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Carbon Credit Trading Procedure

Carbon credit contracts for purchase or retirement are executed through over-the-counter (OTC) trading, involving direct engagement between the buyer and seller. Upon the completion of the transaction, the counterparty is responsible for documenting the transfer of ownership or the credit's cancellation within the BidCarbon registry.

In cases where the trading occurs on a BidCarbon Foundation-approved platform like the BidCarbon Marketplace, the counterparties are exempted from conducting ownership operations within the registry.

About the BidCarbon Registry


Here's a summary of the roles and responsibilities regarding the BidCarbon Standard Scheme, the BidCarbon Foundation, and the operational entities:

BidCarbon Standard Scheme:

Managed and operated by the BidCarbon Foundation.

Globally recognized carbon crediting program operating in compliance and voluntary carbon markets.

Develops science-based methodologies for activities reducing and removing GHG emissions in forestry and land use, energy, and industrial sectors.

BidCarbon Foundation:

Oversees and pioneers the BidCarbon Standard Scheme.

Responsible for setting standards, guidelines, and methodologies for carbon crediting programs.

Supervises the operations of the registry, auction, and marketplace.

Registry, Auction, and Marketplace:

Operated by Aunioncen Network Technology Company.

Tasks include managing the BidCarbon Registry, facilitating auctions, and operating the online marketplace.

Supervised by the BidCarbon Foundation to ensure adherence to established standards and guidelines.

In summary, the BidCarbon Standard Scheme is developed and maintained by the BidCarbon Foundation, and the operational aspects, including the registry, auction, and marketplace, are carried out by Aunioncen Network Technology Company under the supervision of the BidCarbon Foundation. This division of responsibilities helps ensure the effective functioning and integrity of the overall carbon crediting program.

A Trusted and Transparent GHG Registry

We operate a robust, secure and fully transparent registry system with reduction and removals projects to record the issuance, transfer and retirement of serialized, independently verified carbon credits.

Log In to your account

Registry

Start Process
BidCarbon Trade / Registry

Solutions

Solutions

Issued Credits

Issued Credits

Projects

Projects

Retired Credits

Retired Credits
submit stakeholder comments

Submit Stakeholder Comments

Canceled Credits

Canceled Credits
Buffer Pool Account Balance

Buffer Pool Account Balance

To open an account

All project developers, validation/verification bodies (VVBs), Audit & Assurance bodies (AABs), traders, and retailers must have an BidCarbon Registry Account. The process for opening an BidCarbon Registry Account is initiated online, with supplemental documentation submitted via email. Each organization that applies for an account will create a single Account Manager login, which will be activated if the application is approved by the BidCarbon Marketplace Administrator. The named Account Manager will then be able to create additional logins for other account users as needed.

Link to BidCarbon Registry Fee Schedule

The steps involved in the Account Opening process are listed below. You can find all the BidCarbon Registry account documents and the application forms within the steps below.

Please email marketplace@bidcarbon.org with any questions about this process and to submit new applications.

Supplemental Documentation

If submitting a document in a language other than English, it must be accompanied by a certified English translation.

Project Developer, Corporate Transaction, and Custodial account applicants must submit the following documents via email to marketplace@bidcarbon.org, using the subject line: “New Account Request – [Applicant Organization’s Name]”

A completed New Account Application Form

Account Manager Authorization: Using the Account Manager Authorization Template,  a Board resolution or signed letter from a corporate officer stating that the applicant has chosen to open an ACR account and the Account Manager named on the application is duly appointed and authorized.

Organizational Certificate: Required only for applicants that are not a publicly traded company, utility, or regulated financial institution: A certified copy of the applicant’s organizational certificate, e.g., Articles of Incorporation.

Validation/Verification Body (VVB) account applicants must submit an Application for Validation/Verification Body Approval and supplemental documentation named therein, as per the Verification/Assurance page on our website.

Review Registry Documents

Get acquainted with the relevant documents at the start to better understand the process.

BidCarbon Registry Linkage with BidCarbon Merketplace
Account Manager Authorization Templates
Terms of Use
Fee Schedule
Registry Operating Procedures
New Account Application Form
Account Change Request Form

Fee Schedule

Upon account approval, Project Developer, Corporate, Transaction and Custodial accounts will be invoiced for the Account Opening Fee, per the BidCarbon Registry Fee Schedule. Once the invoice is created, an automatically generated email notification with payment details is sent to the Billing Contact. All invoices are available online to review/download/print via the “Invoices” link under the “Account” section to the left when logged in to your account.

Identify the Account Manager within your organization.

Each applying organization will create a single Account Manager login during the application process. This login will be used for managing the BidCarbon Registry Account.

Activation Approval

The application is subject to approval by the BidCarbon Marketplace Administrator. If approved, the named Account Manager's login will be activated.

Contact Information

For any questions about the account opening process or to submit new applications, organizations can reach out to marketplace@bidcarbon.org via email.

Online Initiation

Start the process in our registry (opens in a new window). Select the appropriate account type for your organization and click the “Continue Registration” button.

Project Developer: Account Holders who will submit projects for BidCarbon Standard registration and carbon credit issuance, with potential transactions and retirements.

Corporate: Account Holders whose primary objective is to purchase and retire credits against their GHG footprint (same functionality as the transaction account type).

Transaction: Account Holders who want to purchase, hold, transfer, and/or retire credits for themselves or on behalf of others.

Custodial: Account Holders who operate external exchange, trading platform, auction platform, or other marketplace for the purpose of clearing or otherwise facilitating transactions of carbon credits to which they do not have title or ownership rights.

Project AAB: Account Holders approved to serve as Audit & Assurance bodies.

Project VVB: Account Holders approved to serve as Validation/Verification Bodies.

It's important for organizations to carefully follow the outlined steps and provide accurate documentation during the account opening process. For specific details and forms, you may refer to the BidCarbon Registry account documents available within the steps provided.

Steps to be taken

Ensuring the most robust and uncompromising  safeguarding of carbon data 

Our Security Policy

In addition to addressing privacy concerns, data transparency is crucial for us to gain the trust of buyers. Alongside safeguarding trade secrets, we disclose product and supply chain information to enhance information and data transparency. This includes providing traceability of product raw materials.