How the registry
works
Registration of ISO 14064-2:2019 certified projects
The Registry only accepts projects that have been validated and verified according to ISO 14064-2:2019, with measurable benefits in CO2eq. avoided and/or absorbed and able to support biodiversity conservation.
NCCUs
traceability
Thanks to the blockchain technology, credits and each of their transactions are tracked on the Registry, from purchase to retirement, allowing to monitor every single step that has taken place.
Purchase and
retirement
Buyers can purchase credits ex-ante and ex-post, with the option of retiring them within 12 months from the date of purchase. Only end-buyers are allowed to purchase and retire credits.
Security and transparency with blockchain technology
- The Registry adopts the blockchain technology for high
transactions
security and traceability. - Each Natural Capital Carbon Unit is transformed
into a semi-fungible token
(SFT) on the blockchain,
which ensures data
immutability. - Each token can be traced
back to its owner and every transaction
that has taken
place.
Projects’ Programs
According to ISO 14064-2:2019, proposed projects must belong to a
reference program. Programs define the scope of applicability of the projects, outlining the planned activities and defining their boundaries.
Projects proposed under a given program must therefore refer to the selection criteria, the planned timeline and milestones, and the methods for data collection.
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