Private-sector efforts also have sprung up offering credits for "voluntary" carbon markets, while a range of registries such as Verra and Gold Standard is accrediting and tracking them. The new database - called the Climate Action Data Trust (CAD Trust) - aims to address these issues by collating all the project and carbon credit data in one place and making it free to the public. It brings us up to speed with what is required within the carbon markets," he said. He said Bhutan is in discussions with possible buyers who want details about how carbon credits from its forests are being registered, verified and monitored. "The CAD Trust meets all the technical requirements of host countries and buyers."

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