Announcements & Press Releases

The World Bank announced its Engagement Road map for High-Integrity Carbon Markets, which seeks to expand transparent and inclusive carbon markets that benefit developing countries first.

The World Bank, along with the International Emissions Trading Association (IETA) and the government of Singapore, launched a new carbon credit platform “CAD Trust” to clean up the market and integrate several registries.

The World Bank and partners including Singapore launched a global tracking system to clean up the opaque market for carbon credits and help developing countries raise much-needed climate finance quickly and more cheaply.

The International Emissions Trading Association (IETA), the World Bank and the Government of Singapore announced the launch of the Climate Action Data Trust (CAD Trust), and that initial integration and connection with several major registries is underway.

The International Emissions Trading Association (IETA), the World Bank and the Singapore government have launched the Climate Action Data Trust (CAD Trust), a platform to share information about carbon credits and projects.

The World Bank, in partnership with the government of Singapore and the International Emissions Trading Association (IETA),launched the Climate Action Data Trust (CAD Trust) at IETA’s Asia climate summit in Singapore.

The Straits Times published an article announcing the official launch of The Climate Action Data Trust (CAD Trust).

The International Emissions Trading Association (IETA) reveals information on the upcoming Climate Action Data Trust (CAD Trust) launch. This decentralized metadata system can link, aggregate, and harmonize all data from major carbon market registries.

The Financial Times published an article announcing the launch of The Climate Action Data Trust (CAD Trust) in December.

Interview with Carbon Pulse on the Climate Action Data Trust (CAD Trust). The World Bank will launch the Climate Action Data Trust (CAD Trust), a decentralized metadata layer for operational use to enable end-to-end offset data sharing and transparency for carbon markets.

Interview with Carbon Pulse on the Climate Warehouse

The Financial Times published an Article covering the Climate Warehouse work on its Moral Money newsletter.

The World Bank and Japan's Ministry of Environment announced a collaboration on the Joint Crediting Mechanism, to support the establishment of climate markets and carbon pricing, through the Bank’s programs such as Partnership for Market Readiness successor program, Innovate4Climate, Carbon Pricing Leadership Coalition, and Climate Warehouse.

The World Bank is supporting Chile’s Ministry of Energy to achieve low-emission energy sector goals, provide a replicable framework for generating mitigation outcomes, and demonstrate the important role climate markets will play under Article 6 of the Paris Agreement.

The MDB Vice-Presidents and Senior Directors agreed to establish an MDB Working Group (WG) to support the design and operationalization of Article 6 during the IMF-WBG Annual Meetings in October 2017. Announcement and joint statement are published here.

The Government of Spain announced its support for the World Bank’s Climate Warehouse program at the Innovate4Climate conference.