{"id":32405,"date":"2025-04-14T17:07:32","date_gmt":"2025-04-14T15:07:32","guid":{"rendered":"https:\/\/www.unidroit.org\/fifth-session-of-the-unidroit-working-group-on-the-legal-nature-of-verified-carbon-credits\/"},"modified":"2025-04-15T09:30:06","modified_gmt":"2025-04-15T07:30:06","slug":"fifth-session-of-the-unidroit-working-group-on-the-legal-nature-of-verified-carbon-credits","status":"publish","type":"post","link":"https:\/\/www.unidroit.org\/fr\/fifth-session-of-the-unidroit-working-group-on-the-legal-nature-of-verified-carbon-credits\/","title":{"rendered":"Fifth Session of the UNIDROIT Working Group on the Legal Nature of Verified Carbon Credits"},"content":{"rendered":"

The fifth session of the Working Group on the Legal Nature of Verified Carbon Credits (VCCs) was held at the seat of UNIDROIT in Rome and online from 2 to 4 April 2025. The UNIDROIT Working Group on the Legal Nature of VCCs is developing a set of Principles and Commentary to provide guidance on private law issues concerning VCCs, build confidence in VCC transactions, and foster a robust carbon market.<\/p>\n

Held in collaboration with the World Bank, the session was attended by\u00a061 participants, including representatives from international, regional, and intergovernmental organisations, as well as from the private sector and academia.<\/p>\n

With the benefit of expert presentations from the Global Carbon Market Utility (GCMU), the Climate Action Data (CAD) Trust, Mr Cameron Prell (World Bank consultant), and Professor Dominik\u00a0Skauradszun (representing the TOSCA project of the Centre for Responsible Digitality), the Working Group discussed the topics of registry interoperability and tokenisation and considered the extent of their impact on the draft instrument.<\/p>\n\n\n\n
\"\"<\/td>\n\"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The Working Group also considered revised draft Principles and Commentary. In particular, the Working Group addressed proposed changes to the provisions concerning cancellation, revocation, and reversal, as well as additional language on secured transactions.<\/p>\n

The fifth Working Group session saw considerable progress towards the finalisation of a comprehensive private law instrument setting the foundation for VCCs to be able to be treated as property. A session report will be published soon, and the sixth session of the Working Group is scheduled for September 2025. For further details on the UNIDROIT Project on the Legal Nature of VCCs, visit the\u00a0UNIDROIT website<\/a>.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The fifth session of the Working Group on the Legal Nature of Verified Carbon Credits (VCCs) was held at the seat of UNIDROIT in Rome and online from 2 to 4 April 2025. The UNIDROIT Working Group on the Legal Nature of VCCs is developing …<\/a><\/p>\n","protected":false},"author":15,"featured_media":32396,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[79,294],"tags":[],"class_list":["post-32405","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-actualites","category-credits-carbone-volontaires","odd"],"_links":{"self":[{"href":"https:\/\/www.unidroit.org\/fr\/wp-json\/wp\/v2\/posts\/32405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.unidroit.org\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.unidroit.org\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.unidroit.org\/fr\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.unidroit.org\/fr\/wp-json\/wp\/v2\/comments?post=32405"}],"version-history":[{"count":2,"href":"https:\/\/www.unidroit.org\/fr\/wp-json\/wp\/v2\/posts\/32405\/revisions"}],"predecessor-version":[{"id":32407,"href":"https:\/\/www.unidroit.org\/fr\/wp-json\/wp\/v2\/posts\/32405\/revisions\/32407"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.unidroit.org\/fr\/wp-json\/wp\/v2\/media\/32396"}],"wp:attachment":[{"href":"https:\/\/www.unidroit.org\/fr\/wp-json\/wp\/v2\/media?parent=32405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.unidroit.org\/fr\/wp-json\/wp\/v2\/categories?post=32405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.unidroit.org\/fr\/wp-json\/wp\/v2\/tags?post=32405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}