Story of the day · 23 Oct 2026 · 🇳🇬 Nigeria · Verra
Seplat “Tree for Life” ARR Project is listed on Verra
VM0047, Verra's restoration methodology with dynamic baselines
Seplat “Tree for Life” ARR Project in Nigeria (Verra VCS 6282) was listed on Verra. Our daily read saw it on 23 Oct 2026.
The registry lists it as “Pipeline listing requested (under validation)”.
The registry estimates 21,799 tCO2e of reductions or removals a year.
It uses VM0047 (Afforestation, Reforestation and Revegetation). VM0047 is Verra's 2023 afforestation, reforestation and revegetation methodology. Its area-based approach sets the baseline at every verification by comparing the project with satellite-matched control plots, a dynamic baseline. The methodology is approved for the CCP label by the ICVCM and eligible for CORSIA; that is the methodology's standing, not a label on this project's credits.
The methodology is on the Symbiosis Coalition's list of eligible methodologies for its request for proposals: the buyers' group founded by Google, Meta, Microsoft and Salesforce, which pledged to contract up to 20 million tonnes of nature-based removal credits by 2030. That is about the methodology, not an offer for this project.
2 other VM0047 projects in Nigeria are on Verra, none of them registered.
Project page and full history → Registry record · Methodology · Seplat Energy Plc (proponent)
Why it leads the day (Carbon.Supply ranking): VM0047, Verra's restoration methodology with dynamic baselines · Methodology eligible in the Symbiosis Coalition's buying round · VM0047 is CCP approved by the ICVCM. 12 material moves that day.
Also on 23 Oct 2026
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- 🇰🇭 AVC Biomass Power Project opens for public comment on Verra
- 🇮🇳 Beetle Regen: Scaling Low-Emission Regenerative Agriculture through Improved Agricultural… has its pipeline listing approved on Verra
- 🇨🇳 Shanxi Xiadian CMM Power Generation Project requests a new verification on Verra
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