CTX has electronically interfaced with carbon registries to ensure transaction transparency and efficiency
Registries are essential for issuing, holding, and transferring carbon credits. Once a carbon project is issued with credits, the registry gives each one a unique serial number so that they can be tracked through their entire life-cycle. Registries also facilitate the retirement (surrendering) of credits for carbon neutrality purposes, ensuring credits are not resold at a later date.
APX has grown into a leadership role over the last two decades through strong client support, proven infrastructure and reliable, cost-effective, 24/7 operations in there APX Environmental Markets and APX Power Markets businesses.
To be eligible for Gold Standard certification, projects must:
- Employ renewable energy and/or energy efficiency technologies
- Adhere to the strictest standards on additionality
- Positively impact the economy, health, welfare and environment of the local community hosting the project
As the premier carbon offset registry for the North American carbon market, the Climate Action Reserve encourages action to reduce greenhouse gas (GHG) emissions by ensuring the environmental integrity and financial benefit of emissions reduction projects.
The Reserve establishes high quality standards for carbon offset projects, oversees independent third-party verification bodies, issues carbon credits generated from such projects and tracks the transaction of credits over time in a transparent, publicly-accessible system.
The Reserve offsets program demonstrates that high-quality carbon offsets foster real reductions in GHG pollution, support activities that reduce local air pollution, spur growth in new green technologies and allow emission reduction goals to be met at lower cost.
The transparent processes, multi-stakeholder participation and rigorous standards of the Reserve help earn confidence that registered emissions reductions are real, additional, verifiable, enforceable and permanent. The Reserve’s expertise and insight helped inform the development of the State of California’s cap-and-trade program, which adopted four of the Reserve’s protocols for use in its regulation.
The Reserve began as the California Climate Action Registry, which was created by the State of California in 2001 to address climate change through voluntary calculation and public reporting of emissions. The California Registry helped over 415 leading California-based corporations, organizations, government agencies and municipalities to voluntarily calculate and publicly report their GHG emissions. Its established expertise in emissions accounting translated into expertise in emissions reductions accounting for the North American carbon market.
Founded in 1996 as the GHG Registry by Environmental Defense Fund and Environmental Resources Trust, American Carbon Registry, ACR has 15 years of experience in the development of rigorous, science-based carbon offset standards and methodologies, as well as in carbon offset issuance, serialization and transparent online transaction and retirement reporting.
As the first private voluntary GHG registry in the world, ACR has set the bar in the global voluntary carbon market for offset quality and operational transparency. The American Carbon Registry and Environmental Resources Trust joined Winrock International in 2007, expanding the Winrock team of climate change, forestry, clean energy, agriculture, biofuels and carbon market experts.
Markit is leading the environmental markets industry into the future, guiding environmental programme design, and developing tools to facilitate counterparty interaction, market information dissemination and infrastructure integration.