CLIMATE ACTION DATA TRUST LIMITED

Climate Action Data Trust (CAD Trust) is a decentralized metadata platform that links, aggregates and harmonizes carbon registry data to address data fragmentation in carbon markets and enhance transparent accounting in line with Article 6 of the Paris Agreement. The CAD Trust open-source metadata system uses blockchain technology to create a decentralized record of carbon market activity to maximize the transparency of carbon credits, minimize the risk of double counting, and enhance the overall integrity and confidence in carbon markets. The Singapore-based initiative was founded by the World Bank, The International Emissions Trading Association (IETA), and the Government of Singapore.

The World Bank is a vital source of financial and technical assistance to developing countries around the world. Our vision is to create a world free of poverty on a livable planet. We are not a bank in the common sense; we are made up of five organizations and owned by 189 member countries. Each organization plays a different but collaborative role in reducing poverty and promoting sustainable development with knowledge, financing, and expertise. • IBRD, which supports middle‑income and creditworthy low‑income countries. • IDA, which helps the world’s poorest countries with grants and low‑interest loans. • IFC, which supports private sector growth. • MIGA, which provides political risk insurance. • ICSID, the leading institution for international investment dispute settlement. Together, we provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture and environmental and natural resource management.