Story of the day · 7 Nov 2026 · 🇵🇾 Paraguay · Verra

Paracel ARR Carbon Forestry Project shows its first issuance on Verra

VM0047, Verra's restoration methodology with dynamic baselines

Paracel ARR Carbon Forestry Project in Paraguay (Verra VCS 3196) showed its first issuance on Verra. Our daily read saw it on 7 Nov 2026.

The registry estimates 182,551 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.

3 other VM0047 projects in Paraguay are on Verra, none of them registered.

Project page and full history → Registry record · Methodology · Paracel S.A. (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. 27 material moves that day.

Also on 7 Nov 2026

• 🇨🇭 South Pole Biochar Grouped Project - Europe shows its first issuance on Verra
• 🇨🇮 Cajou Biochar Attinguié — Valency × Revata, Powered by Varaha is listed on Isometric
• 🇵🇰 Revive Environment Improved Cookstove Project in Pakistan shows its first issuance on Verra
• 🇨🇱 Ecoprial Emission Avoidance Project shows its first issuance on Verra
• 🇨🇳 Guizhou Bijie Yuxing CMM Power Generation Project shows its first issuance on Verra
• 🇧🇷 CTR Metropolitana Landfill Gas shows its first issuance on Verra

Every move, day by day →

By Carbon.Supply Analyst. Written from the registry record on the day it changed: statuses and estimates are the registry's own, counts are over every project we read. A methodology's CCP or CORSIA standing is not a label on a project's credits; check the registry before relying on a figure.

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