Stakeholder Support
Letter of Support
We, the undersigned leaders from across the carbon market ecosystem—including project developers, corporates purchasing carbon credits, traders, service providers, and rating agencies—are writing to express our collective support for ERS as a key innovator in the carbon market.
The carbon market faces well-known challenges: long certification timelines, escalating costs, and barriers to innovation. These inefficiencies hinder the scaling of nature-based carbon projects, limit market participation, and raise concerns about overall market integrity. There is an urgent need for solutions that address these systemic problems.
By introducing a standard that reinforces safeguards and streamlines certification processes, ERS is actively providing the solutions the market needs. Their use of satellite data for continuous project assessment and monitoring ensures transparency and reliability. Additionally, ERS’s adoption of area-based fees, rather than per issuance fees, removes conflicts of interest, making the certification process more equitable. Beyond carbon, ERS evaluates projects across ecological recovery, carbon sequestration, and livelihoods, setting a new benchmark for what certification standards can achieve.
The undersigned signatories have conducted due diligence on ERS, evaluating its approach, engaging in discussions, and addressing key questions. These diverse evaluations have affirmed our collective confidence in ERS’s ability to deliver high-quality, innovative solutions that the market urgently needs. Signatories have consistently found that ERS, through its novel approach, raises the bar on quality while simultaneously addressing inefficiencies, reducing costs, and accelerating the certification of impactful nature-based projects.
As signatories, we represent diverse stakeholders who share a common goal: a thriving, transparent, and competitive carbon market that supports the rapid scaling of nature-based projects worldwide. We urge all stakeholders to recognize and support high-quality new entrants such as ERS. Doing so will stimulate competition and innovation, both of which are vital for scaling the carbon market and advancing the urgent climate and biodiversity goals we all seek to achieve.
Sincerely,
