R.I.VER®
R.I.VER®, the VER Industrial Registry, is the first public registry of certified, voluntary carbon credits open to industrial, agricultural and environmental projects.
R.I.VER® uses sustainable, low-carbon blockchain technology to ensure transparent traceability of registrations while avoiding the risk of double counting.
R.I.VER® is the safest gateway to third-party-certified greenhouse gas (GHG) emission reduction or removal projects.
The VER credits, generated by projects and certified by a third party, are quantified in terms of CO2eq avoided (reduction) or fixed (removal). One credit represents one tonne of CO2eq not emitted or removed.
R.I.VER®
R.I.VER®, the VER Industrial Registry, is the first public registry of certified, voluntary carbon credits open to industrial, agricultural and environmental projects.
R.I.VER® uses sustainable, low-carbon blockchain technology to ensure transparent traceability of registrations while avoiding the risk of double counting.
R.I.VER® is the safest gateway to third-party-certified greenhouse gas (GHG) emission reduction or removal projects.
The VER credits, generated by projects and certified by a third party, are quantified in terms of CO2eq avoided (reduction) or fixed (removal). One credit represents one tonne of CO2eq not emitted or removed.
Greenhouse gases and their impact
The greenhouse effect is a natural phenomenon that allows the earth’s atmospheric warming to temperature levels that support life. Without the natural greenhouse effect, it would be impossible to live on earth, as the average temperature would be around -18°C.
In addition to water vapour (H2O), the main gases that influence the planet’s greenhouse effect are carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs) and sulphur hexafluoride (SF6).
The natural greenhouse effect is intensifying due to the increased concentration of these substances in the atmosphere, caused mainly by human activities.
The IPCC (Intergovernmental Panel on Climate Change), a body set up by the United Nations in 1988 to monitor the planet’s climate, considers the fossil fuel emissions that began in the industrial era to be the main cause of the greenhouse effect.
The 1997 Kyoto Protocol and the 2015 Paris Agreement set the applicable standards for the promotion of voluntary emission reduction projects, with emissions measured by tonne of CO2 avoided or fixed.
International targets
The current trend could be catastrophic for the planet’s equilibrium. International emission reduction targets (“FIT for 55” 2030 target) aim to counter this progression, bringing it back to zero (“NET ZERO” 2050 target).
The instruments envisaged include mandatory (ETS) and voluntary (VER) mechanisms, based on the Carbon Credit system.
One tonne of CO2eq 
not emitted or sequestered is equivalent to 
1 Carbon Credit
Certification path
Once the certification process has been completed, the project can be registered on the R.I.VER® public registry.
After the third-party verification and certification process, the carbon credits are also entered in the registry in order to be placed on the VER credits market for trading or offsetting.
Purchase and sale of VER credits
VER credits registered on the R.I.VER® registry can be purchased by any economic operator to support emission reduction projects. The buyer thus contributes to climate mitigation and offsets the CO2eq emissions of an economic activity, product or service.
All transactions are tracked on a blockchain to ensure transparency and uniqueness.
Governance
R.I.VER® – Registro Industriale VER is owned by R.I.VER S.r.l. Società Benefit, with its registered office at Via Giacomo Leopardi, 7 – 20123 Milan. The company, established under Law 208/2015 on Benefit Corporations, also pursues objectives of common benefit linked to the ecological transition, the reduction of greenhouse gas emissions and the promotion of a transparent and reliable voluntary carbon credit market. The company was founded by APH Holding, an industrial group active in sustainable chemistry, which holds 70% of the company’s shares. Governance is entrusted to a Board of Directors which operates with full decision-making and supervisory autonomy over the Registry’s activities. The governance of the registry is based on the principles of transparency, environmental integrity, independence and impartiality: all credit registrations are tracked on the Polygon public blockchain to ensure data immutability and prevent double counting. Decisions regarding the validation of credits are based exclusively on objective technical and documentary criteria, supported by verification from accredited third-party certification bodies. As a Benefit Corporation, R.I.VER publishes an annual impact report in accordance with the B Impact Assessment standard, detailing the actions taken and the results achieved in pursuit of its objectives for the common good.