What is Pre-Issuance?
Pre-issuance refers to the early stage in a carbon project’s lifecycle, before credits are issued.
The carbon project lifecycle typically has 8 stages, from the feasibility stage to the implementation stage, and all the way to the credit issuance.
Pre-issuance investment is made up the the up to the registration stage - so during stages 1 and 4 as shown here:
Assessing if the project is viable from technical, financial, and regulatory view.
Develop the official Project Design Document (PDD).
Ensure the project meets the registries standards.
Formally register the project under the registry.
Execute the project and track carbon reduction.
Independently verify the emission reductions achieved.
Convert verified emission reduction into Carbon Credits that can be traded.
Continuing monitoring for the verification of future vintages.
Why consider Pre-Issuance projects as a part of your carbon credit portfolio?
By investing at this stage, companies secure a supply of high-quality credits aligned with their net-zero goals and an opportunity to lock in high-quality credits at favorable prices.
Investing in pre-issuance projects is a proactive strategy to ensure future access to quality credits.
Companies invest in pre-issuance projects to secure access to the best carbon projects, monitor & influence their implementation, and reduce costs associated with achieving their net zero targets.
Most of the best projects are sold out before they issue. Investing pre-issuance helps secure access.
Early movement enables companies to monitor the project implementation, identify any deviations from plan, and course correct by suggesting remedial actions.
Investing in early stage projects enable companies to access carbon credits at a fraction of spot prices because they partner with the project developer.
Pre-Issuance with Sylvera
With Annalise Downey, Head of Climate Consulting
Tuesday 20th May 2025
5pm UK Time, 12pm EST, 9am PST
Common challenges when investing in Pre-Issuance Projects.
Investing in pre-issuance carbon projects offers major opportunities but also presents challenges. Sourcing reliable projects, assessing their risks, and monitoring their implementation can be complex and time-consuming.
Pre-Issuance with Sylvera addresses these challenges head-on, providing a comprehensive way to streamline your entire investment lifecycle.
Accelerate investment and reduce uncertainty with our pre-issuance solution.
Access hundreds of off-registry projects, curated and assessed to ensure quality and potential. Save significant time and resources by leveraging our database, cutting through the noise to focus on opportunities that align with your investment strategy.
Our comprehensive Pre-issuance Ratings go beyond simple scores, providing a deep-dive analysis across our delivery, integrity and value modules - so you can anticipate and mitigate potential challenges effectively.
Track any deviation from plan through quarterly monitoring. Not only do we identify risk; we also provide remedial actions empowering the developer to take proactive steps to enhance the project's quality, value and to maximise return on investment.
Be confident at every stage
Find the right projects through our extensive catalog, detailed data, and efficient prioritization tools.
Make informed investment decisions with in-depth Ratings, plus business case support.
Track performance, address potential issues with remedial actions, and assess their impact.
The smart way to improve the value of early-stage projects.
A bottom-up modeling of delivery risk.
Pre-Issuance rating range.
Price rating correlation.
Guidance on how to course correct.
Here’s how Sylvera’s Pre-Issuance solution works.
Sylvera’s Pre-issuance Solution is a 12-month subscription that helps find projects, invest in them and monitor them
The subscription brings together various tools and data sources:
Simplify your search for pre-issuance investment opportunities. With advanced filtering options - including transaction terms, price, location, and issuance timeline - you can quickly find investment opportunities that match your criteria. And get a quality signal via our pre-issuance Estimated Ratings.
Explore 200+ investment opportunities spanning 15+ project types from mangroves to biochar and beyond. And easily filter and refine your search based on specific criteria, ensuring efficient project selection tailored to your needs.
And use Connect to Supply to engage directly with project developers, streamlining the sourcing process as you can request project proposals directly.
Pre-issuance Ratings are used to make an investment decision and provide an indication of what Rating the project is expected to receive at issuance.
- Integrity. What rating this project is expected to receive at issuance
- Delivery. How credits will be issued and when.
- Value. How this translates into money using our price rating correlation.
Across these 3 modules, remedial actions provide guidance on how to improve the project's quality and value.
The subscription offers quarterly monitoring and updates for each project, keeping you on top of project performance and changes in the risk landscape.
Remedial actions are a key part of the solution. Our pre-issuance Ratings explain how their implementation can turn a red flag into a green flag as well as the impact it may have on the project's quality and value.
Because pre-issuance projects are still in the early stage of their implementation, deviations from plan can be course corrected to ensure optimal outcomes.
The Pre-Issuance subscription includes a number of features and data, accessible through the Sylvera platform.
Connect to Supply facilitates direct engagement with project developers, streamlining the sourcing process and allowing you to request project proposals directly.
Country Profiles offer crucial contextual information on regulatory landscapes and market dynamics in specific regions.
Methodology Profiles provide detailed evaluations of different carbon credit methodologies, ensuring transparency and informed risk assessment.
Carbon Market Data gives you up-to-date data insights to help you navigate the complex carbon markets with confidence.
Market Commentary gives up-to-date market insights and policy changes, informing decisions and investment strategies by keeping on top of the evolving carbon market landscape.s provide detailed evaluations of different carbon credit methodologies, ensuring transparency and informed risk assessment.
"To fully unlock the potential of the carbon market, high-quality projects need more investment and more stringent due diligence before they even issue credits. Sylvera’s Pre-Issuance Solution provided actionable insights that enabled our team to act quickly on project opportunities and, ultimately, feel confident in deploying early-stage capital."
The Pre-Issuance Primer
What you need to know about investing early in carbon projects.
Common questions about Pre-Issuance.
Sylvera’s Pre-Issuance Solution is a comprehensive 12-month service designed to help clients discover, evaluate, and monitor early-stage carbon projects before they issue credits. It provides access to an extensive catalog of projects, detailed ratings and insights, and ongoing support to ensure informed pre-issuance investment decisions.
The Early Stage Catalog simplifies your search for high-quality pre-issuance investment opportunities. With advanced filtering options for transaction terms, price, location, and issuance timeline, you can quickly find projects that align with your specific investment criteria.
Once you have identified a project through the Early Stage Catalog, you can first get a first quality signal via a pre-issuance Estimated Rating.
Then, if you like what you see are considering investing in the project, you can then use a full Pre-issuance Rating to inform an investment decision.
The subscription includes quarterly monitoring updates for each rated project. These reports keep you informed about any changes in project performance and risk landscape, along with actionable recommendations for remedial actions to improve ongoing project value.
The solution is designed for a range of stakeholders, including sustainability leaders, investment teams, risk management professionals, and corporate executives. It empowers each role to make data-driven decisions that align with broader sustainability and financial goals.
Accelerate Pre-Issuance investment and reduce uncertainty.
See how businesses are investing in Pre-Issuance carbon projects.
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Request a demo
Ready to invest in Pre-Issuance projects? We’d love to help. Request a demo to see our market-leading Pre-issuance Ratings and data solutions.
