ClimeFi has launched a due diligence platform, opening its database of executive summaries for evaluated carbon removal projects to eligible buyers. This initiative aims to enhance market transparency and assist corporate buyers in making more informed decisions amidst the growing number of multi-year carbon removal procurement deals.
The platform enables corporate sustainability leaders and procurement teams to assess carbon removal projects more quickly and reliably. By providing audited project information for free, ClimeFi hopes to lower the barrier to entry and create a level playing field for companies operating in the complex carbon removal market.
The voluntary carbon market and carbon dioxide removal procurement face challenges such as inconsistent data quality, varying verification standards, and fragmented project disclosures, which increase the risk for buyers entering long-term climate agreements. Paolo Piffaretti, CEO and Co-founder of ClimeFi, stated, "In a market long affected by information asymmetry, many long-term procurement decisions are still based on incomplete or fragmented data. ClimeFi's new platform aims to bridge this gap by providing a transparent and easily accessible perspective to navigate the rapidly evolving landscape of carbon removal projects."
By standardizing project evaluations and making executive summaries more accessible, the company expects to boost buyer confidence and optimize capital allocation towards credible carbon removal solutions. ClimeFi assesses projects based on three core pillars: carbon integrity, delivery risk, and factors beyond carbon. Each project receives an analyst rating, offering a structured and comparable view of performance and risk to support multi-year procurement decisions.
Unlike static reviews, ClimeFi's coverage is continuously updated, including monitoring business developments, verification progress, and supplier trends. Projects may be adjusted as their performance changes. This reflects the dynamic nature of carbon removal technologies and supply chains, where delivery timelines and financing conditions significantly impact project viability.
ClimeFi currently tracks over 500 carbon removal suppliers globally, has completed due diligence on more than 100 suppliers, and continuously covers approximately 70 projects. This expanding dataset provides buyers with a structured overview, covering various technologies such as nature-based removals, biochar, and direct air capture.
As corporate net-zero commitments transition from planning to implementation, access to reliable project intelligence becomes critical. Companies face increased scrutiny from regulators, investors, and society regarding the integrity of carbon credits. By improving transparency and comparability, the ClimeFi platform helps standardize due diligence practices, reduce reputational and delivery risks, and promote more efficient capital allocation towards carbon removal.
