ESG & Investing
Carbon-Credit ‘Fraud’ Assumptions Are Challenged in New Study
In the “wild west” of carbon credits, fraudulent offsets may not be as widespread as feared, report shows.
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Voluntary carbon credits might not be as bad as widely assumed, according to new research from carbon credits ratings firm Sylvera.
In an analysis of 337 million carbon credits intended to prevent deforestation, Sylvera said 143 million, or more than 40%, are “high quality,” achieving its top three grades in an assessment covering factors such as a credit’s contribution to avoiding or removing CO2, as well as the permanence of such actions.