UK based Global Carbon Registry Limited has launched its new website at www.globalcarbon.co with registry operations based across London, USA and Australia.
Set up to meet the ever-increasing demand of global project proponents seeking to monetise their environmental activities via the Voluntary Carbon Markets, coupled with the declining standards of existing registries, Global Carbon Registry works to remove the barriers of entry and facilitate access to the global voluntary carbon markets. Their partnership with CTX means low set fees for the administration and management of registry accounts. This is complemented by having ZERO fees for listing, transferring and/or retiring carbon offsets, achieved by the fully integrated and electronic interface with the CTX spot trading platform.
Carbon Trade eXchange’s longstanding Global Head of Sales, Mano Lavan has transitioned to GCR as Managing Director (Europe, Asia and Africa) He is joined by the legendary Carol Pepper as Managing Director (North and Latin America). Carol is a highly respected veteran of the Family Office investment sector and the founder of Family Office Carbon in the USA, with a stellar media profile.
With its first Carbon Credits issued and listed onto CTX, Global Carbon Registry have a solid pipeline of new projects engaged with Technology, Renewables and Waste to Energy, plus Methane related projects.
Land and Nature Based projects will be referred to CTX’s strategic partners at BioCarbon Registry. While GCR will accept ‘conversions’ of projects from other Credit Standards – such as CDM – that have lodged documents or had approval or even issued credits. The process to cancel issued credits in favour or Global Carbon Credits is virtually the same as other major credit standards doing this.
Account Fees are set at £300 per annum with a Project Review Fee of £200 for each potential project. Once the independent monitoring, validation and verification has bee completed, there is a £500 Project Registration Fee. The issuance fees range from £0.08 (8 pence) for small projects, up to 100k credits, and just 5 pence per credit for 1 mil+ per year issuances. GCR will accept previously submitted documents from other registries for its initial project review, such as Project Design Document (PDD) and Monitoring and Verification Reports from qualified and legitimate 3rd party MRV sources.
As the need for greater supply of High-Quality Carbon Credits is apparent, many new projects have seen huge delays in some Registries – up to 2-3 years in some cases. GCR aims to break the status quo and make huge inroads into this rapidly growing sector, but before you ask – no GCR won’t be doing tokenisation.
As some of the recent Crypto catastrophes have proven, any technology is only as secure as its operators, so rather than try to fluff up the market with another ‘blockchain’ play, this technology is supported by the best of breed security in Microsoft Azure – which was chosen as the technology infrastructure requirement for the Australian Governments new environmental registry
Reach out via the website or email us at info@globalcarbon.co and work together to get our planet healthier.
CTX Members – if you have any questions, please email operations@ctxglobal.com.