Market
VCMI
Also known as: Voluntary Carbon Markets Integrity Initiative
TL;DR
Demand-side integrity body that defines a claims code for corporates using voluntary carbon credits — the buyer-side counterpart to supply-side ICVCM.
Full explainer
VCMI — Voluntary Carbon Markets Integrity Initiative — is the demand-side governance body for the voluntary carbon market, complementing ICVCM (which sets quality criteria for the credits themselves). VCMI's Claims Code of Practice defines what corporates can credibly claim when they retire voluntary carbon credits — covering scope-1/2/3 ambition prerequisites, the share of within-value-chain abatement required, and which CCP-eligible credit types may be used.
VCMI claims tiers (Silver, Gold, Platinum) gate increasingly ambitious retirements and require ICVCM CCP-eligible credits. For Indonesian projects this matters because corporate buyers seeking VCMI-compliant claims will preferentially purchase ICVCM CCP-tagged Indonesian credits (VM0048-based or VM0033-based) over legacy VM0007 issuances. ICVCM + VCMI together are the de-facto integrity layer governing what 'high-quality' means in 2025-2026 VCM.
Authoritative source
VCMI — official site →Related terms