Carbon Credit Ratings: Ensuring Transparency in the Carbon Market
As the carbon market continues to grow, ensuring the quality and integrity of carbon credits is more critical than ever. Nellie Technologies’ latest Green Paper dives into the world of carbon credit ratings, explaining how these evaluations help build trust and transparency in carbon offset projects.
Carbon credits allow businesses and organisations to offset their emissions by investing in projects like reforestation, carbon capture, and renewable energy. However, the effectiveness of these projects can vary, leading to the need for independent carbon credit ratings. These ratings assess factors such as additionality, permanence, and co-benefits, ensuring that carbon credits truly contribute to emissions reduction.
The Green Paper also explores how leading agencies like BeZero, Calyx and others evaluate carbon credits using different methodologies. While no universal rating system exists, these agencies provide essential guidance for investors looking to support high-integrity carbon projects.
At Nellie Technologies, we are committed to transparency and credibility in carbon markets. Our Green Paper provides insights into how carbon credit ratings can strengthen the sector and drive climate action.
