ICR and BNZ Green Marketplace Announce Integration for Real-Time Carbon Trading

Today, the International Carbon Registry (ICR) and BNZ Green Marketplace announced a partnership that allows real-time carbon transactions through API integration.

Alondra Silva Munoz
Chief Marketing Officer
Published: 10:34 AM 30 May 2024

The initiative improves potential buyers and BNZ customers' access to carbon credits registered on CarbonRegistry.com. By doing this, the companies aim to enhance speed and transparency, enabling seamless transactions and real-time retirements for the full life cycle of carbon credits.

Enhancing Carbon Markets with Technology By integrating BNZ X’s innovative blockchain technology with CarbonRegistry.com existing infrastructure, this collaboration facilitates direct, immediate transactions, which are essential for scaling carbon markets to meet the Paris Agreement targets. The technology operates by improving speed and transparency, enabling seamless transactions and real-time for the entire life cycle of carbon credits.

This partnership is in line with our mission to enhance transparency and traceability of carbon credits. Facilitating the trading of credits seamlessly and streamlining the trading of carbon credits for enhanced accessibility for all stakeholders in the supply chain.” said Oli Torfason, COO of ICR.

The technology operates by improving speed and transparency, enabling seamless transactions and real-time for the entire life cycle of carbon credits.

Integrating with ICR will allow our buyers to access projects in a seamless manner, which enhances the dynamics within the market and fosters a more robust trading environment.", Dr. Neha Jain, Co-Founder of BNZ Green Technologies, stated.

About ICR and BNZ Green Marketplace ICR, headquartered in Reykjavik, leads in carbon credit registration and management, integrating blockchain for market efficiency. BNZ Green Marketplace, based in Mumbai, innovates environmental solutions via blockchain to improve the voluntary carbon market.

For more details, visit BNZ Green Marketplace website and CarbonRegistry.com

Published: 10:34 AM 30 May 2024