Verra and S&P Global Commodity Insights to Advance Carbon Market Integration with Next-Generation Registry
S&P Global Commodity Insights (NYSE:SPGI) and Verra have announced a strategic collaboration to develop a next-generation carbon market registry. The partnership combines Verra's position as the world's leading climate action standards body with S&P Global's market infrastructure capabilities.
The new registry will be powered by S&P Global's Environmental Registry software and will launch in two phases - an initial phase within six months and a second phase in 2026. Key features include two-way data exchange with Verra Project Hub, expanded digitization, transaction-ready APIs for automated transfers, and improved transparency tools.
This infrastructure upgrade aims to enhance market integration, transparency, and efficiency in carbon credit trading while supporting Article 6 and CORSIA functionality.
S&P Global Commodity Insights (NYSE:SPGI) e Verra hanno annunciato una collaborazione strategica per creare un registro della carbon market di nuova generazione. La partnership unisce la leadership di Verra negli standard per l'azione climatica alla capacit脿 infrastrutturale di mercato di S&P Global.
Il nuovo registro sar脿 basato sul software Environmental Registry di S&P Global e verr脿 lanciato in due fasi: una prima fase entro sei mesi e una seconda nel 2026. Le caratteristiche principali includono scambio bidirezionale di dati con il Verra Project Hub, maggiore digitalizzazione, API pronte per le transazioni per trasferimenti automatizzati e strumenti migliorati di trasparenza.
Aggiornando l'infrastruttura, l'obiettivo 猫 favorire una migliore integrazione del mercato, maggiore trasparenza ed efficienza nel trading dei crediti di carbonio, supportando al contempo le funzionalit脿 di Article 6 e CORSIA.
S&P Global Commodity Insights (NYSE:SPGI) y Verra han anunciado una colaboraci贸n estrat茅gica para desarrollar un registro de mercado de carbono de nueva generaci贸n. La asociaci贸n combina la posici贸n de Verra como organismo l铆der en normas de acci贸n clim谩tica con las capacidades de infraestructura de mercado de S&P Global.
El nuevo registro estar谩 impulsado por el software Environmental Registry de S&P Global y se lanzar谩 en dos fases: una inicial en seis meses y una segunda en 2026. Sus caracter铆sticas clave incluyen intercambio de datos bidireccional con Verra Project Hub, mayor digitalizaci贸n, APIs listas para transacciones para transferencias automatizadas y herramientas de transparencia mejoradas.
Esta actualizaci贸n de infraestructura pretende mejorar la integraci贸n del mercado, la transparencia y la eficiencia en el comercio de cr茅ditos de carbono, al tiempo que respalda las funcionalidades de Article 6 y CORSIA.
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S&P Global Commodity Insights (NYSE:SPGI) et Verra ont annonc茅 une collaboration strat茅gique pour d茅velopper un registre de march茅 du carbone de nouvelle g茅n茅ration. Le partenariat associe la position de Verra comme organisme de r茅f茅rence pour les normes climatiques aux capacit茅s d'infrastructure de march茅 de S&P Global.
Le nouveau registre sera propuls茅 par le logiciel Environmental Registry de S&P Global et sera d茅ploy茅 en deux phases : une premi猫re phase d'ici six mois et une seconde en 2026. Les caract茅ristiques principales incluent un 茅change de donn茅es bidirectionnel avec le Verra Project Hub, une num茅risation renforc茅e, des API pr锚tes pour les transactions pour les transferts automatis茅s et des outils de transparence am茅lior茅s.
Cette modernisation de l'infrastructure vise 脿 am茅liorer l'int茅gration du march茅, la transparence et l'efficacit茅 des 茅changes de cr茅dits carbone, tout en prenant en charge les fonctionnalit茅s Article 6 et CORSIA.
S&P Global Commodity Insights (NYSE:SPGI) und Verra haben eine strategische Zusammenarbeit zur Entwicklung eines Carbon-Markt-Registers der n盲chsten Generation angek眉ndigt. Die Partnerschaft verbindet Verra als f眉hrende Organisation f眉r Klimaschutzstandards mit der Marktinfrastrukturkompetenz von S&P Global.
Das neue Register wird durch die Environmental Registry-Software von S&P Global betrieben und in zwei Phasen eingef眉hrt 鈥� eine erste Phase innerhalb von sechs Monaten und eine zweite Phase im Jahr 2026. Zu den Kernmerkmalen z盲hlen der bidirektionale Datenaustausch mit dem Verra Project Hub, eine erweiterte Digitalisierung, transaktionsbereite APIs f眉r automatisierte 脺bertr盲ge und verbesserte Transparenz-Tools.
Das Infrastruktur-Upgrade zielt darauf ab, die Marktintegration, Transparenz und Effizienz beim Handel mit CO2-Zertifikaten zu steigern und gleichzeitig die Funktionalit盲ten f眉r Article 6 und CORSIA zu unterst眉tzen.
- Strategic partnership between two industry leaders in environmental markets
- Implementation of advanced technology for improved market efficiency and transparency
- Automated processes to replace manual operations, enabling high-volume trading
- Enhanced infrastructure supporting future innovations and market expansion
- Extended implementation timeline with full functionality not available until 2026
- Potential transition challenges for existing registry users requiring additional training
Insights
S&P Global's new partnership with Verra creates strategic positioning in the growing carbon market infrastructure space.
This strategic partnership between S&P Global Commodity Insights and Verra represents a significant expansion of S&P's position in the environmental commodities infrastructure space. As the carbon market continues to mature, the registry infrastructure that underpins it becomes increasingly valuable.
The collaboration brings together Verra, which oversees approximately 70% of all voluntary carbon credits globally, with S&P Global's technical capabilities. This positions S&P Global as a critical infrastructure provider in a growing market segment with strong long-term tailwinds from climate policy and corporate net-zero commitments.
From a business perspective, this represents S&P Global's continued diversification beyond traditional financial data services into climate and sustainability infrastructure. The Environmental Registry software, which will power this new system, adds a recurring revenue stream with relatively high switching costs once implemented.
The phased implementation approach (first phase within 6 months, second in 2026) indicates a thoughtful rollout that should minimize disruption risk. The emphasis on API connectivity and integration suggests S&P Global is building an ecosystem that could generate network effects and create additional revenue opportunities through value-added services.
For S&P Global investors, this partnership enhances the company's environmental credentials while establishing it as a key technology provider in carbon markets鈥攁n area expected to see substantial growth as climate policies tighten globally. The agreement strengthens S&P Global's competitive positioning in the rapidly evolving sustainability data and infrastructure space.
World's Largest GHG Standards Body Collaborates with the World's Leading Commodities Information and Registry Infrastructure Provider
The collaboration between Verra, the world's leading standards body for climate action and sustainable development, and S&P Global Commodity Insights, the world's leading commodities and benchmark information provider, combines deep climate expertise with market infrastructure capabilities. Together, the two organizations will strengthen the integrity, accessibility, and performance of the carbon markets, including through a sophisticated new registry designed to = increase transparency and deliver greater value to market participants.
"This is a technological and strategic transformation for Verra," said Mandy Rambharos, Chief Executive Officer, 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. Registries are the backbone of the carbon market, tracking the issuance, transfer, and retirement of all credits. Given this, the infrastructure underlying registries must always parallel higher integrity demands, greater scale, and more complex digital requirements. Our partnership with S&P Global Commodity Insights ensures we're doing just that, grounded in a solid foundation with the right partner."
The sophisticated new registry will be powered by S&P Global Commodity Insight's customizable, registry-build infrastructure software . This technology incorporates quality standards, centralizes verification documentation, provides unique identification and traceability for carbon credits, and enables users to efficiently track and manage carbon, water, and biodiversity credits throughout their life cycles. 听
"This is a defining moment for the future of carbon markets and the advancement of energy transition and climate goals," stated Leanne Todd, Head of Energy Transition, Sustainability & Services, S&P Global Commodity Insights. "Integration of Verra into the Environmental Registry and Meta Registry庐 will further underpin these platforms as the foundation for a unified, transparent, community that can foster greater trust and growth in carbon markets. Our alliance sets the stage for tangible benefits of improved transparency, credibility, and credit tracking efficiency for customers seeking to advance carbon credit markets and better incentivize a future of lower greenhouse gas emissions."
The new registry, powered by S&P Global Commodity Insights, will roll out in two stages, with a foundational phase launching within the next six months and the second phase launching in 2026. This will deliver tangible improvements for every part of the market, including the following:
- Integration, and a two-way data exchange with, the听Verra Project Hub, enabling project proponents to prepare project documents and move through the full lifecycle (i.e., registration, monitoring, issuance) with less duplication and greater efficiency
- Expanded digitization and system connectivity, reducing administrative burden for developers and accelerating verification and credit issuance timelines
- Transaction-ready application-programming-interfaces (APIs) that allow for automated transfers and retirements, replacing manual processes and enabling frictionless, high-volume trading across brokers, exchanges, and marketplaces, including for existing connectivity to听CBL and Xpansiv Connect, ensuring no disruption for market participants who utilize these platforms
- Improved transparency and customizable reporting tools, giving buyers and other market participants better insight into project-level data and credit history
- Foundational infrastructure for future innovations, including expanded Article 6 and听CORSIA functionality and integration with various programs, governments, market participants, exchanges, insurers, and financial platforms.
Verra will provide dedicated support and training to all of its registry users in advance of the transition. Details on timelines, new access procedures, and system improvements will be shared in September.
Media Contacts: 听
Verra: Erdem Koch +971-589-656275 听[email protected] 听
S&P Global Commodity Insights: Kathleen Tanzy鈥�+ 1 917-331-4607,鈥�[email protected]
About Verra: Verra is a global leader helping to tackle the world's most intractable environmental and social challenges. As a mission-driven nonprofit organization, Verra is committed to helping reduce greenhouse gas emissions, improve livelihoods, and protect natural resources by working with the private and public sectors. We support climate action and sustainable development with standards programs and tools that credibly, transparently, and robustly assess environmental and social impacts and enable funding for sustaining and scaling up projects that verifiably deliver these benefits.
About S&P Global Commodity Insights:听At S&P Global Commodity Insights, our complete view of global energy and commodity markets enables our customers to make decisions with conviction and create long-term, sustainable value.鈥�
We're a trusted connector that brings together thought leaders, market participants, governments, and regulators and we create solutions that lead to progress. Vital to navigating commodity markets, our鈥痗overage includes oil and gas, power, chemicals, metals, agriculture, shipping and energy transition. Platts庐听products and services, including leading benchmark price assessments in the physical commodity markets, are offered through S&P Global Commodity Insights.鈥疭&P Global Commodity Insights maintains clear structural and operational separation between its price assessment activities and the other activities carried out by S&P Global Commodity Insights and the other business divisions of S&P Global.鈥�
S&P Global Commodity Insights is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and work铿俹w solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information visit .听
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SOURCE S&P Global Commodity Insights; Verra
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