On 6 August 2024, the Integrity Council for the Voluntary Carbon Market (ICVCM) announced that carbon credits issued under existing renewable energy methodologies will not be able to use its high-integrity CCP® (Core Carbon Principles) label. With these credits accounting for nearly a third of the voluntary carbon market, how will this ruling affect the renewable energy market? This week, CGSI’s ASEAN Institute of Carbon Neutrality explores the rationale for ICVCM’s decision and the impact on the carbon market.