Can carbon credits issued before the emission cuts happen carry the Core Carbon Principles (CCP) label?
No. The Integrity Council for the Voluntary Carbon Market (ICVCM) says credits issued ex-ante are not CCP-eligible; only credits issued ex-post, after independent verification of the reductions, may qualify. A program that issues both must be able to identify the ex-ante units.
What the framework says
Assessment Framework table 5.3 says carbon credits that are issued ex-ante are not CCP-eligible. Where a carbon-crediting program supports both ex-ante and ex-post issuance, it shall have procedures in place to transparently identify units that are issued ex-ante and are thus ineligible under the ICVCM.
The summary for decision makers says the same in plain terms: reductions or removals are verified ex-post, and where a program also issues credits ex-ante, only credits issued ex-post may be eligible for CCP-Approval.
What ex-post means here
The definitions describe verification as periodic independent, third-party ex-post evaluation by a validation and verification body of requests to issue credits. Vintage is the calendar year in which the reduction took place, and programs may issue credits after the vintage year because verification comes after the reductions.
What to check in a forward deal
- Ask whether the units you will receive are issued after verification of reductions that have already happened.
- Ask the program's registry or the seller to confirm in writing that none of the units are marked as issued ex-ante.
- Our reading: a contract to buy future credits is not itself issuance. The test is when the program issues the unit, so a forward contract can still end in an ex-post unit.
- Keep the contract and the issuance record together so the label claim can be traced.
What Senseible does here
Senseible reads fuel invoices and electricity bills into monthly records, which gives a project its own fuel and power history. Credits are issued by the program's registry and checked by an independent verifier, not by Senseible's own check.
- Carbon credit offtake agreement
- The ten Core Carbon Principles and how to check the label
- What to check before buying a carbon credit
- How a Verra project gets the CCP label
Sources: Integrity Council for the Voluntary Carbon Market, Core Carbon Principles Assessment Framework, Section 4, January 2024, version 1.1 (criterion 5.3), Integrity Council for the Voluntary Carbon Market, Core Carbon Principles Summary for Decision Makers, Section 3, January 2024, version 1.1 (robust quantification), Integrity Council for the Voluntary Carbon Market, Core Carbon Principles Definitions, Section 5, January 2024, version 1.1
Last reviewed 2026-11-05. Based on Assessment Framework version 1.1 (January 2024). The Integrity Council's August 2026 rule architecture says Interpretations and Technical Notices may affect how criteria are assessed, so check icvcm.org for any in effect before you rely on a detail.