Market-Based Mechanisms - Book and Claim

In-value chain solutions enabling your supply chain decarbonisation

Leading organisations are looking to decarbonise their logistics supply chains to meet the expectations of their customers, investors, and society. However, the current limitations faced by the industry -- such as high transport decarbonisation abatement costs and large, complex and dynamic supply chains -- make it challenging to move forward.


In-value chain market-based mechanisms, such as book and claim, provide a solution to these challenges by allowing buyers without physical access to decarbonised services, or lower-carbon fuels, to financially enable the decarbonisation of heavy transport and claim its benefits. This decoupling means the physical product may be used in one location, or by one party, while the associated environmental information is “booked” and “claimed” in another location or by another party. This helps increase the demand for low-carbon products while also helping to enable customers to achieve their sustainability ambitions. 

How does book and claim work?

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Production

The low-carbon fuel is produced and enters the distribution network

Booking Icon

Booking

The environmental information associated with the fuel are decoupled from the physical fuel and recorded in a digital registry

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Distribution

The physical fuel is distributed and used by various customers

Claiming Icon

Claiming

Customers who did not purchase the physical fuel can claim the environmental information from the registry

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Verification

The registry ensures that all claimed environmental information is verified to prevent double-counting

Advantages of book and claim

  • Enables access to low-carbon information when physical supply is not possible
  • Maintains connection to actual corporate value chain and emission sources
  • Incentivises investment and scaling of low-carbon solutions
  • Allows for expansion in leveraging models to other products, including hydrogen and CCS-enabled low-carbon chemicals 

Supported modalities

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