Amsterdam Conference Tackles Global Emissions Data Needs
Amsterdam, Wednesday, 15 October 2025.
An international conference in Amsterdam addresses the urgent need for accurate, transparent emissions data at the product level, crucial for achieving climate targets and fostering sustainable growth.
A Global Effort for Emissions Transparency
The international conference held in Amsterdam on 13-14 October 2025 marked a significant step towards addressing the global demand for accurate emissions data at the product level. Hosted by several prominent institutions, including De Nederlandsche Bank, the Bank of International Settlements, and the University of Oxford, this event brought together experts from academia, central banks, and international organizations. The primary focus was on building a high-integrity system for dynamically tracking embedded emissions in traded products across borders and sectors [1].
Data Hub: A Centralized Repository
Central to the conference’s agenda was the development of a global emissions data hub. This proposed repository aims to collect product-level data at the HS6 classification, moving towards finer granularity over time. It will serve as a trusted source for reliable emissions substitutes where primary company data is unavailable, incorporating company-reported primary emissions data to improve accuracy. The hub’s design includes publishing statistical distributions of emissions data for each product class, supporting policy frameworks like the EU Carbon Border Adjustment Mechanism (CBAM) and the US Federal Product Framework for Assurance (FPFA) [1][2].
Innovative Solutions in Banking and Digital Currencies
The conference also highlighted the intersection of emissions data with financial practices, particularly in banking and digital currencies. As part of the broader initiative to foster sustainable economic growth, the integration of emissions data into financial decision-making was emphasized. This approach aligns with recent developments in cryptocurrency regulation under the European Union’s Markets in Crypto Assets Regulation (MiCAR), aiming to enhance transparency and sustainability in financial markets [2][3].
Future Prospects and Challenges
Looking ahead, the conference set the stage for future collaborations and advancements in emissions data transparency. However, challenges remain in scaling these solutions effectively, as emphasized by several speakers. The need for reliable data to support policy frameworks and the urgency of addressing climate change were recurrent themes. As the world moves towards more stringent climate goals, the role of accurate emissions data becomes increasingly vital [1][4].