HomeCarbon CreditsNASDAQ's Puro.earth Launch Carbon Registry

NASDAQ’s Puro.earth Launch Carbon Registry

Puro.earth launched Puro Registry, a public registry dedicated to carbon removal and CO2 Removal Certificates (CORCs).

Puro.earth is a B2B marketplace, standard, and registry focused solely on verifiable carbon removal. The platform currently provides carbon removal services to some of the world’s leading corporations, including Shopify, Microsoft and others.

On the Puro Registry individuals can view CORCs that have been retired.

Retirement occurs when a beneficiary makes a net-zero or carbon neutrality claim that is supported by the CORCs’ carbon sequestration properties.

Carbon sequestration is when carbon has been captured from the atmosphere and stored in a durable carbon sink.

Marianne Tikkanen, Head of Carbon Removal Supply at Puro.earth commented:

The carbon market is evolving quickly, but it lacks transparency – which is paramount for trust”.

During the transition period from carbon offsets to removals, it is the media and the general public that will validate the truthfulness of corporate claims. Now you can go to registry.puro.earth and verify these claims for yourself by searching for corporates that have made carbon removal claims based on CORCs,”

Nasdaq last year announced it had acquired a majority stake in the company.

Most Popular
LATEST CARBON NEWS

Iberdrola Announces $45 Billion Investment Plan in US Power Grids

Spain’s leading power company Iberdrola has announced a staggering $45 billion investment in US power grids, bolstering energy infrastructure in the country for the...

World Bank Pays Vietnam Over $51 Million in Carbon Credits

Vietnam has achieved a significant milestone in its efforts to combat climate change, receiving a payment of over $51 million for verified emissions reductions,...

Texas Withdraws $8.5 Billion from BlackRock Over ESG Investing

The decision by the Texas State Board of Education to terminate its investment partnership with BlackRock has reignited the debate surrounding Environmental, Social, and...

Taiwan Sets Massive Target of 700K-Ton Blue Carbon Reserve by 2030

Coastal ecosystems primarily the mangroves, seagrass meadows, and tidal marshes offer sustainable ecosystem services like protecting the coastal areas and nursery of marine species...
CARBON INVESTOR EDUCATION

What Is COP28? Key Issues to Watch Out at 2023 Climate Summit

After a record-breaking year of devastating effects of climate change, from record wildfires in Greece and Canada to floods in Libya, the United Nations...

Climate Disclosure: New Corporate Standards for a Net Zero World

As part of the world’s continued efforts to combat climate change and transition towards net zero, one important piece of the puzzle is new...

Carbon Pricing: Understanding The Economics and Trends of Fighting Climate Change

As global temperatures continue to rise, the urgency surrounding climate policies has intensified, thrusting carbon pricing into the limelight of climate discussions. The race to...

The EU Corporate Sustainability Reporting Directive (CSRD): Key Things to Know

Companies operating in the European Union will have to deal with new non-financial and sustainability reporting requirements starting January 2024 with the EU's Corporate...