SYDNEY, Australia. 19 December 2023 – Technology solutions provider, Trovio Group Ltd, today announced that it has been selected by the Clean Energy Regulator (CER) to develop and deliver the new Unit & Certificate Register for the Australian National Registry of Emissions Units (ANREU).

Trovio’s proprietary technology, CorTenX, facilitates the administration of Australian Carbon Credit Units (ACCUs) and is designed with the flexibility to support various other unit types and certificates such as large-scale generation certificates (LGCs) in the future. Developed with an API-first strategy, CorTenX ensures seamless integration with external systems such as marketplaces and CRMs.

Also announced today, the CER and Australian Securities Exchange (ASX) are working together to develop a model for a carbon exchange market, initially for ACCUs, with the intention to follow with other certificates. Collectively, these developments usher in a new era for the Australian environmental asset market, making participation faster, easier and more cost-effective for all parties.

“Trovio’s CorTenX technology has been designed as a customisable registry and inventory management solution for environmental assets and data-enriched commodities” says Jon Deane, CEO of Trovio. “Our technology provides a scalable solution, allowing institutions to manage the unique attributes of environmental assets, whilst retaining the auditability and transparency that is particularly necessary for this critical asset class.”

“Trovio Group brings a wealth of experience delivering advanced technology architecture” says Mark Williamson, Executive General Manager of the CER. “Its proposal for the Unit & Certificate Register features a customisable digital registry that will integrate seamlessly with other systems.”

Features and benefits of the new Unit & Certificate Register include:

• Development of a customisable digital registry for tracking Australian Carbon Credit Units (ACCUs)

• Enhanced transparency, auditability and scalability in carbon credit transactions

• Significant reduction in transaction costs and administrative burden for all participants

• Direct integration through an API-first strategy with external marketplaces

The Unit & Certificate Register is set to provide a comprehensive solution to both scale and improve the way carbon credits are managed and traded in Australia. It will be a crucial tool in driving environmentally positive outcomes and supporting Australia’s emission reduction targets. For more information on Trovio’s technology solutions, please visit www.trovio.io.

ENDS

About Trovio Group

Trovio provides auditable, transparent, and secure technology solutions for environmental markets and data-enriched commodities. Trovio delivering essential infrastructure across registries, inventory and risk management solutions, and transactional platforms. Incubated out of the Capital Markets Co-Operative Research Centre, and established in 2017, Trovio brings a wealth of experience delivering advanced technology architecture.

CorTenX is a scalable, customisable, digital registry solution. This proprietary technology allows institutions to manage the unique attributes of non-fungible environmental assets and data rich commodities. In addition to the capture and retention of essential provenance data and asset attributes, CorTenX also delivers a unique, immutable asset bonding functionality in a fully API-integrated system.

With offices in Sydney, Singapore and Amsterdam, we are committed to accelerating a sustainable future, through delivering critical infrastructure to ensure transparency and auditability of data, to drive environmentally positive outcomes. Visit www.trovio.io for more information.

Media Enquiries

Amelia Hitchings

Head of Marketing & PR

Trovio Group

E: amelia.hitchings@trovio.io

P: +61 421 228 209

PRESS RELEASE: Trovio Group announces milestone collaboration with CER