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In recognition of the fact there are many excellent climate change projects not yet certified to standards such as the Voluntary Carbon Standard or ISO 14064-2, the GLOBE Carbon Registry provides a facility to display the custom standard to which an offset has been validated and verified. By clearly exhibiting all requirements for a project standard, customers in the marketplace are enabled to make informed decisions in selecting the offsets and the projects they wish to support. The GLOBE Carbon Registry will ensure market integrity by issuing a unique serial number to each posted offset, avoiding double counting and allowing chain of custody control from creation to retirement. A Driving Force to Address Climate ChangeThe voluntary carbon market presents a powerful mechanism for addressing climate change. Through stimulating innovation and encouraging action throughout many parts of the economy, GHGs can be excluded from the atmosphere while setting the technological, financial and educational pre-conditions for avoiding dangerous human-made climate change. In creating a mechanism for displaying quality offset projects of all types, third-party validated and verified to a transparent standard, and tracking these offsets through the chain of custody, the GLOBE Carbon Registry will build trust in carbon offsetting and allow full realization of the potential of the voluntary carbon market. Registering ProjectsRegistering a project will involve submission of a project description, indication and explanation of the GHG quantification standard met, and the name and qualifications of their verifier. Validation and verification statements must conform to the requirements of their standard and list how many tonnes of CO2e offsets are being generated under each verification. Registered tonnes will each be given a unique serial number that is tracked on the registry through each transfer of ownership and finally retired against an end-user's emissions. This transparent process allows all parties to oversee the integrity and accountability of registered offsets. In the case that a registrant wishes to use a custom standard, the GLOBE Registry provides the ideal venue to display the requirements and benefits of such a frame-work. Though the registry reserves the right to screen standards and projects for completeness, it will work to provide a broad showcase that enco urages diversity and innovation of quality projects in the voluntary carbon market. Call for inputThe GLOBE Carbon Registry would like stakeholder input on the creation and design of the registry. Please share your suggestions and guidance at stakeholders@globecarbonregistry.com |
![]() THE GLOBE
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