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IHS Markit to Launch Global Carbon Credit Meta-Registry


IHS Markit to Launch Global Carbon Credit Meta-Registry
Meta-Registry Advisory Board to provide governance and best practice advice
IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced its intention to launch the first global meta-registry aimed at providing transparency and efficient tracking, accounting and trade lifecycle management of carbon credits.
As part of this launch, the Carbon Meta-Registry Advisory Board has been formed with leading experts from the public and private sectors and NGOs. The Advisory Board is tasked to ensure the IHS Markit Meta-Registry delivers on its objectives and meets the wider industry needs. The Advisory Board at launch includes representatives from: ....

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IHS Markit to launch global online ledger for carbon credits


James Langton
Financial data firm IHS Markit is seeking to create a single “meta” registry for global carbon credits.
Later this year, the firm will launch a registry that uses distributed ledger technology to create a global online ledger for carbon credits.
By connecting the world’s carbon markets and registry systems, the meta registry aims to provide “transparency and efficient tracking, accounting and trade lifecycle management of carbon credits,” according to a release.
Among other things, the registry is designed to reduce the risk that credits are counted twice in different markets.
“Carbon markets are a vital mechanism that allow companies and countries to meet their net-zero emissions commitments,” said Kathy Benini, head of environmental solutions at IHS Markit, in the release. ....

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