Media Centre

Announcing Herzog Fox & Neeman participation in the Carbon Data Open Protocol

6 May 2025

May 2025

 

Herzog Fox & Neeman has joined the Carbon Data Open Protocol (CDOP), a collaborative industry initiative uniting over 30 leading organizations to develop and harmonize carbon credit data across markets. Herzog participates as a legal advisor, contributing to the development of data governance frameworks that improve transparency and enable more efficient due diligence in voluntary carbon market transactions.

Advancing Transparency and Integrity in Carbon Markets

In this endeavor we will be joining leading global carbon market experts and organizations including Sylvera, S&P Global Commodity Insights, Global Carbon Market Utility, RMI and South Pole.

By harmonizing definitions and creating clear data standards, the initiative aims to:

  • Boost transparency and trust
  • Improve efficiency through standardized processes
  • Enhance market integrity and scalability

 

We are proud to have the opportunity to contribute our legal and regulatory expertise to this important effort, and to collaborate with a diverse group of stakeholders committed to high-integrity, data-driven climate solutions. We believe that standardization is crucial for credible climate solutions. We’re excited to help shape the future of high-integrity carbon markets.

 

The CDOP will be launched during the upcoming New York Climate Week.

 

To learn more about the Carbon Data Open Protocol >> click here

 

Related Carbon Market Insights:

Unlocking Carbon Market Demand: How Safe Harbors Can Protect Corporations from Greenwashing Risk

De-risking Carbon Markets: Managing Legal Uncertainty in Carbon Credits

Dr. Ruth Dagan Appointed Co-Chair of IETA Legal Working Group