- New registry will integrate Verra’s project hub with S&P Global’s Environmental Registry to boost transparency and efficiency
- First phase expected in six months, with full rollout in 2026
- Collaboration aims to strengthen trust, scalability, and interoperability in carbon markets
Verra, the world’s largest greenhouse gas standards body, is partnering with S&P Global Commodity Insights to build a next-generation carbon registry designed to streamline, digitize, and integrate carbon markets at scale.
“This is a technological and strategic transformation for Verra. We’re building the infrastructure required for a robust and resilient carbon market: one that is agile, smarter, and better connected, starting with the registry,” said Mandy Rambharos, chief executive officer of Verra. “Registries are the backbone of the carbon market, tracking the issuance, transfer, and retirement of all credits.”
The registry will be powered by S&P Global’s Environmental Registry software, which enables credit traceability, centralized documentation, and automated transfers. It will also connect with the Meta Registry® to expand interoperability across platforms.
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“This is a defining moment for the future of carbon markets and the advancement of energy transition and climate goals,” said Leanne Todd, head of energy transition, sustainability and services at S&P Global Commodity Insights. “Our alliance sets the stage for tangible benefits of improved transparency, credibility, and credit tracking efficiency.”
Key features of the rollout
- Two-phase launch: A foundational version will be released in the next six months, followed by a second phase in 2026.
- Integrated lifecycle tools: Project proponents will be able to move from registration through issuance more efficiently.
- Digitized transactions: APIs will allow for automated transfers and retirements, supporting high-volume trading across brokers and exchanges.
- Enhanced reporting: Buyers will gain access to project-level data and credit histories with customizable tools.
- Future-ready design: Built to support Article 6, CORSIA, and integration with governments, markets, and insurers.
Verra will provide training and dedicated support to registry users ahead of the transition, with more details expected in September.
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