Carbon Data Open Protocol (CDOP) Coalition Unveils Open-Source Data Model at Climate Week NYC to Facilitate and Scale Carbon Markets

Last month at Climate Week NYC a growing coalition of carbon market participants announced the release of Version 1.0 of the Carbon Data Open Protocol (CDOP) structure to help facilitate and scale carbon markets by standardizing rules and definitions that describe carbon crediting projects and carbon credits across markets, geographies, and activity types. The new structure provides a collaborative, cross-industry schema for project location, project details, and project approach. This CDOP Version 1.0 structure, with its harmonized data schema, marks a critical breakthrough in addressing data fragmentation that has hindered the carbon market’s…