What is Climate Decode?

Climate Decode is a corporate decision-making platform that uses carbon market insights to guide corporates through compliance and voluntary carbon markets. It is powered by two agentic AI platforms: TerraNova for compliance markets (India CCTS, Canada CFR, Carbon Pricing) and Canopy for voluntary markets (CORSIA, VCM, RECs, EACs, CDR, NBS).

TerraNova is Climate Decode's agentic AI platform for compliance carbon markets. It covers India's Carbon Credit Trading Scheme (CCTS), Canada's Clean Fuel Regulations (CFR), and Carbon Pricing systems including Ontario EPS, BC OBPS, federal OBPS, and CBAM. TerraNova helps obligated entities model pricing scenarios, track compliance positions, and develop actionable strategies.

Canopy is Climate Decode's agentic AI platform for voluntary carbon markets and nature-based solutions. It covers CORSIA (aviation carbon markets), VCM (voluntary carbon markets, RECs, and EACs), CDR (carbon dioxide removal including direct air capture and enhanced weathering), and NBS (nature-based solutions including REDD+, afforestation, and blue carbon). Canopy helps corporates evaluate credit quality, procurement strategies, and removal pathways.

What carbon markets does Climate Decode cover?

Climate Decode covers both compliance and voluntary carbon markets globally. On the compliance side (via TerraNova): India CCTS, Canada CFR, and Carbon Pricing systems (Ontario EPS, BC OBPS, federal OBPS, CBAM). On the voluntary side (via Canopy): CORSIA, voluntary carbon markets (VCM), renewable energy certificates (RECs), energy attribute certificates (EACs), carbon dioxide removal (CDR), and nature-based solutions (NBS).

What is the India CCTS?

The India Carbon Credit Trading Scheme (CCTS) is India's new compliance carbon market. It establishes an emissions trading system for obligated sectors, with carbon credit pricing determined by supply-demand dynamics. Climate Decode's TerraNova platform provides pricing outlook across multiple scenarios, sectoral compliance position analysis, and end-to-end compliance management for covered entities.

What are Canada's Clean Fuel Regulations (CFR)?

Canada's Clean Fuel Regulations (CFR) are a lifecycle-based fuel standard that requires fossil fuel producers and importers to reduce the carbon intensity of fuels over time. Compliance credits can be generated through fleet electrification, renewable natural gas (RNG), biogas, and carbon capture and storage (CCS) projects. Climate Decode's TerraNova platform helps obligated parties and credit generators navigate CFR compliance and strategy.

How does Climate Decode help corporates?

Climate Decode turns carbon market data into corporate action. Rather than just providing market intelligence, it guides corporates through decision-making — from understanding regulatory obligations and modelling compliance scenarios to identifying credit generation opportunities and building decarbonisation strategies. Its agentic AI platforms (TerraNova and Canopy) provide end-to-end support from emission monitoring and MRV to credit trading and compliance management.

What is CORSIA and how does Canopy help?

CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) is ICAO's global scheme requiring airlines to offset growth in international aviation emissions. Climate Decode's Canopy platform helps airlines and aviation stakeholders navigate eligible credit types, sustainable aviation fuel (SAF) pathways, compliance obligations, and market dynamics.

About Climate Decode

Climate Decode is a corporate decision-making platform that turns carbon market data into actionable strategies. It is powered by two agentic AI platforms:

TerraNova — Compliance Carbon Markets

TerraNova covers India CCTS (Carbon Credit Trading Scheme), Canada CFR (Clean Fuel Regulations), and Carbon Pricing systems including Ontario EPS, BC OBPS, federal OBPS, and CBAM. It helps obligated entities model pricing scenarios, track compliance positions, and develop strategies.

Canopy — Voluntary Carbon Markets and Nature-Based Solutions

Canopy covers CORSIA (aviation carbon offsets), VCM (voluntary carbon markets, RECs, EACs), CDR (carbon dioxide removal — direct air capture, enhanced weathering, biochar), and NBS (nature-based solutions — REDD+, afforestation, blue carbon, soil carbon). It helps corporates evaluate credit quality, procurement, and removal pathways.

Markets Covered

India CCTS, Canada CFR, Carbon Pricing (Ontario EPS, BC OBPS, federal OBPS, CBAM, TAEL, AAEL), CORSIA, Voluntary Carbon Markets, RECs, EACs, Carbon Dioxide Removal, Nature-Based Solutions, REDD+, SAF, CCS.

Who It Serves

Obligated entities, corporates, sustainability leaders, carbon traders, fleet operators, airlines, and industrial emitters across global compliance and voluntary carbon markets.

Insights & Analysis

Turning Carbon Market Data Into Corporate Action

Name: TerraNova
Author: Climate Decode

We decode carbon markets so corporates can act. Powered by TerraNova (compliance markets) and Canopy (voluntary markets & nature-based solutions) — our agentic AI platforms turn market data into actionable corporate decisions.

Explore Our Coverage ↓

Featured

New Series • Policy Commentary

Canada–Alberta MOU: Certainty Delivered, Ambition Deferred

A 14-year TIER price schedule, the first-ever TIER credit price floor, jointly funded carbon contracts for difference, and a federal benchmark that resets to Alberta’s trajectory under GGPPA Section 1.6.1.

What's Inside

• 14-year TIER price schedule with the first credit price floor

• Jointly funded carbon contracts for difference

• Federal benchmark reset under GGPPA Section 1.6.1

• Implications for BC OBPS, WCI Quebec, Ontario EPS

Read the commentary →

New White Paper • Free Gated Download

Pulp & Paper Decarbonization: Process Emissions, Carbon Markets & Capital Discipline

Six lever families, a reference 200 kADt/yr kraft mill, BECCS and on-site biogas case studies with layered MAC math, and the carbon-market stack that turns each project from below break-even to investable.

What's Inside

• Six decarbonization lever families, fully characterised

• A reference 200 kADt/yr kraft mill and its emissions hotspots

• BECCS & on-site biogas case studies with layered MAC math

• Carbon-market & tax-incentive tables, IEA pathway to 2050

Get the White Paper →

Powered by Two Platforms

Climate Decode's agentic AI platforms break down carbon markets into actionable corporate guidance — from regulation explainers and pricing outlooks to compliance strategies and decision frameworks.

TerraNova

Compliance Carbon Markets

Agentic AI Platform

India CCTS

Carbon Credit Trading Scheme

India's new compliance carbon market — scheme structure, obligated sectors, pricing outlook across scenarios, and compliance management strategies for covered entities.

Explore Series →

Canada CFR

Clean Fuel Regulations

How Canada's lifecycle fuel standard works, compliance strategies for obligated parties, credit generation through fleet electrification, RNG, and CCS projects.

Explore Series →

Canadian Carbon Pricing

Provincial & Federal Systems

TIER, the Canada-Alberta MOU, GGPPA, Ontario EPS, BC OBPS, federal OBPS, CBAM interactions, and the policy commentary that tracks them.

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Canopy

Voluntary Carbon Markets & Nature-Based Solutions

Agentic AI Platform

CORSIA

Aviation Carbon Markets

ICAO's offsetting scheme — eligible credits, SAF pathways, and airline compliance obligations.

Coming Soon

VCM

Voluntary Carbon Markets, RECs & EACs

Carbon credits, RECs, EACs — credit quality, registry standards, corporate procurement strategies, and market integrity frameworks.

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CDR

Carbon Dioxide Removal

Direct air capture, enhanced weathering, biochar, and other engineered removal pathways and their market viability.

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Nature

Nature, Land & Biodiversity Reporting

TNFD, LEAP, SBTi FLAG, IFC Performance Standards and the EU nature stack — the corporate disclosure frameworks practitioners actually use.

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Industrial Decarbonization

Decarb Series — Sector Roadmaps & Project Economics

New Series

Pulp & Paper White Paper

Gated Download · 10 Figures

Six lever families, a reference kraft mill, two worked case studies (BECCS & on-site biogas) with full layered MAC math, plus the carbon-market & tax-incentive stack.

Get the White Paper →

Executive Summary

Short Paper · 7-min Read

A compact summary of the white paper — six levers, two case studies, and a sneak peek at the financing math that decides which projects get built.

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SBTi for Pulp & Paper

Briefing · FLAG Targets

How pulp & paper companies set near-term and long-term SBTi targets — FLAG-eligible vs. non-FLAG emissions and convergence pathways through 2050.

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Latest Articles

In-depth analysis that translates market complexity into corporate action.

CFR Series

CFR 101: How the Clean Fuel Regulations Program Works

A comprehensive guide to Canada's lifecycle-based fuel standard — who is obligated, how credits are generated, and compliance pathways.

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CFR Series

Fleet Electrification: Earning Carbon Credits Under Canada's CFR

How fleet operators can generate compliance credits through vehicle electrification — credit calculation, eligibility, and revenue potential.

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RNG and Biogas — Carbon Credit Pathways Under Canada's CFR

CFR Series

RNG & Biogas: Carbon Credit Pathways Under Canada's CFR

Renewable natural gas and biogas as credit generation pathways — feedstock eligibility, CI scoring, and project economics.

Read Article →

Fact Sheets & Resources

Concise reference guides for quick market overviews.

Canada CFR Fact Sheet

Clean Fuel Regulations overview — obligations, credit types, and compliance pathways

PDF ↓

CORSIA Fact Sheet

Aviation carbon markets — eligible credits, SAF pathways, and airline obligations

PDF ↓

India CCTS Primer

Scheme structure, obligated sectors, and compliance mechanisms

PDF ↓

India CCTS Market Outlook

Carbon credit pricing across 3 market scenarios and sectoral analysis

View →

Recent Events

Catch up on webinars and workshops from our market experts.

MAR

Webinar Recording • On-Demand

India CCTS: Market Outlook & Compliance Management

Carbon pricing outlook, sectoral analysis, and Climate Decode's compliance platform — with Abhishek Das, Koorosh Behrang & Elton Lawes.

Watch Recording →

About Climate Decode

Climate Decode uses market insights to power actionable corporate decision-making. Our two agentic AI platforms — TerraNova for compliance carbon markets (CCTS, CFR, Carbon Pricing) and Canopy for voluntary markets and nature-based solutions (CORSIA, VCM, CDR, NBS) — guide corporates through complexity and into action.

From emission monitoring and MRV to decarbonisation pathways and credit trading — two platforms, one mission: turning market data into corporate action.

Visit Climate Decode →

Catalysing Capital for Decarbonisation

Carbon Markets Intelligence & Analysis

MRV, Decarbonisation Planning, Incentives & Market Position

Residual Balancing — End-to-End Procurement

ZEV Catalyst — Accelerating Fleet Electrification

India's Carbon Credit Trading Scheme — Market Outlook

Global Voluntary Carbon Market Coverage

CFR Series — Canada Clean Fuel Regulations

VCM Series — RECs, Scope 2, RE100, SBTi & Net Zero

Turning Carbon Market Data Into Corporate Action

Canada–Alberta MOU: Certainty Delivered, Ambition Deferred

Pulp & Paper Decarbonization: Process Emissions, Carbon Markets & Capital Discipline

Powered by Two Platforms

TerraNova

India CCTS

Canada CFR

Canadian Carbon Pricing

Canopy

CORSIA

VCM

CDR

Nature

Industrial Decarbonization

Pulp & Paper White Paper

Executive Summary

SBTi for Pulp & Paper

Latest Articles

CFR 101: How the Clean Fuel Regulations Program Works

Fleet Electrification: Earning Carbon Credits Under Canada's CFR

RNG & Biogas: Carbon Credit Pathways Under Canada's CFR

Fact Sheets & Resources

Canada CFR Fact Sheet

CORSIA Fact Sheet

India CCTS Primer

India CCTS Market Outlook

Recent Events

India CCTS: Market Outlook & Compliance Management

About Climate Decode