Markit is a leading, global financial information services company with over 1,900 employees. The company provides independent data, valuations and trade processing across all asset classes in order to enhance transparency, reduce risk and improve operational efficiency. Its client base includes the most significant institutional participants in the financial marketplace.
Effective and efficient financial market based registry solutions will become even more important as restrictions on carbon and other environmental products are further tightened by Governments and as the voluntary carbon markets play an increasingly important part in reducing global emissions. Only credible and robust financial infrastructure with inherent flexibility will best serve this fast growing marketplace.
Markit Environmental Registry allows accountholders to manage all their environmental credits – carbon, biodiversity, water, ecosystems - in one place. Issuances are audited by the registry to ensure they have received the appropriate accreditation and to check that they have not been previously issued. Credits receive a unique reference number so they may be monitored through their entire life-cycle. Retired credits are held and can be viewed on the registry, ensuring the same credits are not re-issued or sold at a later date.