The lack of a universally accepted and in-depth definition of carbon credit quality is a fundamental issue for the carbon market, as market actors increasingly treat carbon credits with caution. Carbon credit rating agencies aim to address this lack of standardisation by distinguishing between robust carbon credits and those not delivering on their promises. The agencies claim to increase transparency, mitigate reputational risk and enable fair pricing. In our latest report, developed in collaboration with our friends at CMW, we dive into the approaches of four carbon credit rating agencies to discover key similarities and differences. Based on this, we provide recommendations on the way forward to more transparency and integrity for carbon credit ratings.

Read the full report here.