Announcing the Renoster Project Explorer
In the fast-paced landscape of carbon credit markets, precise and trustworthy ratings play a critical role in steering the direction of both emerging and established projects. The recent report by Carbon Market Watch serves to highlight the distinct approach that Renoster has been cultivating since our public relaunch in July 2022; an approach characterized as incomparably data-driven.
Our Stance on Quality Ratings
At Renoster, we champion a deeper, more nuanced approach to ratings to offer a detailed exploration of a project's true value and impact. We call this Deep Transparency. While we appreciate the spotlight the report has cast on the varied approaches in our sector, our focus remains unchanged — to unveil the true worth of a project, going far beyond superficial metrics to deliver assessments rooted in depth and accuracy.
A Necessary Shift in the Industry
The need for tools that provide a deep analysis of carbon credit projects is clearer than ever. Traditional markers are proving less reliable, creating a pressing need for a more robust, transparent, and data-focused approach at the project level.
Presenting the Project Explorer Tool
To meet this industry demand and to celebrate the start of New York Climate Week, we're launching the Project Explorer tool today, which allows anyone to understand where our specialty lies: nature based projects.
This tool embodies our dedication to depth and quality, operating through:
- Objective Evaluation: Following the ICVCM core principles, we’ve positioned ourselves neutrally, steering clear of undue influences from external entities.
- Specialized Focus: We specialize in the domains of forestry, mangroves, and peat bogs, utilizing remote sensing for independent verification to ensure objective ratings.
- Open Transparency: Our commitment to transparency is steadfast, demonstrated through public whitepapers that articulate our methodologies and the science behind them.
We invite you to try out the Project Explorer tool, showcasing Renoster's ongoing commitment to enhancing carbon credit ratings through data and transparency. And stayed tuned, as we continue to make more of our process public.
Explore our published whitepapers detailing:
- How we rate our projects (including every test we run),
- Our remote sensing methods, how they are used and their various limitations.