The industry’s first ever globally harmonized record of carbon credit issuance. LUCID™ is a unique identifier code that references and binds each carbon credit to the unique geospatial data, physical provenance information, jurisdictional compliance confirmations, and additionality activity that gives rise to a “carbon credit” (similar to how an ISIN is a globally harmonized identifier for financial securities e.g. stocks and bonds).

LUCID™ creates a unique 1:1 relationship between the dynamic extents, stocks, conditions, and flows of carbon over time and its issuance – allowing for its provenance to be preserved, validated, and audited throughout its lifecyle. From its initial development, to its origination, subsequent trading, settlement, and clearing; and on to its ultimate retirement – LUCID™ collapses the dynamism of the environmental into a structure that can be traded at scale using the tools and apparatus of today’s capital markets. Double Counting is eliminated. Digital settlement is enabled. Pre-trade diligence is facilitated. With LUCID™ – carbon is brought to life.

Interact with the world’s largest carbon-focused transformed data store directly using SADAR™’s native NCM Navigator functionality, powered natively by one of the world’s leading Generative AI LLMs. Structure complex queries to extract multi-dimensional data insights from the platform and answer intricate compliance, regulatory, and pre-trade diligence inquires – driving higher trade volumes and enhanced execution.

Use SADAR’s™ Portfolio Management functionality to track and monitor complex positions and holdings in both traditional projects and bespoke synthetic inventories (baskets, carbon ETFs, custom indices, etc.). Integrated pricing feeds from market makers facilitate the valuation of both complete portfolios and individual constituent positions, while watch-list functionality automates pre-trade diligence activities to enable high-velocity trading activity to take advantage of transient market conditions. Research any user-defined area on Earth to uncover favorable land characteristics, latent carbon stocks, or development opportunities – then monitor that Area of Interest (AOI) for future market activity.

Easily find details about any project based on the LUEI™ taxonomy system. Surface the lineage for any projects and explore relationships between projects. Jump right to the project details to access project documents, its data pedigree score and the project’s overall health.

The project details page provides an historical view of the project’s carbon credit vintage including retired credits. You can also access the project’s documents and Laconic’s data pedigree engine scoring which indicates the quality of the data in the project and the overall project quality.

In addition to displaying the project registry’s data pedigree, Laconic goes much further by providing a scoring based on 14 data elements and 58 sub-elements.

Using a highly reliable data pedigree scoring engine, all project data is analyzed, and a score is objectively determined and displayed. Decision makers can analyze the project based on the data’s integrity and quality score.