What role do the various carbon registries and standards bodies play?
The main internationally-recognized standards bodies are the American Carbon Registry (ACR), Climate Action Reserve (CAR), Gold Standard (GS) and Verra. Each organization maintains a standard that provides guidelines for new and existing carbon projects and approves methodologies for specific project types. The standards bodies also act as registries, commonly referred to as tracking systems, enabling […]
- The main internationally-recognized standards bodies are the American Carbon Registry (ACR), Climate Action Reserve (CAR), Gold Standard (GS) and Verra. Each organization maintains a standard that provides guidelines for new and existing carbon projects and approves methodologies for specific project types.
- The standards bodies also act as registries, commonly referred to as tracking systems, enabling project owners to publicly share project documents, issue and transfer credits, and for end-users to retire credits.
- Registries play a critical role in maintaining a credible market and transparently documenting credit issuances and retirements.
