Carbonplace is a global carbon credit transaction network that enables the simple, transparent, and secure transfer of certified carbon credits.
Established by a group of banks committed to driving climate action at scale, Carbonplace is a crucial piece of infrastructure that will open the voluntary carbon market to the world.
The infrastructure of the voluntary carbon market is not designed to keep pace with the rapidly growing demand for carbon credits.
Carbonplace’s blockchain-enabled distributed ledger technology combined with the existing compliance frameworks of Carbonplace’s founding member banks, will enable the accessibility, trust and transparency required for the voluntary carbon market to scale up and drive large-scale investment for urgently needed global climate action.
We will be partnering with registries, exchanges, and marketplaces that adhere to internationally-recognized standards (e.g., Verra, Gold Standard, CAR, ACR, etc.) and eventually those adhering to the Integrity Council’s Core Carbon Principles.
Here at Carbonplace, we believe in real, market-driven climate action, not greenwashing. Organizations should be using carbon credits as part of a larger, credible climate strategy.
Global demand for voluntary carbon credits is expected to increase fifteenfold by 2030 and hundredfold before 2050.
Resilient, flexible and modern infrastructure that ensures access, trust, and transparency is essential for the voluntary carbon market to grow, and in turn drive investment in projects that avoid, reduce, and remove as many greenhouse gas emissions as possible as quickly as it can.
The instant, secure, and traceable settlement of carbon credit transactions via a secure, distribution network, like Carbonplace, is a linchpin in scaling the voluntary carbon market.
The voluntary carbon market is consistently growing due to increased demand; however, like any market, it is subject to fluctuations depending on various factors, including geopolitical events.
No. Carbonplace will only provide access to voluntary carbon credits.
All market participants, including exchanges and marketplaces, benefit from increased access to the voluntary carbon markets. This results in greater price certainty and transparency.
Carbonplace will be open to financial institutions, exchanges, marketplaces, and registries looking to use more efficient settlement systems, as well as companies who want to buy and transfer carbon credits directly and securely.