Viridios & BeZero Partner to Improve Carbon Market Transparency
Viridios, a proprietary carbon credit pricing and risk assessment platform and leading data provider for voluntary carbon market participants, has signed a partnership agreement with BeZero Carbon to provide its VAI platform customers with access to BeZero Carbon’s headline ratings for more than 250 carbon projects around the world.
The partnership will see the BeZero Carbon Rating, which gives an independent quality assessment on the likelihood of a carbon credit avoiding or removing a tonne of carbon dioxide equivalent, integrated on VAI’s carbon pricing and valuation platform through BeZero Carbon’s API technology. Its ratings use a seven point scale ranging from “AAA+, high likelihood” to “A, low likelihood” of removing or avoiding a tonne of carbon dioxide equivalent.
“Our partnership with BeZero brings together our unique carbon project datasets on our VAI platform, making it easier for those operating in the voluntary carbon market (VCM) to make more informed investment decisions,” says Viridios AI CEO Marcelo Labre.
“This partnership is another important step towards improving transparency in the VCM and helping market participants price and manage risk as they strive to reach their net-zero targets,” Labre says.
According to BeZero Carbon CEO, Tommy Ricketts: “In order for the VCM to scale effectively, we need to build information architecture that helps all market participants to price and manage risk. This partnership is critical to increasing access to the data, insight and analytics that participants need to build confidence in this rapidly growing market and support the transition to net-zero.”
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