelled as “CCP-Approved” and used by a “CCP-Eligible” program, which currently includes the American Carbon Registry (ACR), Architecture for REDD+ Transaction TREES, Climate Action Reserve (CAR), Gold Standard (GS), and Verra’s Verified Carbon Standard (VCS). The ICVCM noted that the CCP label can now be used on an estimated 27M carbon credits issued from the two categories of CCP-Approved methodologies. The approval of the methodologies follows the Biden-Harris Administration’s announcement last week setting out principles for high-integrity voluntary carbon markets that relied heavily on the CCPs and other carbon crediting certification standards (see our earlier bulletin here).   This bulletin sets out the approved methodologies and provides an update on the assessment of other categories of carbon credits by the ICVCM:   Approved Methodologies The ICVCM approved the following ozone depleting substances (ODS) and landfill gas (LFG) methodologies as meeting the CCP criteria and rules, enabling the respective CCP-Eligible programs to issue CCP-labelled carbon credits from eligible projects. ODS methodologies. The following ODS methodologies are CCP-Approved: ACR’s Destruction of ODS from International Sources version 1.0;  CAR’s Article 5 ODS Project Protocol versions 1-2; and CAR’s U.S. ODS Project Protocol versions 1-2.  LFG methodologies. The following LFG methodologies are CCP-Approved: the Clean Development Mechanism’s (CDM) ACM0001 – Flaring or use of Landfill Gas versions 15-19, used by Verra and GS;  CDM’s AMS iii G – Landfill Methane Recovery version 10, used by Verra and GS;  ACR’s Landfill Gas Destruction and Beneficial Use Projects version 1-2; and  CAR’s US Landfill Protocol version 6.  Ongoing assessment of methodologies through Multi-Stakeholder Working Groups (MSWG). ICVCM indicated that it continues to conduct internal and MSWG reviews of the following six…