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Lens Carbon - Carbon offset-focused workflows
Lens Carbon - Carbon offset-focused workflows

An overview of carbon offset workflows and use cases in Lens Carbon

Jo-Anne Dodd avatar
Written by Jo-Anne Dodd
Updated over 7 months ago

Use case #1: Project benchmarking

The flexible filtering options in Lens Carbon can easily narrow down the vast project landscape to focus on the areas of interests. In the example below, we’re looking to benchmark nature-based solution offset projects in Brazil by the number of credits issued and their prices.

Steps:

1. Click the +Add filter button (located just under the search bar

2. Select the Country tab and then select Brazil from the Country list

3. Select the Specification tab and then toggle Nature based solution to Y

4. Click the Apply filters button (located at the bottom right of the screen)

5. To find which projects have issued the largest number of credits, go to the Assets section and scroll to find the Projects Ranking chart

6. To quickly identify which projects are ARR (Afforestation, Reforestation and Revegetation) or REDD+ (Reducing Emissions from Deforestation and forest Degradation in developing countries), click on the Settings (cogwheel) icon > change Colour by to Project Type

7. To find the aggregated price trend for these screened projects, go to the Prices section on the menu to find the timeseries view of the weighted average price. Again, use the Settings to get breakdown by Project Type, among other things.

Use case #2: Project discovery with a focus on specific characteristics

Lens Carbon contains detailed characteristics for each project. Quickly discover information about each project by using the following.

Steps:

1. Use the Search Bar to directly search for and select projects by name

2. Go to the Assets section for details on the project attributes

3. Go to Prices section for the annual weighted average price by retirement or vintage year trend

4. To find out more on how many credits were issued on yearly basis, go to Supply section

5. For the credit retirement trend, go to Demand section

6. If there’s a need to compare a greater selection of projects or there’s a requirement to view or manipulate the data locally, simply use the Export option in each data grid to download the data, and perform the analysis on Excel or other applications

For more information on carbon offset data in Lens Carbon, please take a look at the following article: Lens Carbon - Understanding Carbon Offset dataset

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