Capability
Article 6.2Cooperative approach· Bilateral|Article 6.4Mechanism activity· Centralised|ICVCMCCP-aligned· Integrity|ICROAEndorsement-ready· Voluntary|CORSIAPhase II eligible· Aviation|CAD TrustInteroperable· Federation|ISO 14064Aligned MRV· Quantification|ISO 14065Aligned VVB· Verification|ISO 17029Aligned assurance· Validation|GHG ProtocolScope 1/2/3· Inventory|CSRD · ESRS E1Disclosure-ready· Reporting|ISSB · IFRS S2Investor-grade· Reporting|Sentinel-1/2Continuous cadence· Earth obs|IPCC 2019Tier 2/3 capable· Methodology|Article 6.2Cooperative approach· Bilateral|Article 6.4Mechanism activity· Centralised|ICVCMCCP-aligned· Integrity|ICROAEndorsement-ready· Voluntary|CORSIAPhase II eligible· Aviation|CAD TrustInteroperable· Federation|ISO 14064Aligned MRV· Quantification|ISO 14065Aligned VVB· Verification|ISO 17029Aligned assurance· Validation|GHG ProtocolScope 1/2/3· Inventory|CSRD · ESRS E1Disclosure-ready· Reporting|ISSB · IFRS S2Investor-grade· Reporting|Sentinel-1/2Continuous cadence· Earth obs|IPCC 2019Tier 2/3 capable· Methodology|
Carbon Marketplace and Exchange

Institutional venues for carbon liquidity.

Order-book exchanges, OTC trading workflows, auction venues, tokenised carbon assets, retirement marketplaces, portfolio management and corporate offset procurement — designed to interoperate with sovereign and voluntary registries.

Typical duration
6–14 weeks
Team
Senior practitioner-led
Format
Fixed-fee, scoped phases

Indicative bands — final scope confirmed after a 20-minute discovery call.

Order book
L1/L2
Limit, market, hidden, iceberg
Engines
Auction
Sealed-bid, ascending, Dutch
Workflows
OTC
RFQ, allocation, post-trade
On-venue
Retire
Direct retirement to registry
Overview

Practice positioning.

Liquidity in carbon markets is fragmented across registries, exchanges, brokers and bilateral OTC. Most enterprise buyers — and most sovereign sellers — want one venue that respects integrity (ICVCM, CCPs, jurisdictional eligibility) while offering institutional-grade execution. CAS designs and builds those venues. Our architecture separates the matching engine from the integrity layer, so jurisdiction-specific rules can be enforced at the unit level without slowing down execution.

Engagement model

How CAS delivers.

Phase 01

Eligibility & integrity

Define which units may trade — by methodology, vintage, jurisdiction, ICVCM/CCP label, additionality cohort.

Phase 02

Matching & execution

Order book, auction or RFQ matching with deterministic, replayable execution and pre-/post-trade controls.

Phase 03

Settlement & retirement

Direct API to the underlying registry for transfer, escrow and retirement; reconciliation against issuance.

Phase 04

Surveillance & reporting

Trade surveillance, market abuse monitoring, regulatory reporting, transparency feeds for civil society.

Capability scope

What's included.

01Credit retirement marketplace
02Institutional OTC trading workflows
03Tokenised carbon asset support
04Auction venues (sealed-bid, ascending, Dutch)
05Bid/ask order book with execution controls
06Portfolio and inventory management
07Carbon procurement and RFP tooling
08Corporate offset procurement workflows
Deliverables

What you receive.

D-01Venue architecture and rulebook
D-02Matching engine and execution venue
D-03Registry integration adapter
D-04Surveillance and reporting suite
D-05Participant onboarding workflows
D-06Transparency and disclosure feed
Aligned to

Standards & frameworks.

ICVCM CCPICROAMiFID II principles (where applicable)CAD TrustFIX-style messaging conventionsISO 27001
Engagement

Discuss this capability with CAS.

Senior practitioners brief governments, registries, project developers, and enterprise climate teams on implementation pathways.

Book Discovery Call