A tool in incentivizing projects is paying owners today for the carbon removal they are expected to complete, and insurance and rating agencies are arriving to help.
While carbon offsetting can help cut costs, one of the criticisms of the system is it allows companies that pollute to continue belching out greenhouse gases at a cost they can seemingly afford.
Carbon ratings agency BeZero Carbon this year became the only full service ratings agency in the voluntary carbon market (VCM), launching a toolkit enab.