UNIVERSAL CARBON REGISTRY

What UNIVERSAL CARBON REGISTRY does

Universal Carbon Registry (UCR), incorporated in 2021 in New Delhi as Universal CO2 Emission and Offset Registry Private Limited (CIN: U74999DL2021PTC382180), operates a voluntary carbon credit registry platform serving small rural green project developers in emerging markets. The platform enables project owners to register green projects, undergo third-party verification through 22 approved CoU Verifiers, and receive Carbon Offset Units (CoUs) — voluntary, non-compliance carbon credits issued under the proprietary UCR CoU Standard, which accepts UNFCCC CDM methodologies. UCR has scaled to 504+ registered projects and 310+ verified projects across India, Brazil, and Uzbekistan, with cumulative credits issued exceeding 87.5 million, spanning wind, solar, hydro, biomass, biogas, bagasse cogeneration, waste heat recovery, and clean mobility (electric three-wheelers).

The platform's underlying technology centers on a serial-numbered credit registry system that tracks transfers, retirements, and ex-ante/ex-post listings, with optional blockchain tokenization onto Polygon and BNB Smart Chain to support NFT issuance and smart contract integration for double-counting prevention. CoUs and Rainwater Offset Units (RoUs) can be traded through official trading platform integrations (CTX Global, GMEX/Zero13, Reoxide) or via secondary marketplaces (IMPT, FCE Group, Greenifai, Transparenterra). UCR is ISO 9001:2015 certified and operates with an explicit exclusion of Annex 1 countries, positioning itself for the global south.

UCR's revenue model is transaction-based: a tiered issuance fee of 3.75-4.5% of credits issued (auto-deducted in credits, not cash) plus a one-time INR 25,000 (~$300) project registration fee, waived for developers with 4+ registered projects under the February 2025 loyalty program. There are no maintenance, membership, annual, transfer, or retirement fees. The GTM motion is sales-led with direct self-service onboarding for both project developers (sellers) and corporate buyers, plus partnerships with exchanges and integrators (Klima DAO, Kichee, Encamp, Fitsol, Cool the Globe) for distribution. The company has one disclosed funding round (Marwari Catalysts, September 2023, amount undisclosed), operates with 1-10 employees, and is led by Managing Director Atul Kumar Mishra (40+ years power and infrastructure experience) alongside directors Vivek Bansal, Khushroo Udwadia, CTO Kishore Butani (20+ years carbon markets), and CMO Vihar Pancholi (20+ years renewable energy projects).

Name

UNIVERSAL CARBON REGISTRY

Legal name

UNIVERSAL CO2 EMISSION AND OFFSET REGISTRY PRIVATE LIMITED

Website

https://ucarbonregistry.io

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Universal Carbon Registry is a voluntary carbon credit registry platform based in New Delhi that enables small rural green project developers in India, Brazil, and Uzbekistan to register projects, earn Carbon Offset Units, and access environmental finance through blockchain tokenization.

Ownership category

akta.pro rank

Product category

Voluntary Carbon Registry

akta.pro primary industry

Carbon Registries & Issuance Platforms (Project/credit lifecycle, serials, issuance, retirement) (EUABAAAA)

akta.pro secondary industries

Tokenization, Digital MRV-Linked Credits & On-Chain Carbon Infrastructure (Digital assets, provenance) (EUABAAAE), Carbon Registry & Issuance Services (Registries, Serialisation, Retirement) (EUAGAIAI), Interoperability & Registry Bridging Infrastructure (Cross-registry linking, meta-registries, portability) (EUABAAAI)

Keywords

• Voluntary carbon registry
• Carbon credit issuance
• Greenhouse gas offsets
• Rainwater offset credits
• Carbon credit tokenization

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Carbon Credit Issuance Fees: UCR charges 3.75% to 4.5% of total carbon credits issued, auto-deducted in carbon credits at issuance. Tiered structure: 4.5% (1-100,000 CoUs), 4.25% (100,001-350,000), 4.00% (350,001-700,000), 3.75% (700,001+). No cash exchange required.
2. Project Registration Fees: One-time fixed fee of INR 25,000 (approximately $300 USD) per project activity for new registrations. Waived for members with 4+ registered projects. Inclusive of GST.
3. No Account Fees: No fees for opening accounts, maintenance, annual fees, transfer fees, or retirement fees for holders of carbon credits. Only third-party auditing/verification fees are excluded from platform services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Universal Carbon Registry (UCR) operates a voluntary carbon and rainwater offset registry platform that enables green project developers to register projects, undergo third-party verification, and earn Carbon Offset Units (CoUs) and Rainwater Offset Units (RoUs). The platform handles the full issuance, trading, retirement, and blockchain tokenization lifecycle of voluntary carbon credits on Polygon and BNB Smart Chain, with project activity spanning renewable energy, biogas, hydro, solar, waste-to-energy, clean mobility, and water conservation.

Product overview

Universal Carbon Registry (UCR) is a single unified platform offering voluntary carbon and rainwater offset registry services. The core offering includes the UCR Platform for carbon offset units (CoU) registration, verification, issuance, and trading, complemented by Rainwater Offset Units (RoU) for water credits. The platform provides end-to-end services from project registration through CoU issuance, with optional blockchain tokenization of credits. The ecosystem integrates with multiple carbon marketplaces, trading platforms, and blockchain networks (Polygon, BNB Smart Chain) for tokenized carbon credit trading.

Differentiator

Problem solved

Functional benefit

Products and services

• Universal Carbon Registry (UCR) Platform Voluntary carbon and rainwater offset registry platform that enables green project developers to register, undergo third-party verification, and have Carbon Offset Units (CoUs) or Rainwater Offset Units (RoUs) issued. The platform supports the full lifecycle — issuance, transfer, trading on integrated exchanges, optional blockchain tokenization, and retirement — for voluntary non-compliance carbon credits.
• Carbon Offset Units (CoU) Voluntary non-compliance carbon credit issued by UCR to projects that destroy, avoid, or reduce greenhouse gas emissions. Each CoU is assigned a unique serial number, tracks transfers and retirements, and can be optionally tokenized on Polygon or BNB Smart Chain. CoUs are accepted across all project categories supported on UCR — renewable energy, biogas, hydro, solar, wind, waste-to-energy, clean mobility, agriculture, and more.
• Rainwater Offset Units (RoU) Water credits generated under the UCR Rainwater Offset Standard and Protocol from project activities involving water conservation or groundwater recharge. Like CoUs, RoUs can be non-fungibly tokenized on blockchain and used by corporates to counter their water footprint or showcase ESG credentials.
• CoU Tokenization Service Service allowing UCR holders to burn CoUs and tokenize the underlying credit on supported blockchain networks (Polygon chain_id 137 and BNB Smart Chain) as NFTs, utility tokens, or CCC tokens. Prevents double-counting and enables integration with smart contracts and decentralized ESG credentialing markets.

Quantifiable outcome

• 504+ Registered Projects, 310+ Verified Projects, 87,527,735+ Total Credits

Named customers9 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration14 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• CTX GlobalcoreTechnology or IntegrationOfficial trading platform partner for carbon credit transactions on the UCR platform
• GMEX (Zero13)coreTechnology or IntegrationOfficial trading platform partner for carbon credit transactions on the UCR platform
• ReoxidecoreTechnology or IntegrationOfficial trading platform partner for carbon credit transactions on the UCR platform

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Verra: Verra runs the largest voluntary carbon registry (VCS Program) and dominates issuance volume. It is directly comparable to UCR as a voluntary registry issuing credits with serial numbers and retirement tracking, though Verra operates globally and at vastly larger scale.
• Gold Standard: Gold Standard is a leading voluntary carbon registry with strong brand among corporates for high-integrity credits. Comparable to UCR as a voluntary registry issuing and tracking carbon credits from project-based methodologies, especially across renewable energy and energy efficiency.
• American Carbon Registry (ACR): ACR is an established voluntary and early compliance registry issuing carbon credits across methodologies. Comparable to UCR's CoU issuance and retirement infrastructure, though ACR is more established in US compliance markets.
• Climate Action Reserve (CAR): CAR is a North American-focused voluntary carbon registry issuing CRT credits from project-based protocols. Comparable to UCR in registry/issuance mechanics, though CAR concentrates on US offset protocols rather than Global South.

Direct peers

• Cercarbono: Cercarbono is a voluntary carbon registry with strong emerging-market focus and methodology-driven issuance similar to UCR. It is directly comparable as a project-based voluntary registry serving Global South developers.
• Plan Vivo: Plan Vivo is a smaller voluntary registry focused on community-led land-use projects in developing countries. Comparable to UCR's emphasis on small, rural, Global South project owners accessing environmental finance.
• Puro.earth: Puro.earth is a carbon removal registry issuing CO2 Removal Certificates (CORCs). Comparable to UCR's registry issuance model and blockchain-friendly approach to credit tracking and trading.
• EcoRegistry: EcoRegistry is a multi-standard voluntary carbon registry platform serving Latin American and other emerging-market projects. Directly comparable to UCR as a private registry issuing verified credits for distributed green projects.
• BioCarbon Registry: BioCarbon Registry is a project-based voluntary registry with methodology-driven issuance similar to UCR. Comparable as a peer registry issuing credits to small and mid-sized green project developers.

Emerging players

• Toucan Protocol: Toucan Protocol tokenizes verified carbon credits from established registries onto blockchain for DeFi use. Comparable to UCR's on-chain tokenization feature (Polygon/BNB), though Toucan bridges existing registries rather than issuing its own credits.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about UNIVERSAL CARBON REGISTRY