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Carbon Data Open Protocol (CDOP) Coalition Unveils Open-Source Data Model at Climate Week NYC to Facilitate and Scale Carbon Markets
Today 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.
About this update from S&p Global Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"37 organizations including Isometric, Verra, South Pole, and Kita commit to continue supporting the adoption and development of the Carbon Data Open Protocol (CDOP) Version 1.0 ","length":176,"tagName":"p"}]},{"val":[{"type":"text","content":"Open-source data schema for project location, details & approach addresses carbon market fragmentation","length":106,"tagName":"p"}]},{"val":[{"type":"text","content":"Developed in alignment with, and building upon, other data standardization initiatives, including the G20-led Common Carbon Credit Data Model (CCCDM), the CAD Trust, and the UNFCCC (relating to Article 6)","length":204,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":486,"olType":false},{"type":"text","content":"NEW YORK, Sept. 23, 2025 /PRNewswire/ -- Today 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.","length":540,"tagName":"p"},{"type":"text","content":"Today's 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 development into a mature, investable asset class capable of mobilizing the capital needed for global climate action. It is the first result of the international coalition of leading businesses, nonprofits and public sector organizations that launched in mid-March of this year, co-chaired by The Global Carbon Market Utility (GCMU), Sylvera, RMI, and S&P Global Commodity Insights.","length":599,"tagName":"p"},{"type":"text","content":"Solving critical market fragmentation","length":37,"tagName":"p"},{"type":"text","content":"Carbon credits are defined by complex attributes spanning project type, methodology, location, and vintage – variability that has resulted in dozens of incompatible data schemas across the market. This fragmentation results in inconsistent data qua...