Platts to launch Blue Carbon CARBEX, powered by Viridios AI July 1

Following market consultation, Platts, part of S&P Global Commodity Insights, will launch July 1, 2022 a new CARBEX carbon credit index with its partner Viridios AI, a technology company that has built intelligence technology to bring pricing transparency to the emerging environmental commodity space.

This new CARBEX, which will join the six existing Platts-Viridios CARBEX indices published by Platts, will reflect the value of voluntary carbon credits from Blue Carbon projects.

Platts first began publishing the CARBEX indices on Aug. 23, 2021 in order to enhance market transparency in the complex voluntary carbon credit and co-benefit markets. The launch note is available here: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/082321-platts-launches-six-new-carbon-credit-indices-powered-by-viridios-ai

Co-benefits are terms attached to carbon credits that provide evidence of meeting the 17 Sustainable Development Goals, or SDGs, as defined by the United Nations General Assembly.

The new Blue Carbon CARBEX will reflect projects that focus on preservation and improvements to costal and marine ecosystems that act as important carbon sinks around the world. This index will include activities that preserve and/or restore coastal and marine ecosystems including mangroves, seagrass meadows, and tidal marshes, and include the following SDGs:

• Climate Action (13)
• Life Below Water (14)

The Blue Carbon CARBEX will be standard-neutral, global and reflect current year vintage and delivery.

Please send any further feedback, comments and questions to Platts_Carbon@spglobal.com and pricegroup@spglobal.com.

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