The Carbon Assets Tracking System (CATS) is an Emission Reduction (ER) transaction registry, designed and implemented to support the issuance and transactions of ER units generated under the World Bank Programs.
To provide a user-friendly software solution to register, track and as appropriate retire or cancel ER units generated under the WB Programs
To implement a strong and reliable architecture to create, govern, store and maintain ER data
To guarantee transparency and security to the operation of the system
To mitigate double counting, double claiming and double selling risks of the ER units generated under the WB Programs
Standards provide guidance and/or specifications on the design and implementation of the Emission Reduction Programs, including but not limited to GHG quantification, monitoring, reporting and validation and verification and other relevant information associated with the carbon credits like social and environmental safeguards, non-carbon benefits, title and ownership of the carbon credit, title transfer, etc. These crediting programs have their own standards (or authorized standards), an associated regulatory body that registers projects and registration systems to track and ensure legal ownership of carbon credits. Currently CATS hosts crediting programs for FCPF, ISFL, TCAF and SCFs (countries including Bangladesh, Burkina Faso, Ethiopia, Madagascar, Kenya, Rwanda are adopting SCF Standard and customizing per their national context. The SCFs in these countries operate independently from one another).
WB Emission reductions can be identified by labels corresponding to specific mitigation activities or compliance with international mitigation initiatives or other standards.
CATS team has created a normative framework for the Transaction Registry. Under this section CATS team provides a complete list of registry related information and key registry policy documents and videos for knowledge sharing.