Global Carbon Council to acquire Global Carbon Registry

The Global Carbon Council International – the carbon credit and sustainable development programme – and Global Environmental Markets (GEM) have partnered to acquire a fully integrated carbon registry solution known as the Global Carbon Registry (GCR). This registry marks a new era in reporting Article 6.2 credits known as Internationally Transferred Mitigation Outcomes (ITMOs), and further develops voluntary carbon market solutions, offering a host of features designed to streamline transactions and provide an unparalleled user experience. With the Global Carbon Registry, governments and countries can find their home for launching their own National Carbon Registries. This partnership offers a tailor-made package of service and technology solutions, based on Global Carbon Council’s expertise and framework, to meet the diverse needs of countries in setting up their own registry.

Global Carbon Council to acquire Global Carbon Registry

The Global Carbon Registry will deliver more efficient transactions, by supporting the entire spectrum of carbon market transactions, including credit issuance, transfers and retirements, enabling a seamless and efficient process for carbon market participants.

Additionally, the registry establishes seamless connections with external exchanges, enhancing accessibility and facilitating a broader market reach, and is equipped with a benchmark public interface that aligns with CORSIA requirements, to ensure regulatory compliance for market participants.

“Today, our collaboration with Global Environmental Markets Group reflects a culminating point in the acquisition of the cutting-edge Global Carbon Registry,” said Global Carbon Council founding chairman Dr Yousef Alhorr.

“It represents a significant leap forward in seamlessly integrating carbon credit certifications and insurance,” he said. “Our partnership not only revolutionizes the issuance of carbon credits but also empowers nations to shape their own registries, influencing the very structure of carbon markets.”

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