Cloverly partners with BeZero Carbon to provide carbon credit ratings and independent quality assessments so buyers can act with confidence.
In a rapidly evolving Voluntary Carbon Market, ensuring quality of carbon credits available has become crucial to ensure that we have the impact that we set out to have. As a company that is focused on providing carbon credits of the highest quality to our customers, we are excited to announce our partnership with BeZero Carbon.
How will Cloverly use BeZero Carbon Ratings?
BeZero ratings provide a snapshot of a carbon offset project's risk and quality. The BeZero rating system concisely categorizes and summarizes the most important aspects of a carbon offset project's risk and performance in an easily digestible and comparable manner. Our customers can now use these independent ratings to comprehend different aspects of the project they are choosing like additionality, permanence and leakage and have greater confidence in the impact of their carbon credit purchases.
The BeZero Carbon Rating will provide ratings for several projects in Cloverly’s portfolio covering multiple project types. The partnership will leverage the API infrastructure of both companies to display the BeZero Carbon Rating of different carbon projects on Cloverly’s integrated marketplace.
On the partnership, our CEO, Jason Rubottom, shared:
"As a technology-first solution for carbon credits, quality of carbon offset projects can be difficult to articulate in a comparable manner which is important to us to build an efficient marketplace in the Voluntary Carbon Markets. BeZero’s independent ratings provides a snapshot of a carbon offset project's risk and quality that helps Cloverly identify the best projects for our customers. Their breadth of coverage, easily digestible ratings scales, and technology-first platform provide us with the data that supports our exemplary in-house approach to project quality. "
Tommy Ricketts, CEO and co-founder of BeZero Carbon, said:
“We’re delighted to work with Cloverly to bring our ratings to their customers, and are pleased to work with a partner who wants to help their users make more informed decisions when navigating the voluntary carbon market. Our vision is to help the Voluntary Carbon Market prosper by building transparent, useful information infrastructure. Enabling the free circulation of information and risk-based carbon credit ratings is essential to helping everyone price and manage risk.”
Watch out this space for more updates.
Watch out this space for more updates.