Data and analytics firm IHS Markit announced on Tuesday its intent to launch the first global meta-registry for promoting liquidity and transparency in carbon markets, as well as lowering the risk of double counting or double claiming of credits.
Bluesource joins the Carbon Meta-Registry Advisory Board as the only carbon offset developer, alongside Bank of America, CBL, Conservation International, Microsoft, Environmental Defense Fund, Verra, Goldman Sachs and more leading experts in our space.
We are excited to see the world come together recognizing how important carbon markets are and the role they play in our future. With the proliferation of new carbon trading exchanges and initiatives attempting to commoditize carbon credits, we believe it’s worthwhile to explore bringing additional efficiency to the market and a meta-registry could be one tool in the toolbox.
As the largest developer of voluntary carbon projects in North America, we have 20 years of experience with numerous registries and platforms for trading carbon credits. We know what works well and what doesn’t, and we hope our input to the process can bring added value as this meta-registry initiative develops.