Welcome to Climate Data Due Diligence
The Climate Data Due Diligence (CDDD) initiative aims to promote climate management
strategies -- including cap and trade, carbon taxes and carbon disclosure -- that
are built on accurate CO2 emissions data. Inaccuracies in the current CO2 emissions
data reported in national inventories, individual installations and company documents
could be detrimentally high, and CDDD aims to create a spirited debate about it.
If the uncertainties inherent in our current CO2 monitoring and reporting systems
are not recognized and corrected, assessing the impact of our investments in CO2
reduction efforts on the concentration of CO2 in the atmosphere will be misguided
at best, and wasted at worst. CDDD believes that climate policy discussions require tighter information discipline and due diligence to avoid the failures we observe in the financial market.
To ensure complete independence, CDDD is funded solely
through the in-house R&D budget of Performeks LLC, and it does not accept any
funding from external sources.