The head of the world’s leading carbon credit certifier has announced he will step down as CEO next month.
- It comes amid concerns that Verra, a Washington-based nonprofit, approved tens of millions of worthless offsets that are used by major companies for climate and biodiversity commitments, according to a joint Guardian investigation earlier this year.
- In a statement on LinkedIn on Monday, Verra’s CEO, David Antonioli, said he would leave his role after 15 years leading the organization that dominates the $2bn voluntary carbon market, which has certified more than 1bn credits through its verified carbon standard (VCS).