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Verra CEO resigns after 15 years, president appointed in February set to take over

Jovi Ho
Jovi Ho • 3 min read
Verra CEO resigns after 15 years, president appointed in February set to take over
Verra came into focus earlier this year after The Guardian published its investigative piece in January, which alleged that “more than 90%” of rainforest carbon offsets by Verra are “worthless”. Photo: Bloomberg
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The founding chief executive of the world’s largest carbon credit certifier has announced his resignation, four months after British daily The Guardian published an exposé alleging that the company developed inaccurate methodology and overstated emissions reductions.

David Antonioli will leave the Washington-based Verra on June 16, according to a May 23 post on his LinkedIn page. “I am writing to let you know that after nearly 15 fantastic years as the CEO of Verra, I have decided to step down. I am immensely proud of what Verra has accomplished and of the incredible team that has made it the world’s leading standard-setter for climate action and sustainable development.”

Antonioli has not yet revealed his next role.

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