TEM Partners With Sylvera To Boost Carbon Credits Due Diligence

TEM Partners With Sylvera To Boost Carbon Credits Due Diligence - Carbon Herald
Source: TEM

Australian carbon credits provider Tasman Environmental Markets (TEM) has teamed up with leading carbon data provider Sylvera to support TEM’s due diligence process.

The partnership between Sylvera and TEM will make sure TEM can continue to trade credits from only the highest quality carbon projects. 

Furthermore, as a result of the deal, TEM’s customers will gain access to Sylvera’s data, including project ratings, as well as information about co-benefits and impact – all via TEM’s digital carbon credit marketplace – TEM Online.

The platform provides users with the opportunity to purchase carbon credits orders of under 10,000 metric tons in a credible and trustworthy fashion.

Now, customers can count on the reliability of their purchases being reinforced thanks to the combination of cutting-edge technology with leading carbon measurement methodologies used in Sylvera’s ratings.

The partnership marks the first of its kind in Australia and will provide TEM with an additional assessment of carbon projects, which will, in turn, boost the company’s due diligence and vetting process. 

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Jessica Dwyer, CEO of TEM, commented: “TEM is continuously expanding the tools and technologies we utilise to help businesses of all sizes achieve their decarbonisation goals and make a real difference to climate change, people and the planet via financing high-quality carbon offsetting projects.” 

“Experts, including the United Nations, recognise the essential role of carbon markets in achieving the world’s climate targets and high-quality carbon credits are key to this,” Dwyer said.

The news comes shortly after Sylvera announced its partnership with the Singapore Government and the opening of a regional office in the country, signaling the data provider’s global expansion.

Read more: Sylvera Expands Into APAC With Singapore Agreement And New Hub

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