CUSIP Global Services has rolled out a direct request mechanism for voluntary carbon market (VCM) registries to obtain identifiers.
EcoRegistry is the first platform to integrate this process, linking listed carbon projects to the specific alphanumeric codes that CSG provides. This initiative follows a partnership with BeZero Carbon to establish unique identifiers aimed at improving the traceability of environmental assets.
CGS EMEA regional head Darren Purcell said the foundation of every financial transaction is the ability to accurately and instantly identify the underlying asset and its core structure.
“By incorporating VCM CUSIPs into the core registration workflow, EcoRegistry is helping to set a new standard for transparency and institutional rigour in the VCM ecosystem,” Purcell said.
The system uses a nine-character format to capture unique attributes of carbon credit initiatives throughout their lifecycles.
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