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BeZero Carbon to provide reliable ratings to Japan’s new carbon exchange marketplace Carbon EX 

  • Global carbon ratings agency BeZero Carbon has today confirmed a partnership with the new Japanese carbon exchange Carbon EX, which will launch this month. 
  • Carbon EX will be one of the first carbon trading platforms in the region and has been set up by Japanese conglomerate SBI Holdings and climate tech company Asuene.
  • The BeZero Carbon rating will be available on the Carbon EX platform, bringing carbon ratings to a new audience in Asia.

Global carbon ratings agency BeZero Carbon has today signed the new Japanese carbon exchange Carbon EX as a client, bringing its world-leading carbon ratings to a new audience in Asia.

Carbon EX, which will open later this month, will act as one of the region’s first carbon trading hubs, offering services in English and Japanese and trading voluntary carbon credits, as well as J-Credits and non-fossil certificates.

The BeZero Carbon Rating assesses the quality of carbon credits on an eight-point scale ranging from ‘highest likelihood’ to ‘lowest likelihood’ of achieving a tonne of CO₂e avoided or removed. Thanks to this partnership, Carbon EX customers will now be able to view the BeZero Carbon Rating before they make their carbon credit investments – helping them better understand the quality of the credits they’re purchasing.

The voluntary carbon market (VCM) is set to be worth billions in the next decade, and has immense potential to scale into an effective mechanism to finance the global climate transition using private capital. BeZero’s risk-based ratings are essential to enable the VCM to develop and grow, providing vital information about carbon credit quality, at any stage of the carbon project lifetime, so customers can direct investment towards environmentally impactful projects.  

Sebastien Cross, co-founder and Chief Innovation Officer of BeZero Carbon, said: “We’re delighted to be working with Carbon EX to integrate the BeZero Carbon Rating into their trading hub, right from the moment it launches. Investment in the voluntary carbon market is scaling in Japan, and implementing risk-based ratings into global carbon trading mechanisms is vital for the future of the market. We’re proud that our ratings are empowering customers around the world with the information they need to direct capital towards projects that will have a genuine impact on our planet.”

Kohei Nishiwada, co-founder and Chief Executive Officer of Carbon EX, said: “Carbon EX believes that the quality and liability of carbon credits are the most essential pieces in ensuring a reliable carbon credit exchange marketplace for our users. By integrating BeZero Carbon Rating, Carbon EX will be able to provide easy and reliable data which can support our buyers to compare and assess each credit’s risks and its quality at a glance. We will continue our efforts in providing a reliable carbon credit exchange marketplace globally.”