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Climate Marketplace

A carbon credit marketplace is a digital platform where businesses can discover, evaluate, purchase, and manage carbon credits from eligible climate projects. It makes it easier for buyers to compare available projects and manage their carbon procurement.

An I-REC marketplace connects businesses looking to procure renewable electricity attributes with available International Renewable Energy Certificates. Buyers can explore certificates associated with renewable energy generation and procure and retire eligible certificates according to their sustainability requirements.

Verified carbon credits represent quantified greenhouse gas emission reductions or removals from climate projects that have been assessed under an applicable carbon standard or verification process. Buyers should review the project methodology, standard, verification status, and other relevant project information before purchasing.

Energy Attribute Certificates are instruments that represent specific attributes of electricity generated from an energy source. I-RECs are one type of Energy Attribute Certificate used in many international electricity markets to document renewable electricity attributes.

I-RECs can provide organizations with documented renewable electricity attributes that may be used for market-based Scope 2 emissions accounting, subject to the applicable reporting rules and requirements.

Carbon credits represent quantified greenhouse gas emission reductions or removals from eligible projects. I-RECs represent the renewable electricity attributes associated with electricity generation. They serve different purposes and should not be treated as interchangeable environmental commodities.

Businesses can identify their climate objectives, determine the type and quality of carbon credits they require, evaluate eligible projects, review relevant documentation, and then purchase and retire credits according to their sustainability strategy and applicable requirements.

The availability of projects and standards can vary by marketplace inventory. Hestiya can provide access to projects associated with recognized standards such as Verra and Gold Standard, depending on available projects and applicable requirements.

Carbon projects may undergo validation and verification through processes defined by their applicable carbon standard. Buyers should review project documentation, methodology, verification status, issuance information, and other available evidence when assessing a carbon credit.

Hestiya focuses on providing relevant project and certificate information so buyers can make more informed procurement decisions. Organizations should review the available project documentation, applicable standards, verification information, and other due-diligence factors before making a purchase.