BidCarbon marketplace

BidCarbon marketplace, a spot carbon data asset trading platform jointly launched by BidCarbon Big Data (Chengdu) Co., Ltd (BCBD) and the BidCarbon Foundation, marks an important step in streamlining the process of purchasing carbon credits and improving the transparency of carbon credit purchases. The platform not only facilitates the purchase of carbon credits, but also aims to accelerate positive climate impact at scale.

One notable feature of the BidCarbon marketplace is its commitment to expansion. In addition to carbon credits, the platform plans to incorporate other types of carbon credits and carbon data rights certificates administered through their schemes. This broader scope reflects a dedication to addressing various aspects of environmental impact and sustainability.

An important development slated for January 1, 2025, is the transition from carbon credit certifications to carbon data rights certificates (CDRCs). This shift signifies a strategic move toward a more comprehensive approach to ownership attribution. Carbon Data Rights Certificates will serve as the primary means to demonstrate ownership, offering a modernized and versatile solution within the marketplace.

The BidCarbon marketplace is a forward-thinking initiative that streamlines carbon credit transactions and lays the groundwork for a more inclusive and robust system for managing environmental assets.

Register for BidCarbon marketplace

The BidCarbon marketplace is designed to streamline the trading of BidCarbon removal units (BRUs) through the establishment of a centralized, standardized, and regulated platform for the buying and selling of BRUs. This platform aims to simplify the process for participants and enhance transparency in carbon credit transactions.

Key features of the BidCarbon marketplace include:

1. Centralized Platform: The marketplace provides a centralized platform where participants can easily trade BRUs in a standardized and regulated environment. This centralization ensures efficiency and consistency in transactions.

2. Integration with Registration Systems: The marketplace seamlessly integrates with modernized registration systems, including Registration with BCBD and the BiCarbon Unit and Certificate Register. This integration enhances the accessibility and usability of the marketplace for participants.

3. Transition to Carbon Data Rights Certificates: Starting from January 1, 2025, the marketplace will transition from carbon credit certifications to carbon data rights certificates. These certificates will serve solely to demonstrate ownership attribution, reflecting a shift towards a more comprehensive approach to asset management.

4. Replacement of BRU with BidCarbon Unit and Certificate Register: The BidCarbon marketplace will replace the BidCarbon Registry of Units (BRU) with the BidCarbon Unit and Certificate Register. This modernized registry system will play a central role in managing units and certificates within the marketplace.

The BidCarbon marketplace represents a significant advancement in simplifying and standardizing the trading of BRUs. By integrating with modern registration systems and implementing Carbon Data Rights Certificates, the marketplace aims to enhance transparency and efficiency in carbon credit transactions while promoting climate-positive impact at scale.

Apply for an BUC Register account

If you intend to buy or sell BidCarbon removal units (BRUs), you must create an account in the BidCarbon Unit and Certificate (BUC) Register. This is crucial for managing ownership and transactions within the marketplace effectively. The registration process with BUC Register may involve providing identity verification and other relevant information.

Register a supplier account

Any individual or entity intending to sell BidCarbon removal units (BRUs) on the marketplace is required to register with the BidCarbon marketplace. This registration process involves creating a supplier account. This registration process typically involves providing the necessary information and agreeing to the terms and conditions set by BCBD. The registration process can typically be completed via the BidCarbon marketplace page.

Register for BidCarbon marketplace

The modernised BidCarbon Unit and Certificate Register will be a secure and user-friendly digital registry system. It will equip buyers and sellers with greater efficiency and choice.

To participate in the BidCarbon marketplace, interested parties must complete registration processes with both the BidCarbon Unit and Certificate Register.

Access to the BidCarbon marketplace

participants gain access to the BidCarbon marketplace, enabling them to engage in buying, selling carbon data rights certificates efficiently. This dual-registration system ensures transparency and accountability within the marketplace ecosystem, fostering trust among participants and stakeholders.

Financial audit and create CDRCs

Engage a firm of accountants from the Register of Greenhouse and Energy Auditors to financial audit the BidCarbon removal units of your choice.

You must send an electronic copy of the financial audit report and statutory declaration to the BCBD by a specified date to be approved for CDRCs.

We do not regulate the secondary market. The BRU owner is responsible for finding a buyer and agreeing on a purchase price.

Pricing responsibility