UNSPSC 64111705: Carbon credit permit or certificate

Commodity

Code facts

NIGP codes
1

UNSPSC codes and definitions come from the UN Development Programme (managed by GS1 US), and state and local contract opportunities from the governments' procurement sites.

NIGP codes for 64111705

Definition

A tradable certificate or permit representing the right to emit one tonne of carbon dioxide or the mass of another greenhouse gas with a carbon dioxide equivalent tCO2e equivalent to one tonne of carbon dioxide. Can be traded in both exchanges and in over the counter OTC transactions in voluntary markets.

About UNSPSC 64111705

UNSPSC 64111705 Carbon credit permit or certificate (Commodity) shows minimal alignment between the code's nominal scope and recent state and local solicitation activity. The code ostensibly addresses carbon credits and environmental permits, yet the most recent opportunities posted under this code involve banking services, auto-IRA program administration, bond arbitrage compliance, school district underwriting, cryptocurrency custody, and commercial paper liquidity facilities — none of which relate to carbon trading, environmental compliance certificates, or emissions permitting. This classification mismatch suggests either systematic mis-tagging in procurement systems or that state and local buyers are using this code as a placeholder for financial services and treasury operations not otherwise mapped within the UNSPSC taxonomy. Issuers include county finance departments (Broward County Finance and Administrative Services), state treasury bodies (Texas Comptroller of Public Accounts, Washington Saves Governing Board, Texas Water Development Board), municipalities (City of Dallas), and school districts (Manor Independent School District). No repeat buyers under the code's nominal scope appear in the recent record.

Geographic spread covers Texas, Florida, Washington, and scattered other states, with the heaviest recent activity concentrated in Texas (Comptroller, Water Development Board, Dallas) and Florida (Broward County, Okaloosa County). Representative recent opportunities include Broward County Finance and Administrative Services' RFP for Master Banking Services across five service groups—Lockbox, Merchant Card, Purchasing Card, Treasury, and Third-Party Custodian—with a response deadline of October 13, 2026 and a pre-proposal meeting held September 9 with 42 participants from 18 vendors; the City of Dallas's RFP for Commercial Paper Liquidity Providers supporting three capital programs with a May 22, 2026 deadline and local-preference and SBE participation requirements; the Texas Comptroller's RFP for custody and liquidity services for the Texas Strategic Bitcoin Reserve with a June 15, 2026 proposal deadline; and the Texas Water Development Board's RFQ for arbitrage compliance services across 39 bond issues with a May 28, 2026 deadline and a maximum contract value of $363,000. The persistent mismatch between code scope and actual procurement activity suggests that state and local procurement offices lack a suitable UNSPSC category for financial advisory and treasury services, making this code unreliable for identifying genuine carbon-credit or environmental-permit opportunities.

Quick answers

What is UNSPSC 64111705?

UNSPSC 64111705 is Carbon credit permit or certificate, a commodity in UNSPSC 64000000, Financial Instruments, Products, Contracts and Agreements.

Which NIGP codes match UNSPSC 64111705?

UNSPSC 64111705 maps to 1 NIGP code, 94675 Securities and Commodities Market Services, (Including Direct or Indirect Purchases, Sales and Transitions of Equities, Fixed Income, Options and Derivatives on an Agency and Principal Basis).

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