Santa Clara, Calif.-based APX Inc., an environmental markets infrastructure provider, is developing and will operate the infrastructure for the Climate Action Reserve, the greenhouse gas (GHG) offset project registry created by the California Climate Action Registry (CCAR).
‘CCAR is pleased to partner with APX to provide an easy-to-use system for businesses and organizations nationwide to quantify, verify and register the benefits of their GHG emission reduction projects,’ says Gary Gero, president of CCAR. ‘With over a billion transactions successfully managed, [APX was our choice] due to their proven experience in providing the highest-quality infrastructure to support our trusted and transparent GHG program.’
APX says it will provide an online platform and account management tool for the registration, serialization, tracking and retirement of GHG offsets for the Climate Action Reserve. Access to the reserve will be provided to the public for information on registered projects.