VERRA is a global nonprofit organization responsible for developing and managing sustainability standards, including carbon trading and carbon offset projects. In the field of carbon neutrality, VERRA is best known for its Verified Carbon Standard (VCS). The VCS is used to verify and approve carbon offset projects, ensuring that the emissions reductions, avoidance, or absorption achieved by these projects are real, quantifiable, verifiable, and adhere to best environmental and social practices. Carbon offset projects approved through the VCS can generate carbon credits, which can be purchased by businesses or individuals to offset their carbon emissions, thus achieving their carbon neutrality goals.