Wednesday, 25 June 2008

Stern Launches Carbon Credit Rating Agency

IDEAcarbon, the research and consultancy company in the carbon and energy markets of which Lord Stern (author of the UK’s Stern report on climate change) is vice-chairman, has launched a carbon credit rating agency.

There is a lot of uncertainty about the value of carbon assets, not just the delivery issues but also the regulatory and measurement risk. The idea is that the new agency will provide evaluation and risk analysis to help buyers decide what they need and how much to pay and help project developers get funding.

It's certainly a market that needs close inspection by those looking to buy carbon credits.

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