ART Registry Transition

To meet the goals of the Paris Climate Agreement, carbon markets must grow dramatically. To support that market growth, ERT – including ACR and ART – is bringing our nearly 30 years of carbon market experience to a partnership with ICE to deliver a transformational registry platform. The ICE GreenTrace^TM, registry technology platform is a quantum leap forward in infrastructure to enable the scaling and integration of global carbon markets. The key pillars that underpin the design, development and operation of the ICE registry platform are: agile, customer driven, scalable, state-of-the-art market infrastructure, secure, user-friendly, and 24-hour support.

ICE GreenTraceTM,, is designed to drive confidence in carbon credit markets by being agile, customer driven, user friendly and scalable, with state-of-the-art market infrastructure and 24-hour support. ICE GreenTraceTM, offers an intuitive, simple, and responsive User Interface, requiring minimal effort to navigate and accomplish tasks. It prioritizes clarity and ease of use, enhancing user satisfaction and productivity. For example, the new ART Registry will include application programming interfaces (APIs) allowing participants to access the registry using pre-approved proprietary or third-party applications developed by Independent Software Vendors.

In 2000, ICE was founded on the core principle of analogue to digital transformations with the idea of transforming energy markets by creating a network that removed barriers and provided greater transparency, efficiency and access. By staying close to its customers, ICE has brought efficiency to its customers’ workflows.  Today, it is a Fortune 500 company, providing customers with an array of financial technology solutions and data services that span a diverse set of asset classes.

Customers rely on ICE’s market infrastructure and information in their daily operations for trading, investing, hedging and compliance. On an average day, over 8 million derivatives contracts trade on ICE, with a total annual traded volume of approximately 2 billion contracts. ICE owns and operates the world’s largest stock exchange, the New York Stock Exchange, which handles a peak of more than 750 billion messages in a single day, operating critical markets during particularly volatile and active trading times. In the time it takes you to blink your eye, the NYSE can process over 10,000 messages in a single stock.

ICE’s fixed income, data services and execution capabilities provide analytics and platforms that help customers streamline processes, and at ICE Mortgage Technology, we’re transforming U.S. housing finance workflows.

ICE owns and operates six clearing houses in North America, Europe and Asia, including ICE Clear Europe, the largest clearer of energy and environmental derivatives in the world. ICE holds billions of dollars of collateral on behalf of its clients, reflecting how its risk management services play an essential role in the financial system by increasing financial stability and reducing systemic risk.

ICE has been a leader in environmental markets for over two decades. Almost 95% of all globally traded environmental futures and options trade on ICE’s exchanges. These include ICE’s carbon allowance markets covering the most liquid cap-and-trade market in the world, the EU Emissions Trading System (ETS), the U.K. ETS and three State programs in North America; the Western Climate Initiative, the Regional Greenhouse Gas Initiative and the Washington State Cap and Invest program. ICE is the auctioneer for the U.K. Government’s carbon allowances raising over $28 billion.  ICE hosts carbon credit futures markets for the Alberta TIER crediting programs and the world’s first exchange traded CORSIA Phase 1 Eligible Emissions Units futures contract, which includes ACR as an Eligible Registry.

In addition, ICE is the leading operator of markets in Energy Attribute Certificates, such as Renewable Energy Certificates (RECs) issued under several State Renewable Portfolio Standards and Renewable Identification Numbers (RINs) issued under the Federal Renewable Fuels Standard in the U.S.

In 2024, a record 20.4 million environmental contracts traded on ICE, equivalent to over $1 trillion in notional value for the fourth consecutive year with more than $50 billion physically delivered to multiple registries.

For more information about ICE please visit its website at https://www.ice.com and https://www.ice.com/energy/environmental.

ICE GreenTrace^TM, is expected to launch in late 2025 with ART as its launch partner. ART will work closely with all registry users to ensure a smooth transition to the new platform.

We will offer a webinar in the third quarter 2025 to present a preview of the ICE registry technology platform for current ART Account Holders. At that time, we will demonstrate functionality and answer questions. We welcome input at any time for future potential registry enhancements.

Ahead of the preview, we will offer other informational webinars and updates to address questions from Account Holders. Please submit questions via this simple form, so we can respond in a way that supports the entire community of Registry users.

ART will be sending regular updates to all Account Holders as the project develops. We also encourage you to subscribe to the ICE GreenTrace^TM newsletter here.

Please submit your questions or comments via the following form.