CDRC markets

Last updated 3 November 2025

The holder of a carbon data rights certificate (CDRC) can sell CDRCs through either the:

open market for an uncapped price

BidCarbon marketplace for an fixed price.

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.

BidCarbon marketplace

Withdrawing a transfer
Transferring CDRCs ownership
Buying CDRCs

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 if there are more sellers than buyers. This is a first-in-first-served system, the latest offers are added to 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.

Withdrawing CDRCs for the BidCarbon marketplace

Pricing in the open markets

We don't set the prices for certificates in the open markets. We also can't interfere in negotiations or payments of certificates. All negotiations and payments are made outside of the BUC Registry.

Buying and selling carbon data rights certificates

Learn how to trade carbon data rights certificates through the open market or BidCarbon marketplace.

Voluntary offsetting

BidCarbon removal units are used to measure and trade greenhouse gas emissions globally. Learn more about purchasing and cancel BidCarbon removal units, when you aren't legally required to do so.

Creating carbon data rights certificates

Find out how to create a carbon data rights certificates to sell your BRUs.

Learn more