Open data platform launched to harmonise voluntary carbon market
"By breaking down barriers between data standards, we can unlock the full potential of carbon markets to drive meaningful climate action."
A group of 30 businesses, non-profits and public sector organisations have jointly launched the Carbon Data Open Protocol (CDOP) to standardise carbon project and carbon credit data.
Recognising that the lack standardised information and definitions keeps collaboration and data sharing across voluntary carbon market stakeholders fragmented and expensive, the group – led by co-chairs The Global Carbon Market Utility (GCMU), Sylvera, RMI and S&P Global Commodity Insights – aims to improve harmonise data with the goal of “dramatically scaling carbon markets”.
