BeZero Carbon awards first 'AAA' rating to Orca Direct Air Capture project

James Murray
clock • 3 min read
Climeworks Orca direct air capture and storage plant in Iceland / Credit: Climeworks
Image:

Climeworks Orca direct air capture and storage plant in Iceland / Credit: Climeworks

Climeworks' flagship project the subject of BeZero carbon's first ever public rating of a Direct Air Capture with Carbon Storage project

Hopes that Direct Air Capture (DAC) projects can deliver a secure means of removing carbon from the atmosphere were given a boost this week, after carbon ratings agency BeZero Carbon issued its first 'AAA'...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Offsets

BeZero Carbon: 'Clear evidence' of price premiums for higher-rated carbon credits

BeZero Carbon: 'Clear evidence' of price premiums for higher-rated carbon credits

Relationship between high ratings and price now apparent in most active markets, new study finds

Stuart Stone
clock 08 October 2026 • 3 min read
Carbon Finance 2.0: How carbon markets reached a 'messy middle' - and what happens next

Carbon Finance 2.0: How carbon markets reached a 'messy middle' - and what happens next

Experts from Amazon, the BSI, CarbonZero, and Ergochair explore how carbon markets can move beyond the current 'inflection point' and become a 'boring' part of everyday business

Stuart Stone
clock 07 October 2026 • 9 min read
The SBTi's new standard could trigger a carbon credit supply crunch: Why companies need to act now

The SBTi's new standard could trigger a carbon credit supply crunch: Why companies need to act now

The SBTi's updated Corporate Net Zero Standard has created a demand signal which needs to be a catalyst for 'real' supply and offtake agreements for high quality carbon credits, writes Climate Impact Partners CEO Sheri Hickok

Sheri Hickok, Climate Impact Partners
clock 02 September 2026 • 4 min read