Verra Approves First Carbon Credits Under CCS Methodology

On November 6, 2026, Verra announced that it had approved the first carbon credits under its carbon capture and storage (CCS) methodology. The decision marks a step forward for a CCS project in northern Texas and establishes a pathway for projects using the methodology to generate credits.

For CCS project developers and potential financiers, the approval provides an example of how a project can reach the credit approval stage. That may help inform assessments of whether carbon credits can support the commercial case for future projects.

The approval also signals a way for industrial emissions reduction projects to participate in the voluntary carbon market. Its wider effect on financing and deployment will depend on how the pathway is used by other projects and how market participants respond.