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New data analysis agreement to offer insights into carbon market development
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New carbon markets data platform launched to ensure transparency and integrity in growing voluntary markets
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New carbon markets data platform launched to ensure transparency and integrity in growing voluntary markets
April 27, 2021 15:15 ET | Source: Forest Trends Forest Trends Washington, District of Columbia, UNITED STATES
Washington DC, April 27, 2021 (GLOBE NEWSWIRE)
Today Forest Trends’ Ecosystem Marketplace, a nonprofit globally recognized leader in fostering voluntary carbon markets’ transparency, launched a powerful new data platform for tracking and analyzing carbon markets and voluntary offsetting by corporations, governments, non-profits, individuals, among others.
The Ecosystem Marketplace (EM) Global Carbon Hub’s Data Intelligence & Analytics Dashboard provides carbon offset transactions, deliveries, issuances, and retirements data and analysis. EM’s unique dataset of pricing and volumes data comes from an international network hundreds of carbon market participants reporting to the EM Global Carbon Survey
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Agricultural carbon markets exist through privately and publicly owned companies with aim to reduce carbon emissions through trade of carbon units sequestered at the farm level. The sale of carbon credits presents an opportunity for farmers to receive financial benefits from changing to more environmentally beneficial agricultural practices, although carbon prices may not currently be high enough to cover the cost of switching practices.
Information about carbon markets can be challenging to navigate because each company typically has a different structure for payments, verification, and data ownership. This article provides a brief background about carbon markets, information about the breakeven price for carbon sequestration practices, and some questions for farmers to consider about selling carbon credits.