BeZero launches new tool to construct risk-adjusted and credible net zero strategies

Carbon ratings agency BeZero Carbon has launched a new risk-adjusted portfolios tool, to help customers construct credible carbon credit strategies that align with their net-zero priorities. BeZero Carbon is now the only ratings agency in the VCM to offer an end-to-end assessment of quality at any stage of a carbon credit project’s lifecycle, and across any sector. 

The tool implements BeZero’s first-of-its-kind discounting methodology. It enables customers to examine their carbon credit portfolios, and calculate how many credits of a given quality they’d need to purchase or retire to make credible tonne-based carbon offset or reduction claims. This is vital to help the VCM reach its full potential and scale – it provides end-buyers with greater confidence in the use of carbon credits in their net zero strategies, helping them better understand the over-purchasing factor needed to make quantitative carbon claims. 

This is just the latest launch from BeZero Carbon to create a full-service carbon risk toolkit capable of assessing projects from origination to retirement. Last month,  BeZero Carbon launched its Scorecard, an industry-first tool which helps buyers self-assess carbon risk, helping screen early stage and live projects they are interested in.

This followed the launch of BeZero’s first ever public ex ante rating (of a project yet to issue any credits).  With the primary carbon market attracting approximately three to five dollars for every dollar invested in the secondary market, ex ante ratings are a crucial tool to increase investor confidence and better understand project risk at the early stages of development.

Sebastien Cross, co-founder and Chief Innovation Officer at BeZero Carbon said:

“The voluntary carbon market continues to evolve rapidly and we’re proud to be providing ongoing innovation to support this. Our end-to-end toolkit enables market participants to understand and manage risk from the inception of a project to the point its credits are retired. This tool specifically helps bridge the gap between the credits on offer in the market and the tonne-based claims buyers are seeking to make.”

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