Platts to launch Decarbonization Index, Feb 19

Platts, part of S&P Global Commodity Insights, will launch the Platts Decarbonization Index effective Feb. 19, 2024.

The daily index will represent the theoretical cost to offset emissions using credits from a basket of sought-after classifications within the Voluntary Carbon Market.

The index will use a weighted average of some of Platts key price assessments, spreads and differentials for the Voluntary Carbon Market. The index will be weighted basis annual retirements data, reviewed each year once latest information is available.

The index components and their respective weightings will be as follows:

The Household Devices input will consider Platts Household Devices Current Year assessments—which have a reference base of Gold Standard-certified Cookstove credits—plus the differential for credits originating from projects in less-developed countries.

The Nature-Based Avoidance input will consider Platts Nature Based Avoidance Current Year assessment as well as vintage spreads for the three most recent vintage years.

The daily index will be published in $/mtCO2e on Platts Live.

Platts originally proposed to launch the Decarbonization Index on Feb. 7, in subscriber note available here. https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/020724-platts-proposes-to-launch-decarbonization-index-feb-19

Details of Platts full suite of carbon assessments can be found here.

https://www.spglobal.com/commodityinsights/PlattsContent/_assets/_files/en/our-methodology/methodology-specifications/method_carbon_credits.pdf

Please send any further feedback or questions to pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.