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5.0 ISO 9001:2015

Governance

The ICR Program is administered and guided by ICR, leveraging the collective expertise and insights of the ICR Board, ICR Program Advisory Panel, its dedicated leadership and staff, various forums, and valuable stakeholder contributions obtained through active engagement.

ICR Board is responsible for setting the strategic direction of the International Carbon Registry (ICR) and actively seeks expansion opportunities while monitoring carbon market developments. It has the authority to make decisions on documentation, methodologies, and operational procedures for the ICR program, ensuring adherence to accreditation standards and environmental integrity. Additionally, the board develops and maintains the ICR registry, ensuring transparency and public accessibility of project activities and issued carbon credits.

ICR Program Advisory Panel serves as a key advisory body within the International Carbon Registry (ICR), composed of technical experts who provide guidance on the strategic direction and operational improvements of the ICR's program. Its responsibilities include reviewing and advising on establishment or revision of ICR program requirements and methodologies. The PAP operates under the selection and oversight of the ICR board, ensuring a balance of gender and regional representation among its members, who are chosen for their expertise and understanding of carbon market dynamics.

ICR Leadership is the entity responsible for the ICR Program, its development, management, and oversight. The ICR Leadership is further responsible for the registration, issuance, and transactions of ICCs.

ICR Forums function as a pivotal resource in advancing the ICR Program. Their insightful guidance is instrumental in ensuring that the program aligns with the dynamic needs of the carbon market, particularly as it expands and intensifies its contribution to climate benefits. Furthermore, the Forums are crucial in ensuring that the ICR Program incorporates appropriate rules and standards.

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Development

ICR is dedicated to ensuring that the ICR Program is continually updated and improved, reflecting the latest in scientific research, especially in the realm of greenhouse gas (GHG) emissions accounting. To this end, ICR adheres to the ISO 9001:2015 Quality Management Systems standard throughout the development and operation of the ICR Program.

For insights into the evolution of the ICR Program, you can visit our Documentation page and see older versions of the program documentation.

The latest iteration, known as ICR Version 5, was formulated through an inclusive and consultative process. The program development was initiated from feedback from project developers, methodology experts, validation and verification bodies, and various other participants active in the market and involved public consultations before its release. This collaborative approach ensures that the ICR Program is robust, relevant, and effective in meeting its objectives. The Forums are intended to provide a more transparent platform for engagement with the ICR.

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