Climate Action Data Trust offers a blockchain‑based metadata platform that aggregates and standardizes data from all major carbon credit registries, creating an immutable, publicly accessible record of issuance, transfer, and retirement events. This unified data layer enables regulators, auditors, and market participants to verify offset integrity, prevent double counting, and meet reporting requirements such as Article 6 of the Paris Agreement.
Funding
Funding not disclosed
Founders
Product
Problem
Carbon credit markets are fragmented across multiple voluntary and compliance registries, leading to opaque data, inconsistent reporting, and a high risk of double counting carbon offsets.
Solution
Climate Action Data Trust (CAD Trust) provides a decentralized, blockchain‑based metadata platform that links, aggregates, and harmonizes data from all major carbon credit registries. By establishing a common data taxonomy and an immutable ledger of issuance, transfer, and retirement events, the platform offers transparent, publicly accessible records of carbon credit lifecycles. This open data layer supports compliance with Article 6 of the Paris Agreement, simplifies reporting, and enables market participants to verify the integrity of offsets. The system is open‑source and designed for integration with existing registry APIs, allowing both public and private services to build on a trusted, single source of truth for carbon market activity.
Target Audience
Primary users include carbon registries, governments, compliance auditors, and private sector entities that issue, trade, or report on carbon credits, as well as developers building climate‑finance applications that require reliable, standardized carbon market data.
Features
- Decentralized metadata layer using blockchain to create an immutable record of carbon credit transactions
- Unified data taxonomy that reconciles information across voluntary and compliance registries
- Real‑time visibility of offset lifecycle events (issuance, transfer, retirement) to prevent double counting
- Open‑source architecture with APIs for easy integration into compliance reporting, trading platforms, and benchmarking tools
- Public dashboard that surfaces adjustment procedures, market‑operator (MO) status changes, and audit trails for all registered credits
- Support for Article 6 reporting requirements, facilitating cross‑border carbon credit accounting and verification