CarbonPool helps society to reach NetZero by providing in-kind insurance for failure to achieve net zero commitments due to shortfalls, reversals, business interruptions and natural catastrophes that either reduce the amount of carbon dioxide removals contracted for or unintentionally add carbon dioxide back into the atmosphere.
With a focus on empowering developers, corporate buyers, and investors with confidence and security, CarbonPool partnered with AlliedOffsets in 2023. This collaboration enhances CarbonPool's ability to assess project viability, developer experience, and credit valuation through detailed data insights.
How CarbonPool uses AlliedOffsets data to enhance their insurance offerings
1. Project Rating Analysis:
CarbonPool leverages AlliedOffsets comprehensive data to evaluate individual carbon projects. By accessing ratings from various agencies, and specific projects’ CCP likelihood,
CarbonPool can ensure that projects meet the highest standards of quality and integrity.
2. Developer Profiling:
Using AlliedOffsets' database, CarbonPool investigates project developers to understand their track record and portfolio of active projects. This allows CarbonPool to collaborate with experienced and reputable developers, ensuring that their insurance offerings are backed by projects with proven success and reliability.
3. Price Indication Monitoring:
AlliedOffsets provides CarbonPool with price indications of carbon credits from individual projects. This data enables CarbonPool to assess market trends and make better decisions regarding credit valuation.
Results
Partnering with AlliedOffsets has significantly strengthened CarbonPool’s ability to conduct thorough risk assessments and project evaluations. The detailed insights into project ratings, developer profiles, and credit pricing have empowered CarbonPool to enhance its insurance offerings, providing clients with greater confidence in the security and quality of their carbon credit investments.
"AlliedOffsets data and services have been very helpful in our project evaluation and risk assessment processes. The ability to access comprehensive project ratings and quality metrics, developer insights, and price indications has empowered us to have more confidence in our carbon credit investments, which will serve as replacement credits for our insurance clients."
Nikolaus Plochmann, Forestry Expert, CarbonPool
