COUNTRY FOCUS : COLOMBIA
First-of-type platform aims to connect registries worldwide for tracking , easy Interaction and risk mitigation of double counting .
Colombia ’ s Cercarbono s Registry Connectivity Pl S & P Global Commodity
Mountains of the Colombian Andes
Colombia-based Cercarbono , a globally recognized standards-setting body that voluntarily registers and certifies greenhouse gas ( GHG ) reduction projects , has entered a participation agreement with S & P Global Commodity Insights to become the first to utilize S & P Global ’ s Meta Registry – an innovative first-of-type software and platform solution that enables environmental registries from around the world to connect seamlessly and better track , transfer and retire carbon credits and better mitigate risks of double counting of those credits .
“ Reaching climate goals is no small feat , and everything we can do to better arm the industry with information is vital . A groundbreaking connectivity tool like Meta Registry , which unites the registry community in one place and enhances visibility of projects and market appetite for credits , is a game changer ,” said Alex Saer , CEO , Cercarbono .
“ This solution aligns with Cercarbono ’ s innovative spirit and commitment to the integrity of environmental markets and we ’ re pleased to bring to the platform a registry of about 160 environmental projects .”
Launched in July , Meta Registry is a connectivity infrastructure technology designed to give carbon reduction programs insight into carbon credits liquidity and the ability to manage entire portfolios from one single platform . It does so by providing seamless out-of-the-box connectivity on a permissioned basis to participating programs ’ registry data , national registries ’ data , buyers and sellers of carbon-
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