ACRE Investment Applauds Integrity Council's Approval for GreenTrees' Carbon Credits

ACRE Investment Management has expressed its strong approval for a significant decision made by the Integrity Council for the Voluntary Carbon Market (ICVCM). This landmark decision awards Core Carbon Principle (CCP) approval to the American Carbon Registry's methodology for Afforestation and Reforestation of Degraded Lands (ARR). This milestone further affirms the validation of nearly 7.8 million carbon credits that have been issued to ACRE's GreenTrees reforestation program, showcasing the rigorous methodology that backs this initiative.

The implications of such a decision are profound. The ICVCM aims to set a voluntary global threshold standard of quality for the voluntary carbon market. This means that each carbon credit issued under this approval carries the CCP label, ensuring that buyers and stakeholders can trust that each credit represents one metric tonne of carbon removed from the atmosphere. This rigorous validation process enhances the trust and credibility of the voluntary carbon markets, positioning them as essential components in the ongoing battle against climate change.

Chandler Van Voorhis, co-founder and manager of ACRE, emphasized the importance of this decision, stating that it not only validates the intensive work that has gone into the ACR's methodology but also cements GreenTrees' role as a leader in delivering high-integrity carbon credits. ACRE's mission focuses on utilizing science-based restoration practices to elevate industry standards while benefitting communities, landholders, and the planet.

Moreover, ACRE acknowledges the substantial contributions of the American Carbon Registry (ACR) in preserving integrity, transparency, and high standards in carbon markets, reflecting a commitment that has been sustained over the years.

ACRE's ambitions go beyond just issuing carbon credits. The organization harbors a robust agenda in the southeastern United States, targeting the restoration of ecosystems across the region. Its goals include revitalizing one million acres of hardwood ecosystems in the Mississippi Delta, rehabilitating 500,000 acres of longleaf ecosystems, restoring 100,000 acres of oysters in The Chesapeake Bay, and enhancing 600,000 acres of river buffers in Virginia.

Founded in 2003, ACRE Investment Management employs advanced scientific methods and carbon measurement techniques to guarantee tangible benefits for the ecosystems and communities they serve. By managing a diverse array of natural capital assets across five platforms, ACRE taps into market leadership in various domains such as carbon removals and nutrient mitigation. Currently, they oversee 170,000 acres of land with the backing of 800 landowner clients.

For more insights into ACRE’s endeavors and to understand their impact on both the environment and local communities, you can visit their website at www.acre-investment.com or connect with them on LinkedIn. The recent developments highlight the potential for impactful climate solutions through validated carbon credits, representing a step forward in fostering resilience in environmental markets as they aim to restore the Earth's ecosystems for future generations.

Topics Environment)

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