The TZ1 Registry allows for the issuance and electronic transfer of Verified Emission Reductions (VERs), verified to the VCS. TZ1 was one of the two registries authorised to issue VCUs on March 17 by the VCS Association. Dutch gas and power trading group APX was the other registry approved by the VCS.
Lisa Ashford, global head of voluntary and new markets at EcoSecurities says the transaction marks a landmark for the voluntary carbon market. "Being able to electronically hold and transfer VCUs