Pico Analytics / Carbon markets
From carbon potential
to a credible market path.
A promising project starts with the right questions. We are exploring how clear evidence and consistent assessment can help developers, investors and market partners make better decisions.
Research focus: South Africa and Namibia · Insights from wider project cases
The opportunity
There is more to a carbon project than a number of tonnes.
Renewable energy, forests and peatlands offer different ways to support climate goals. Understanding a project's route to market means looking at how its climate benefit is measured, which rules apply and what it takes to deliver.
What changes?
Understand the activity and the benefit it could deliver compared with what would otherwise happen.
Which route fits?
Explore relevant standards, project requirements and the evidence needed for a potential market route.
What makes it viable?
Consider costs, credit volumes, timing and price assumptions together, where reliable inputs are available.
Our approach
Common questions.
Project-specific answers.
Our research uses a common assessment framework to compare different projects. The questions stay consistent. The carbon calculations and supporting evidence depend on the activity.
Understand
Define the activity, location, project boundaries and relevant rights. Establish what information is available.
Assess
Review the possible market route, climate benefit, monitoring requirements, risks and financial assumptions.
Find a market path
Compare the evidence, explain the gaps and identify the next steps that deserve attention.
The aim
Turn a complex picture into a clearer next step.
The aim is to make early project discussions more useful: what looks promising, what needs further evidence and what should happen next.
Designed around real decisions
- For project developers
Understand requirements and prepare the information an assessment needs. - For investors and finance teams
See the assumptions, uncertainties and costs behind a potential opportunity. - For market partners
Discuss potential routes with a clearer view of project readiness.
Evidence matters
Make the reasoning visible.
Our research draws on public project documents, registry records and published methods. We distinguish documented facts, working assumptions and information that still needs to be checked.
Potential is a starting point
An estimate of climate benefit needs an appropriate method and supporting evidence before it can support a credit claim.
Issuance and availability are different
Historical credit issuance does not, on its own, show how many credits are available for sale today. Current status and ownership need separate checks.
Financial results depend on the inputs
A financial estimate is only as useful as its assumptions. Where cost, price or timing data is missing, we make that gap clear.
Start a conversation
Where could your project go next?
Tell us about the activity, its location and the decision you are trying to make. Let's discuss the questions and evidence that matter.
This page introduces research in development. Project assessments remain subject to the relevant rules, evidence and independent review. It does not confirm credit eligibility, issuance or investment returns.