Absolute Climate and Northern Trust Offer Capabilities to Support Independent Certification and Lifecycle Management for Digital Carbon Credits

Core Insights - Absolute Climate and Northern Trust are collaborating to enhance the carbon removal industry by providing independent quality assurance and regulated credit issuance capabilities [1][2][5] - The partnership aims to bridge gaps in carbon markets by aligning independent certification with a regulated credit issuance system, enhancing transparency and trust for project developers and buyers [2][5] Company Overview - Absolute Climate is the first independent quality assurance provider for the carbon removal industry, focusing on third-party certification and governance [1][3] - Northern Trust launched The Northern Trust Carbon Ecosystem in September 2024, offering a digital platform for managing voluntary carbon credit transactions [4][6] Market Impact - The collaboration between Absolute Climate and Northern Trust is designed to separate standard-setting from credit recordation, promoting a more mature Voluntary Carbon Market [5] - Absolute Climate's certification framework is registry-neutral and compatible with various platforms, supporting a wide range of carbon removal methods [3][7] Technological Infrastructure - The Northern Trust Carbon Ecosystem provides automated lifecycle management for digital voluntary carbon credits, ensuring secure and transparent transactions [4][6] - Powered by the Northern Trust Matrix Zenith digital assets platform, the ecosystem enhances confidence and transparency for carbon credit transactions [6]