Transparent Reporting and Certification for CDR (TRACEcdr) - Grantham Research Institute on climate change and the environment

The Transparent Reporting and Certification for CDR, or TRACEcdr is an interactive tool developed by the LSE’s Grantham Research Institute and AlliedOffsets to improve transparency in the carbon dioxide removal industry (CDR). TRACEcdr provides transparency relating to the increasing number of monitoring, reporting, and verifying (MRV) protocols and links these protocols to credit issuance. Upon opening the TRACEcdr tool, four levels of the MRV system are visible:

Level 1 is organised according to CDR method.
Level 2 is the entity that provides the removal standard for a given CDR method.
Level 3 details the MRV protocol and denotes whether a protocol is applicable in a national or international context and for voluntary or compliance purposes.
Level 4 visualises credit issuance projects per protocol. The larger the node, the larger the credit issuance. Clicking on nodes in the fourth tier enables the user to isolate and trace the connected nodes in each tier below.

Users of the tool can filter for different options such as whether the protocol is nationally or internationally focussed and whether it is for use in compliance or voluntary carbon markets. CDR methods or protocols can be isolated and nodes in levels 2, 3 and 4 can be moved around so that all activity can be seen more easily.