Sylvera, a leading carbon data platform, today announces that it has launched Estimated Ratings, a new product offering access to accurate, key information on a wide range of carbon credit projects around the world.
Building on its reputation for market-leading data and insights, Sylvera is to assess thousands of new projects across project types and geographies, awarding an estimated rating. The estimated rating will appear as an anticipated range (for example, ‘A-BB’), of where Sylvera would expect the project to fall ahead of a more in-depth rating assessment when conducted.
With the addition of this new product, Sylvera’s platform covers 90% of all Afforestation, Reforestation & Revegetation (ARR) projects and more than 92% of market credits. Over 500 estimated ratings are currently available on the platform, with 1,000 expected to be rolled out by the end of the quarter.
Estimated ratings will significantly shorten the time buyers need to explore potential investments, giving them critical insights into the quality and credibility of projects before committing to more comprehensive and resource-intensive due diligence.
Sylvera expects to roll out 5,000 estimated ratings by the end of the year, greatly improving transparency in the market across a broad spectrum of projects.
Jess Roberts, VP Assessments at Sylvera, said: “Estimated Ratings is a significant moment for Sylvera and marks a new era of transparency in carbon markets. Through our industry-leading tech capabilities, we are better able to help buyers to effectively triage and identify high-quality projects, supporting the development of a more transparent and mature market.”
“Estimated Ratings will give investors unparalleled access to understanding large swathes of projects that will help inform meaningful climate action around the world.”
While Estimated Ratings seeks to empower buyers to engage early, Sylvera will continue to offer the most transparent and in-depth carbon credit ratings available in the market informed by its independent and proprietary data capabilities.