First ITMO Registry credits issued from converted Indonesian CDM projects

Carbon Trade eXchange has listed the first credits issued in the ITMO Registry, turning two Indonesian methane capture projects formerly tied to the UN CDM into tradeable voluntary carbon credits. The move gives project owners a market route ahead of the UN CDM Registry shutdown and before Article 6.4 infrastructure is fully in place.

Why it matters: - The listing gives converted CDM projects a live market before the UN CDM Registry ends all transactions on 31 December 2026. - CTX estimates up to 2 billion CERs from more than 8,000 CDM projects could be stranded or lose value if they are not moved in time. - The new pathway offers project owners a route to voluntary trading now and a possible upgrade to Article 6.2 compliance units later, if host-country authorization and other requirements are met.

What happened: - Carbon Trade eXchange listed the first credits issued in the ITMO Registry overnight. - The credits came from two Indonesian methane capture projects that were previously registered under the UN Clean Development Mechanism. - The projects were migrated and converted into voluntary Global Carbon Credits, then issued directly in ITMO Registry vintages from 2013 through 2020. - The credits are now available for exchange trading on CTX.

The details: - The credits were listed at US$8.00 for vintage 2020 and as low as US$1.00 for vintage 2013. - The listing volume is 700,015 units. - The credits are tradeable for transfer or cancellation on CTX, over the counter, or on other platforms with approved ITMO Registry accounts. - These emission reductions had never been issued as CERs in the CDM Registry, so no CERs needed to be cancelled. - That service will cease at the UNFCCC CDM Registry on 25 November 2026. - The UNFCCC’s Article 6.4 registry is still being built and documents must be submitted manually into its interim register. - Global Carbon Credits issued in the ITMO Registry are initially voluntary units. - They can be upgraded to Article 6.2 ITMOs if requirements are met, including host-country authorization. - The credits are already available on the b-neutral platform at retail prices through the new CTX API.

Between the lines: - The listing is a response to a transition problem in carbon markets: older CDM assets are nearing the end of their registry life while the newer Article 6 system is not yet fully operational. - GEM Global Group is positioning the ITMO Registry as a bridge between voluntary demand today and compliance demand later. - Wayne Sharpe, CEO and founder of GEM Global Group, said the pipeline is growing and more than 20 projects are currently in migration.

What's next: - CDM project owners can contact CTX to buy, sell, or convert projects into the ITMO Registry. - Exchange trading inquiries go to info@ctxglobal.com. - OTC inquiries go to trading@ctxglobal.com. - CDM project owners seeking conversion can contact info@globalcarbon.co or info@ctxglobal.com. - GEM says more projects are moving through the pipeline as the CDM Registry winds down. - The UNFCCC CDM Registry is scheduled to stop all transactions on 31 December 2026.

The bottom line: - The first ITMO Registry issuance gives legacy CDM projects a tradable exit before the old system closes and before the new Article 6 market is fully ready.