Carbon Data Rights Certificate Markets

Carbon Data Rights Certificate (CDRC) Markets comprise two types:

● Open Market for an uncapped price

● BidCarbon Marketplace for a fixed price.

The holder of a Carbon Data Rights Certificate (CDRC) can sell CDRCs through either market. Registered holders usually assign the right to apply for CDRCs to a registered agent. Once assigned, the holder is no longer involved in CDRC matters.

All sellers and buyers must have a valid BUC Registry account to trade certificates.

Open Market

In the open market, the holder of a Carbon Data Rights Certificate typically enters into contracts with entities that need to acquire CDRCs to meet their climate obligations.

Pricing in the open market will fluctuate regularly and doesn't have a maximum limit.

Pricing responsibility

We do not regulate the open market. It is the responsibility of the holder of a Carbon Data Rights Certificate to find a buyer and agree on a purchase price.

Learn how to buy and sell CDRCs.

Pricing in the Open Market

We does not set certificate prices in open market and does not participate in negotiations or payments between buyers and sellers.

All negotiations and payments are made directly between the parties and outside the BUC Registry.

BidCarbon Marketplace

The BidCarbon Marketplace is a facility within the BUC Registry that supports holders of Carbon Data Rights Certificates and entities buying and selling CDRCs at a fixed price.

Depending on demand, CDRCs may join the BidCarbon Marketplace transfer list where there are more sellers than buyers. This operates on a first-in-first-served basis. New offers will be added to the top of the list, and transfers will be processed starting from the bottom of the list.

The status of the BidCarbon Marketplace transfer list is available in the BUC Registry and updated hourly.

Read our BidCarbon Marketplace operations guidance.

Disclosure to the Chinese tax authority

In accordance with the requirements of the State Taxation Administration of the People's Republic of China's Regulations on the Submission of Tax-Related Information by Internet Platform Enterprises, we shall submit the relevant tax information.