SlideShare a Scribd company logo

8th Strategic Dialogue of the CMP - Ronan Carr, BeZero Carbon

Session 2C presentation from the 8th Strategic Dialogue of the Carbon Market Platform, 23-24 October 2023

1 of 3
Download to read offline
2023 Strategic Dialogue
of the
Carbon Market Platform
2
BeZero Carbon
3
Ratings agencies reduce information asymmetries between
buyers and sellers in carbon credit markets
● Quality was traditionally seen as binary in the
VCM. A credit is or is not a tonne.
● This is too simplistic …
modelling carbon efficacy
is complex. Project types differ widely.
● A more sophisticated, risk - based approach is
needed to ensure the VCM scales, urgently.
Moving away from
binaries…
“accredited vs. non-
accredited”, “good vs.
bad”
…to a spectrum of
probabilities
A common language of risk
The BeZero Carbon rating uses a risk-
based approach to assess the likelihood
that a carbon credit reduces/ avoids a
tonne of CO2e.
Implications of carbon credit rating agencies for policymakers
BeZero Carbon
4
● Carbon credit ratings agencies, such as
BeZero Carbon, demonstrate that there is
a risk associated with all carbon credit
projects .
● Governments should utilise a risk - based
approach as no binary assessment will
guarantee quality in carbon markets .
● To help manage risk governments should
require project - level assessments .
● Managing information disclosure is
important to ensure integrity and
transparency.
● Ratings can help improve carbon credit
integrity to enable use in compliance
markets.
AAA
AA
A
D
Afforestation,
Restoration and
Reforestation
Avoided
Deforestation
Improved Forest
Management
Grasslands Peatlands Feed additives
BBB
BB
B
C
Mangroves
Ad

Recommended

GreenBiz 22: Ensuring Integrity in Carbon Markets
GreenBiz 22: Ensuring Integrity in Carbon MarketsGreenBiz 22: Ensuring Integrity in Carbon Markets
GreenBiz 22: Ensuring Integrity in Carbon MarketsJimGiles13
 
8th Strategic Dialogue of the CMP - Jane Ellis, OECD
8th Strategic Dialogue of the CMP - Jane Ellis, OECD8th Strategic Dialogue of the CMP - Jane Ellis, OECD
8th Strategic Dialogue of the CMP - Jane Ellis, OECDOECD Environment
 
presentation on voluntary carbon market.pptx
presentation on voluntary carbon market.pptxpresentation on voluntary carbon market.pptx
presentation on voluntary carbon market.pptxSahil731850
 
8th Strategic Dialogue of the CMP - Amy Merrill, C2ES (on behalf of ICVCM)
8th Strategic Dialogue of the CMP - Amy Merrill, C2ES (on behalf of ICVCM)8th Strategic Dialogue of the CMP - Amy Merrill, C2ES (on behalf of ICVCM)
8th Strategic Dialogue of the CMP - Amy Merrill, C2ES (on behalf of ICVCM)OECD Environment
 
Real Estate Lending and Sustainability: The Business Case for Risk Management...
Real Estate Lending and Sustainability: The Business Case for Risk Management...Real Estate Lending and Sustainability: The Business Case for Risk Management...
Real Estate Lending and Sustainability: The Business Case for Risk Management...GRESB
 
Sustainable Carbon Presentation
Sustainable Carbon PresentationSustainable Carbon Presentation
Sustainable Carbon Presentationkarbonkreditek
 
Tokenizing Carbon Credits A Blockchain Solution.pdf
Tokenizing Carbon Credits A Blockchain Solution.pdfTokenizing Carbon Credits A Blockchain Solution.pdf
Tokenizing Carbon Credits A Blockchain Solution.pdfProlitus Technologies
 

More Related Content

Similar to 8th Strategic Dialogue of the CMP - Ronan Carr, BeZero Carbon

Energy Savings Insurance (ESI) Programme: Milagros Herrera, Banco Estado Chil...
Energy Savings Insurance (ESI) Programme: Milagros Herrera, Banco Estado Chil...Energy Savings Insurance (ESI) Programme: Milagros Herrera, Banco Estado Chil...
Energy Savings Insurance (ESI) Programme: Milagros Herrera, Banco Estado Chil...OECD Environment
 
Commercial banks and the shift to a low carbon economy
Commercial banks and the shift to a low carbon economyCommercial banks and the shift to a low carbon economy
Commercial banks and the shift to a low carbon economyGoran Tosev
 
Carbon Credit Measurement, Reporting and Verification - Jesse Klein
Carbon Credit Measurement, Reporting and Verification - Jesse KleinCarbon Credit Measurement, Reporting and Verification - Jesse Klein
Carbon Credit Measurement, Reporting and Verification - Jesse KleinGreenBiz Group
 
Lode verstraeten kbc bank agoria presentation v15
Lode verstraeten kbc bank agoria presentation v15Lode verstraeten kbc bank agoria presentation v15
Lode verstraeten kbc bank agoria presentation v15Agoria
 
Webinar: Financing large scale integrated CCS projects
Webinar: Financing large scale integrated CCS projectsWebinar: Financing large scale integrated CCS projects
Webinar: Financing large scale integrated CCS projectsGlobal CCS Institute
 
CEF stage 2 final report Executive Summary
CEF stage 2 final report Executive SummaryCEF stage 2 final report Executive Summary
CEF stage 2 final report Executive Summarycrifcambs
 
Carbon Credit Credibility.pdf
Carbon Credit Credibility.pdfCarbon Credit Credibility.pdf
Carbon Credit Credibility.pdfCalvinWong58696
 
Opportunities and role of the quantity surveyor in green building project dev...
Opportunities and role of the quantity surveyor in green building project dev...Opportunities and role of the quantity surveyor in green building project dev...
Opportunities and role of the quantity surveyor in green building project dev...oyinleye
 
Climate Trust Capital Spotlight
Climate Trust Capital SpotlightClimate Trust Capital Spotlight
Climate Trust Capital SpotlightThe Climate Trust
 
How BMW is Utilizing Blockchain to Create Carbon Credits for EV Drivers
How BMW is Utilizing Blockchain to Create Carbon Credits for EV DriversHow BMW is Utilizing Blockchain to Create Carbon Credits for EV Drivers
How BMW is Utilizing Blockchain to Create Carbon Credits for EV DriversJill Kirkpatrick
 
Pm0010 introduction to project management
Pm0010 introduction to project managementPm0010 introduction to project management
Pm0010 introduction to project managementconsult4solutions
 
Carbon Market 2.1? Networks and the riddle of fair and ambitious climate coop...
Carbon Market 2.1? Networks and the riddle of fair and ambitious climate coop...Carbon Market 2.1? Networks and the riddle of fair and ambitious climate coop...
Carbon Market 2.1? Networks and the riddle of fair and ambitious climate coop...Alan D. Lee
 
Monitoring and Evaluation in GrowSmarter
Monitoring and Evaluation in GrowSmarterMonitoring and Evaluation in GrowSmarter
Monitoring and Evaluation in GrowSmarterGrowSmarter
 
GRBN Building Public Trust Programme - Overview - 2015 09 01
GRBN  Building Public Trust Programme  - Overview - 2015 09 01GRBN  Building Public Trust Programme  - Overview - 2015 09 01
GRBN Building Public Trust Programme - Overview - 2015 09 01Andrew Cannon
 

Similar to 8th Strategic Dialogue of the CMP - Ronan Carr, BeZero Carbon (20)

Bank 2030
Bank 2030Bank 2030
Bank 2030
 
Carbon Credits & Carbon Offsets
Carbon Credits & Carbon OffsetsCarbon Credits & Carbon Offsets
Carbon Credits & Carbon Offsets
 
Energy Savings Insurance (ESI) Programme: Milagros Herrera, Banco Estado Chil...
Energy Savings Insurance (ESI) Programme: Milagros Herrera, Banco Estado Chil...Energy Savings Insurance (ESI) Programme: Milagros Herrera, Banco Estado Chil...
Energy Savings Insurance (ESI) Programme: Milagros Herrera, Banco Estado Chil...
 
Commercial banks and the shift to a low carbon economy
Commercial banks and the shift to a low carbon economyCommercial banks and the shift to a low carbon economy
Commercial banks and the shift to a low carbon economy
 
Carbon Credit Measurement, Reporting and Verification - Jesse Klein
Carbon Credit Measurement, Reporting and Verification - Jesse KleinCarbon Credit Measurement, Reporting and Verification - Jesse Klein
Carbon Credit Measurement, Reporting and Verification - Jesse Klein
 
Carbon credits
Carbon creditsCarbon credits
Carbon credits
 
Lode verstraeten kbc bank agoria presentation v15
Lode verstraeten kbc bank agoria presentation v15Lode verstraeten kbc bank agoria presentation v15
Lode verstraeten kbc bank agoria presentation v15
 
Webinar: Financing large scale integrated CCS projects
Webinar: Financing large scale integrated CCS projectsWebinar: Financing large scale integrated CCS projects
Webinar: Financing large scale integrated CCS projects
 
CEF stage 2 final report Executive Summary
CEF stage 2 final report Executive SummaryCEF stage 2 final report Executive Summary
CEF stage 2 final report Executive Summary
 
Standard forms lgtf
Standard forms lgtfStandard forms lgtf
Standard forms lgtf
 
Carbon Credit Credibility.pdf
Carbon Credit Credibility.pdfCarbon Credit Credibility.pdf
Carbon Credit Credibility.pdf
 
Opportunities and role of the quantity surveyor in green building project dev...
Opportunities and role of the quantity surveyor in green building project dev...Opportunities and role of the quantity surveyor in green building project dev...
Opportunities and role of the quantity surveyor in green building project dev...
 
Carbon credits
Carbon creditsCarbon credits
Carbon credits
 
Climate Trust Capital Spotlight
Climate Trust Capital SpotlightClimate Trust Capital Spotlight
Climate Trust Capital Spotlight
 
How BMW is Utilizing Blockchain to Create Carbon Credits for EV Drivers
How BMW is Utilizing Blockchain to Create Carbon Credits for EV DriversHow BMW is Utilizing Blockchain to Create Carbon Credits for EV Drivers
How BMW is Utilizing Blockchain to Create Carbon Credits for EV Drivers
 
MOMERIN
MOMERIN MOMERIN
MOMERIN
 
Pm0010 introduction to project management
Pm0010 introduction to project managementPm0010 introduction to project management
Pm0010 introduction to project management
 
Carbon Market 2.1? Networks and the riddle of fair and ambitious climate coop...
Carbon Market 2.1? Networks and the riddle of fair and ambitious climate coop...Carbon Market 2.1? Networks and the riddle of fair and ambitious climate coop...
Carbon Market 2.1? Networks and the riddle of fair and ambitious climate coop...
 
Monitoring and Evaluation in GrowSmarter
Monitoring and Evaluation in GrowSmarterMonitoring and Evaluation in GrowSmarter
Monitoring and Evaluation in GrowSmarter
 
GRBN Building Public Trust Programme - Overview - 2015 09 01
GRBN  Building Public Trust Programme  - Overview - 2015 09 01GRBN  Building Public Trust Programme  - Overview - 2015 09 01
GRBN Building Public Trust Programme - Overview - 2015 09 01
 

More from OECD Environment

OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Environment
 

More from OECD Environment (20)

OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
OECD Global Forum on the Environment dedicated to Per- and Polyfluoroalkyl Su...
 

Recently uploaded

Solar KW Oxfordshire solar installations
Solar KW Oxfordshire solar installationsSolar KW Oxfordshire solar installations
Solar KW Oxfordshire solar installationsSolar KW Limited
 
Revisions to the Enforcement Rules of the Climate Change Response Act
Revisions to the Enforcement Rules of the Climate Change Response ActRevisions to the Enforcement Rules of the Climate Change Response Act
Revisions to the Enforcement Rules of the Climate Change Response Actccappr
 
bioremediation_microbial remediationppt.pptx
bioremediation_microbial remediationppt.pptxbioremediation_microbial remediationppt.pptx
bioremediation_microbial remediationppt.pptxSanghamitraMohapatra5
 
Social issues and the environment book material pdf
Social issues and the environment book material pdfSocial issues and the environment book material pdf
Social issues and the environment book material pdf077AnzrFyaz
 
septic tank-biotech-biofilter-biofit-biofil-biotank-bio ipal
septic tank-biotech-biofilter-biofit-biofil-biotank-bio ipalseptic tank-biotech-biofilter-biofit-biofil-biotank-bio ipal
septic tank-biotech-biofilter-biofit-biofil-biotank-bio ipalBiotech Internasioanal
 
Coffs Harbour Australie Handelsmissie presentatie
Coffs Harbour Australie Handelsmissie presentatieCoffs Harbour Australie Handelsmissie presentatie
Coffs Harbour Australie Handelsmissie presentatieMetaSus
 
GFCM fish forum climate resilient fisheries
GFCM fish forum climate resilient fisheriesGFCM fish forum climate resilient fisheries
GFCM fish forum climate resilient fisheriesMark Dickey-Collas
 
Growth, rhizome yield and biochemical components of turmeric (Curcuma longa L...
Growth, rhizome yield and biochemical components of turmeric (Curcuma longa L...Growth, rhizome yield and biochemical components of turmeric (Curcuma longa L...
Growth, rhizome yield and biochemical components of turmeric (Curcuma longa L...Open Access Research Paper
 
#countupto100 LinkedIn Contest Answers and Winners
#countupto100 LinkedIn Contest Answers and Winners#countupto100 LinkedIn Contest Answers and Winners
#countupto100 LinkedIn Contest Answers and WinnersGeloTon
 
STS NEW BIODIVERSITY TODAY - General Education
STS NEW  BIODIVERSITY  TODAY - General EducationSTS NEW  BIODIVERSITY  TODAY - General Education
STS NEW BIODIVERSITY TODAY - General EducationCARLAPASCUAL5
 
澳大利亚国立大学毕业证制作流程ANU毕业证文凭学历学位认证
澳大利亚国立大学毕业证制作流程ANU毕业证文凭学历学位认证澳大利亚国立大学毕业证制作流程ANU毕业证文凭学历学位认证
澳大利亚国立大学毕业证制作流程ANU毕业证文凭学历学位认证8cuw8kc0
 
Compact Hydrogen Refueling Station(CHRS)
Compact Hydrogen Refueling Station(CHRS)Compact Hydrogen Refueling Station(CHRS)
Compact Hydrogen Refueling Station(CHRS)HNO International
 
2024-02-24 Composting at Home 101 without voucher for slideshare test 1.ppsx
2024-02-24 Composting at Home 101 without voucher for slideshare test 1.ppsx2024-02-24 Composting at Home 101 without voucher for slideshare test 1.ppsx
2024-02-24 Composting at Home 101 without voucher for slideshare test 1.ppsxEllen Book
 

Recently uploaded (13)

Solar KW Oxfordshire solar installations
Solar KW Oxfordshire solar installationsSolar KW Oxfordshire solar installations
Solar KW Oxfordshire solar installations
 
Revisions to the Enforcement Rules of the Climate Change Response Act
Revisions to the Enforcement Rules of the Climate Change Response ActRevisions to the Enforcement Rules of the Climate Change Response Act
Revisions to the Enforcement Rules of the Climate Change Response Act
 
bioremediation_microbial remediationppt.pptx
bioremediation_microbial remediationppt.pptxbioremediation_microbial remediationppt.pptx
bioremediation_microbial remediationppt.pptx
 
Social issues and the environment book material pdf
Social issues and the environment book material pdfSocial issues and the environment book material pdf
Social issues and the environment book material pdf
 
septic tank-biotech-biofilter-biofit-biofil-biotank-bio ipal
septic tank-biotech-biofilter-biofit-biofil-biotank-bio ipalseptic tank-biotech-biofilter-biofit-biofil-biotank-bio ipal
septic tank-biotech-biofilter-biofit-biofil-biotank-bio ipal
 
Coffs Harbour Australie Handelsmissie presentatie
Coffs Harbour Australie Handelsmissie presentatieCoffs Harbour Australie Handelsmissie presentatie
Coffs Harbour Australie Handelsmissie presentatie
 
GFCM fish forum climate resilient fisheries
GFCM fish forum climate resilient fisheriesGFCM fish forum climate resilient fisheries
GFCM fish forum climate resilient fisheries
 
Growth, rhizome yield and biochemical components of turmeric (Curcuma longa L...
Growth, rhizome yield and biochemical components of turmeric (Curcuma longa L...Growth, rhizome yield and biochemical components of turmeric (Curcuma longa L...
Growth, rhizome yield and biochemical components of turmeric (Curcuma longa L...
 
#countupto100 LinkedIn Contest Answers and Winners
#countupto100 LinkedIn Contest Answers and Winners#countupto100 LinkedIn Contest Answers and Winners
#countupto100 LinkedIn Contest Answers and Winners
 
STS NEW BIODIVERSITY TODAY - General Education
STS NEW  BIODIVERSITY  TODAY - General EducationSTS NEW  BIODIVERSITY  TODAY - General Education
STS NEW BIODIVERSITY TODAY - General Education
 
澳大利亚国立大学毕业证制作流程ANU毕业证文凭学历学位认证
澳大利亚国立大学毕业证制作流程ANU毕业证文凭学历学位认证澳大利亚国立大学毕业证制作流程ANU毕业证文凭学历学位认证
澳大利亚国立大学毕业证制作流程ANU毕业证文凭学历学位认证
 
Compact Hydrogen Refueling Station(CHRS)
Compact Hydrogen Refueling Station(CHRS)Compact Hydrogen Refueling Station(CHRS)
Compact Hydrogen Refueling Station(CHRS)
 
2024-02-24 Composting at Home 101 without voucher for slideshare test 1.ppsx
2024-02-24 Composting at Home 101 without voucher for slideshare test 1.ppsx2024-02-24 Composting at Home 101 without voucher for slideshare test 1.ppsx
2024-02-24 Composting at Home 101 without voucher for slideshare test 1.ppsx
 

8th Strategic Dialogue of the CMP - Ronan Carr, BeZero Carbon

  • 1. 2023 Strategic Dialogue of the Carbon Market Platform 2
  • 2. BeZero Carbon 3 Ratings agencies reduce information asymmetries between buyers and sellers in carbon credit markets ● Quality was traditionally seen as binary in the VCM. A credit is or is not a tonne. ● This is too simplistic … modelling carbon efficacy is complex. Project types differ widely. ● A more sophisticated, risk - based approach is needed to ensure the VCM scales, urgently. Moving away from binaries… “accredited vs. non- accredited”, “good vs. bad” …to a spectrum of probabilities A common language of risk The BeZero Carbon rating uses a risk- based approach to assess the likelihood that a carbon credit reduces/ avoids a tonne of CO2e.
  • 3. Implications of carbon credit rating agencies for policymakers BeZero Carbon 4 ● Carbon credit ratings agencies, such as BeZero Carbon, demonstrate that there is a risk associated with all carbon credit projects . ● Governments should utilise a risk - based approach as no binary assessment will guarantee quality in carbon markets . ● To help manage risk governments should require project - level assessments . ● Managing information disclosure is important to ensure integrity and transparency. ● Ratings can help improve carbon credit integrity to enable use in compliance markets. AAA AA A D Afforestation, Restoration and Reforestation Avoided Deforestation Improved Forest Management Grasslands Peatlands Feed additives BBB BB B C Mangroves