Market
CCP
Also known as: Core Carbon Principles, CCP-eligible
TL;DR
ICVCM's ten high-level principles defining a high-integrity carbon credit — assessed methodology-by-methodology, with category-level eligibility labels.
Full explainer
CCP — Core Carbon Principles — are the ten high-level principles ICVCM uses to assess voluntary-market methodologies for high-integrity carbon crediting. The principles span effective governance, tracking and registry function, transparency, robust independent third-party validation/verification, additionality, permanence, robust quantification of emissions reductions, no double counting, sustainable development benefits, and contribution to net-zero transition.
ICVCM assesses methodologies (not individual projects) for CCP eligibility. A 'CCP-Eligible' label is granted at the category level — e.g. VM0048's avoided unplanned deforestation activity module is CCP-Eligible, but legacy VM0007 sub-modules are not. CCP-Eligible status materially impacts a credit's market value: VCMI-compliant corporate claims require CCP-Eligible credits, and integrity-conscious buyers concentrate demand into the eligible categories.
Authoritative source
ICVCM Core Carbon Principles →Related terms