IHS Markit Ltd.
IHS Markit Ltd.
10/28/2021 | Press release | Distributed by Public on 10/28/2021 07:38
First Global Carbon Credit Meta-Registry Launches
First Global Carbon Credit Meta-Registry Launches
October 28, 2021
Platform by IHS Markit includes data from eight programs and over 90 countries
London (October 28, 2021) - IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced the launch of the Carbon Meta-Registry, a secure online platform that seamlessly connects disparate environmental markets and registry systems around the world, enabling the exchange of carbon market data and mitigating the risk of double-counting of credits.
Programs engaged with the Meta-Registry span national programs, sub-national programs, international CORSIA-approved standards and domestic voluntary programs, including: Acre Carbon Standard, Global Carbon Council, Gold Standard, Plan Vivo Foundation, Papua New Guinea, UK Peatland Code, UK Woodland Carbon Code and Verra. In early 2022, the Meta-Registry will expand to offer exchange connectivity to connected programs and standards. The Meta-Registry is accessible at metaregistry.ihsmarkit.com.
"There is tremendous momentum in the global carbon markets," said Kathy Benini, head of Environmental Solutions, IHS Markit. "The global carbon meta-registry reduces the risks related to double-counting, while providing critical infrastructure and seamless connectivity among markets and their participants to further enable the growth of these vital markets."
"Trust is critical to the future of carbon markets," said Jose Gondim Santos of the Acre Carbon Standard. "By providing connectivity and transparency, the Meta-Registry will greatly benefit our program and the markets more broadly."
As previously announced, IHS Markit has formed a Carbon Meta-Registry Advisory Board with leading experts from the public and private sectors and NGOs tasked to guide and inform the development of the platform to meet wider industry needs. The Advisory Board includes representatives from:
- Programs/Standards: Global Carbon Council, Gold Standard, Plan Vivo Foundation, REDD.plus, UK Peatland Code, UK Woodland Carbon Code and Verra
- Governments: Acre (Brazil), British Columbia (Canada), Jalisco (Mexico) and Peru
- NGOs/Industry associations: Conservation International, Environmental Defense Fund and the International Emissions Trading Association (IETA)
- Private sector: Abaxx Exchange, Bank of America, Bluesource, CBL Markets, Chevron, DBS Bank, Equinor, Goldman Sachs, Hartree Partners, Ludovino Lopes Advogados, Macquarie Group, MEXICO2, Microsoft, Standard Chartered Bank, TD Bank, Temasek and TMX Group
The World Bank is participating on the Advisory Board as an observer.
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IHS Markit's Environmental RegistryCredentials
IHS Markit has designed and developed greenhouse gas registries and auction infrastructure for governments in the Americas, EMEA and APAC. Its?Environmental Registry for carbon, water and biodiversity credits has provided full tracking for the lifecycle of more than 350 million credits across over 30 compliance and voluntary programs.
About IHS Markit (www.ihsmarkit.com)
IHS Markit (NYSE: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world's leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.
IHS Markit is a registered trademark of IHS Markit Ltd. and/or its affiliates. All other company and product names may be trademarks of their respective owners © 2021 IHS Markit Ltd. All rights reserved.
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