Programme pillar 03

Book & Claim

Chain-of-custody accounting, so a reduction can be issued by a carrier, transferred and claimed.

What it is

Chain-of-custody accounting for low- and zero-emission freight capacity, so the environmental attribute can be tracked and claimed separately from the physical movement. It is what lets a customer who wasn't on the lane pay for the abatement on it.

What it covers

  • Custody rules covering the full chain: run, quantify, issue, transfer, retire.
  • A registry that sits under the Council as a not-for-profit, so members deal with an industry body.
  • Retirement on claim, so a tonne is counted once and the claim holds up under a buyer's assurance.

Why it matters

Operators are already investing in low- and zero-emission capacity. Without custody, that reduction stays stranded on the lane that paid for it.

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