August 24, 2026 · 5 min read
The Phantom Market
Nearly half of all rated projects have never issued a single credit. The voluntary carbon market's pipeline is larger than its supply — and skews to its riskier categories.
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Carbon-market integrity, in the data
We rate every project in the voluntary carbon market on a transparent, CCP-aligned scale. These reports are what the ratings reveal.
July 15, 2026 · 6 min read
The Registry Illusion
Buyers treat the certification logo as a quality signal. But across rated projects, it isn't; the market's most-trusted registry is last on integrity.
Read the report →July 2, 2026 · 6 min read
The State of Carbon-Credit Integrity
We rated every project in the voluntary carbon market. 78% clear the investment-grade bar, but almost none are excellent.
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