Ratings Scan
The first stage of The Carbon Rating Agency’s analysis of a project is a desk-based study of the project documentation. CRA’s analysis of the technical aspects is combined with expert judgement of project fundamentals to result in a considered initial opinion based on the available information and interaction with the client. This product is designed for clients who need a quick assessment of the project they are considering for transaction or development.
The Ratings Scan service will help carbon investors, purchasers and intermediaries by:
- Giving them a quick first level understanding of the core drivers of project performance including regulatory risks;
- Enhancing and accelerating due-diligence on deal flow;
- Enabling them to explore how mandated ratings could add value to their business.
The Product Deliverables of the Ratings Scan Include:
Risk Analysis and Diagnostic
- Summary of identified risk under five key categories, presenting the essentials of each risk, based on desktop research and any additional information provided by the client;
- Explanation of the key diagnostic points that will influence the project/portfolio performance with select mitigation analysis;
- Presentation of conclusions in “Risk at a glance” spider web showing the relative levels of the five key risk categories.
CDM/JI Framework Issues
- Analysis of project’s additionality and likelihood of getting registered/approved;
- Sources of difficult or delay in completion of required framework process.
- Likely range of delivery of emissions reductions considering the inherent variability of the project scheme;
- Assessment of the real and long term nature of the emission reductions;
- Project benchmarking, identifying the performance of similar projects.
Sustainable Development Aspects
- Opinion on the sustainable development aspects/ impacts resultant from the project activity.