Intercontinental Exchange, the company that runs the New York Stock Exchange and operates the world’s largest environmental derivatives markets, just rolled out a new piece of infrastructure that could reshape how carbon credits are issued, traded, and retired.
ICE GreenTrace is an environmental registry technology service designed to bring exchange-grade reliability to a market that has historically struggled with exactly that. Winrock International’s Environmental Resources Trust (ERT) signed on as the launch partner, migrating 437 million carbon credits and 40,000 documents onto the platform.
What GreenTrace actually does
GreenTrace handles the full lifecycle of environmental instruments: issuance, trading, and retirement. ICE is pitching it on four pillars: security, scalability, user-friendliness, and continuous support.
ERT manages several established programs, including ACR and ART. Moving 437 million credits is not a soft launch. That’s a full-scale migration designed to signal that the platform is ready for institutional traffic.
