Free Platform Brings Transparency to Carbon Markets Through Verified Data
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📰 The quick summary: A new free platform called Carbon Removals and Offsets Monitor has launched to bring transparency to global carbon markets by aggregating verified data on transactions and market trends.
📈 One key stat: The platform tracks deal flow and pricing across engineered and nature-based carbon solutions, tackling a major challenge in climate finance where data has been fragmented and incomplete.
💬 One key quote: “This monitor is a big leap forward in making carbon markets transparent and trustworthy,” stated Arpit Soni, Head of Product Design at cCarbon.
1️⃣ The big picture: California-based climate intelligence firm cCarbon has introduced a groundbreaking tool aimed at bringing clarity to carbon markets worldwide. Their new Carbon Removals and Offsets Monitor (CROM) provides comprehensive visibility into transactions across both engineered and nature-based carbon solutions by aggregating verified data from registries and trusted sources. The platform specifically addresses the problem of fragmented data in climate finance, which has historically hindered market growth. With this free, open-access platform, investors, corporations, and policymakers can now analyze market activity through interactive tools that enable strategic decision-making.
2️⃣ Why is this good news: The platform democratizes access to critical carbon market information by making it freely available to all stakeholders. By centralizing verified data from multiple sources, it creates a single source of truth that can help build trust in an emerging market often criticized for opacity. Market participants can now make more informed decisions with comparative views between project types and detailed insights into pricing trends. This transparency can accelerate investment into credible climate solutions by reducing information barriers and enabling proper benchmarking. Ultimately, the tool lays groundwork for a more efficient carbon market that can scale meaningful climate action.
3️⃣ What’s next: CROM marks just the beginning of cCarbon’s tools to support high-quality carbon removals. Their next product will debut at the Carbon Removal Investment Summit in London on June 3rd. This upcoming tool will offer strategic benchmarking on companies in the carbon removal space, including their technologies and market positioning.
Read the full story here: Carbon Herald – cCarbon Launches Free Platform To Boost Transparency In Carbon Markets
