51. Sylvera

Company: Sylvera

Founder: Dr. Allister Furey

Website: https://www.sylvera.com/

 

 

About Sylvera

 

Net zero is the world’s only plan to tackle climate change, and achieving it by 2050 requires significant decarbonisation. However, not all industries can fully eliminate their emissions – carbon credits play a vital role in offsetting what remains. These credits fund projects that protect rainforests, support clean energy, and drive measurable climate impact.

To ensure the credibility of these credits, investors need reliable, unbiased data to assess their effectiveness.

That’s where Sylvera comes in.

Founded in 2020, Sylvera is a leading carbon data provider, enabling companies and governments to invest in real climate impact with confidence. Some of the world’s biggest organisations – including Salesforce, Shell, Robeco, BCG, and Bain & Co. – trust Sylvera’s data and insights to guide their carbon strategies.

Sylvera uses cutting-edge technology to evaluate carbon projects that capture, remove, or avoid emissions. With a team of 150+ global carbon experts and academics, they provide robust ratings and insights to ensure funding flows to the most effective climate projects.

Sylvera’s proprietary carbon credit ratings assess whether projects have truly delivered on their climate claims. Peer-reviewed and built on the latest science, their ratings are independent, repeatable, and unbiased. Unlike others, they don’t sell carbon credits or charge developers to rate their projects – they make money by licensing their data to organisations that need it.

Each project is evaluated on carbon accounting, additionality, permanence, and broader environmental and community impact. By leveraging the latest satellite imagery, AI, and climate science, Sylvera provide the most accurate and transparent data in the market.

Recent Highlights

– It closed a $57 million Series B funding round in July 2023 from investors such as Balderton Capital, Index Ventures and Insight Partners. It has banked close to $100 million ($96 million+) in total external investment since being founded.

– Recent collaborations include partnering with the United Nations Development Programme (UNDP) to empower African nations to combat climate change, and with the Singaporean government to support Paris Agreement goals.

– Sylvera’s newly launched “Estimated Ratings,” now covers 90% of all Afforestation, Reforestation & Revegetation (ARR) projects. Estimated Ratings provide early insights into carbon projects before a full assessment, helping businesses quickly assess potential investments with greater confidence.

Conclusion

The world isn’t moving fast enough. Despite the urgent need for action, less than half (41%) of large companies worldwide have published a transition plan.

With commitments to green policies coming under increased scrutiny, and rollbacks being seen from a number of industry giants, Sylvera’s data is more critical than ever. Better data will drive better decisions and provide more transparency, unlocking financial incentives for companies and governments committed to net zero.

Sylvera is at the forefront of this shift, developing new data sets and solutions to help businesses and investors take meaningful climate action. The economic transition to net zero can’t happen without trust in the carbon markets – and Sylvera is providing the data to make it possible.

 

 

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