August '24
This month’s updates
This month saw the first ever AAA BeZero Carbon Rating, and the first public rating for a Direct Air Capture with Carbon Storage project .?
AAA represents our assessment that credits from this project have the highest likelihood of removing 1 tonne of CO2e. After more than 450 ratings of projects from peatlands to cookstoves, methane capture to mangrove restoration, it is the first time our Ratings Committee has unanimously assigned the highest possible rating.
As our Chief Ratings Officer, Dr. Spencer Meyer says: “Achieving an ‘AAA’ rating is a tremendously high bar to clear, and we’ve been deliberately cautious in issuing any until now. That’s why it’s hugely significant to be announcing our first in what is an indicator of genuine quality in the market.”
What does it take to rate a carbon project?
Demand for highly-rated carbon credits is on the rise, and quality is commanding a price premium . Sustainability leaders are looking for defensible climate claims. To mitigate reputational risk, a worthy BeZero Carbon Rating is becoming a common expectation for many buyers.? But what does it take to rate a carbon project? Read our explainer outlining the need for robust data and models, specialists from across disciplines, and strong governance. To see this in action, hear our forestry specialists explain how we rate ARR projects in our latest webinar replay .?
Join BeZero at Climate Week NYC! ??
Less than a month to go! Our team of experts will be in town for the Climate Group 's Climate Week NYC. With an emphasis on the urgency of climate action, strengthening carbon markets is high on the agenda. Join us to discuss carbon credits, their climate impact, and the benefits of investing in them. Check our agenda and book a meeting with our experts to learn why BeZero's unique, cross-disciplinary expertise gives companies the confidence to screen and buy impactful carbon credits. Come prepared by learning the ins and outs of carbon credits & ratings with our carbon credit explainer series .
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What we're reading
Events
Airline Economics - Global Frontiers London
9th September, London
We’re excited to take part in the Airline Economics ' Growth Frontiers conference in London. Our Lead Analytical Officer, Ronan Carr , will be taking part in the panel ‘The Carbon Project Landscape’ at 12:25pm and sharing his insights on the role of ratings in driving carbon quality.
Innovate4Climate
10th - 12th September, Berlin?
Our team will be in Berlin at Innovate4Climate (I4C), 世界银行 's annual global conference on carbon pricing and carbon markets. Building on the outcomes of COP28 and in the lead up to Climate Week NYC and COP29, Sebastien Cross , Chief Innovation Officer and Co-founder at BeZero, will be joining a panel with industry experts on building high integrity high impact carbon markets on Tuesday 10 September at 2:10pm.
Thank you for reading!?
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