National Carbon Registry

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Overview:

Recently, the United Nations Development Programme (UNDP) has developed open-source software which allows countries to effectively manage national data and processes for trading carbon credits.

About National Carbon Registry: 

  • This software has recently been accredited as a digital public good (DPG).
  • As a DPG, the registry uses open-source code, which allows countries to replicate and adapt the information to fit their own needs and contexts.
  • The registry’s modules, software and technical documentation can be reused and tailored by countries, which could potentially reduce production costs and implementation timelines. 
  • The registry follows national and international best practices which includes UNDP, the World Bank, the United Nations Framework Convention of Climate Change (UNFCCC) and the European Bank for Reconstruction and Development (EBRD.

 

Key facts about United Nations Development Programme 

  • It is the United Nations lead agency on international development.
  • It works in 170 countries and territories to eradicate poverty and reduce inequality.
  • It helps countries to develop policies, leadership skills, partnering abilities, institutional capabilities, and to build resilience to achieve the Sustainable Development Goals.
  • Its work is concentrated in three focus areas; sustainable development, democratic governance and peace building, and climate and disaster resilience.

 


Q1) What is digital public good?

A "digital public good" refers to digital resources, tools, or services that are made available for the public good, typically in the context of promoting development, innovation, and access to information and technology. These resources are often created and maintained with the goal of benefiting society as a whole, and they are made accessible to anyone, often free of charge or with minimal cost.

Source: A newly accredited digital public good, the National Carbon Registry, will help countries meet their climate targets.