Terms
of Use

The Teravent Registry is operated by two affiliated legal entities:

Teravent Limited, a company registered in England and Wales (Companies House registration number available upon request), with its registered office in the United Kingdom. Teravent Limited is the primary data controller and contracting entity for users based in the United Kingdom, the European Economic Area, and all other jurisdictions except India.

Teravent India Private Limited, a company incorporated in India under the Companies Act 2013, with its registered office in India. Teravent India Private Limited is the contracting entity and data fiduciary for users based in India under the Digital Personal Data Protection Act 2023 and all applicable Indian law.

References to "Teravent," "we," "us," or "our" in these Terms refer to the applicable entity based on your jurisdiction of access. Both entities operate under a shared governance framework, platform infrastructure, and brand identity.

For the avoidance of doubt, the Teravent Registry operates as an independent carbon removal registry. We do not issue financial instruments, provide investment advice, or act as a regulated financial intermediary. Carbon credits issued through the Registry are environmental attribute certificates and should not be construed as securities or financial products.

By accessing the Services, creating an account, registering a project, purchasing or retiring credits, or otherwise interacting with the Teravent platform, you confirm that:

(a) you have read, understood, and agree to be bound by these Terms and all documents incorporated by reference; (b) you have the legal capacity and authority to enter into this agreement, whether on your own behalf or on behalf of the organisation you represent; and (c) your use of the Services complies with all applicable laws and regulations in your jurisdiction.

If you are accessing the Services on behalf of a company or other legal entity ("Organisation"), you represent and warrant that you have the authority to bind that Organisation to these Terms. In such cases, references to "you" include both you as an individual and the Organisation you represent.

These Terms apply to all users of the Services, including unregistered visitors who browse the public-facing website. Certain features are only available to registered Members with verified accounts.

The Services are available to individuals who are at least 18 years of age and to legally constituted organisations. The Services are not directed at minors, and by using the Services you represent that you meet the minimum age requirement in your jurisdiction.

Registration and full platform access requires completion of our Know Your Customer (KYC) and Anti-Money Laundering (AML) verification process as described in GF-08: Know Your Customer Policy. We reserve the right to deny or revoke access to any person or organisation that fails verification, presents fraudulent documentation, or is subject to applicable sanctions.

Organisations from jurisdictions subject to comprehensive international sanctions (including OFAC, UK OFSI, and UN Security Council designations) may be restricted from using certain or all features of the Registry. Teravent reserves the right to conduct ongoing screening of Members and to terminate accounts where sanctions exposure is identified.

To access the full functionality of the Registry, you must create an account and provide accurate, complete, and current information including your full legal name or legal entity name, a verified email address, and all information required by our KYC process. You agree to update your account information promptly whenever it changes.

You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You must not share your login credentials with any third party. If you believe your account has been compromised or accessed without authorisation, you must notify us immediately at security@teravent.com.

Each individual may hold one personal account. Organisations may register multiple business accounts subject to the applicable subscription terms. Automated account creation, credential stuffing, or any other means of programmatic account registration without our express written consent is prohibited.

We reserve the right to verify the identity of any account holder at any time. Providing false, misleading, or incomplete information during registration or verification is a material breach of these Terms and may result in immediate account suspension and referral to appropriate authorities.

The Teravent Registry provides a technology platform that enables the registration, validation, verification, issuance, transfer, and retirement of carbon removal credits ("Credits") across multiple Carbon Dioxide Removal (CDR) pathways including, but not limited to, Direct Air Capture, Biochar Production and Application, Afforestation, Reforestation and Revegetation, and Enhanced Rock Weathering.

The Services include: the public-facing registry interface and project database; the authenticated member portal for project developers, aggregators, and buyers; application programming interfaces (APIs) for programmatic access to registry data; monitoring, reporting, and verification (MRV) data submission tools; credit issuance, transfer, and retirement ledger; and governance and compliance documentation resources.

We operate the Registry as an independent infrastructure provider. Teravent does not itself develop, own, or endorse any specific CDR projects listed on the platform. The scientific validity, legal title, and environmental integrity of individual projects remain the sole responsibility of the project developer. Teravent's validation and verification processes are procedural quality checks and do not constitute a warranty of project performance or permanence.

We reserve the right to modify, suspend, or discontinue any aspect of the Services at any time, including during scheduled or unscheduled maintenance. We will endeavour to provide reasonable advance notice of any material changes that affect registered Members.

Project Developers are organisations that register CDR projects on the Registry. Project Developers represent and warrant that: all project data submitted is accurate, complete, and not misleading; they hold or have legal authority to register the carbon removals represented by Credits issued; all underlying CDR activities are conducted in compliance with applicable local, national, and international laws; and project activities do not knowingly cause harm to local communities or ecosystems. Project Developers accept full legal and moral responsibility for the accuracy of project submissions and associated MRV data.

Aggregators are organisations that bundle, manage, or on-sell Credits across multiple projects. Aggregators represent and warrant that they have clear contractual rights to the Credits they aggregate and that they will not misrepresent the provenance, vintage, or attributes of Credits to buyers or other third parties.

Buyers are organisations that purchase and retire Credits through the Registry for the purpose of corporate climate claims or other environmental objectives. Buyers acknowledge that the purchase and retirement of Credits does not in itself constitute compliance with any legal, regulatory, or accounting standard, and that they are solely responsible for any claims they make in connection with retired Credits.

All Members, regardless of role, agree to: provide truthful and accurate information at all times; comply with the Teravent Governance Framework and all applicable policies; cooperate with any audit, review, or investigation conducted by Teravent or its appointed agents; and promptly notify Teravent of any material change to their legal status, beneficial ownership, or regulatory standing.

Carbon credits issued through the Teravent Registry ("Credits") represent a claim of one metric tonne of carbon dioxide equivalent (tCO₂e) removed from the atmosphere and stored durably in accordance with the applicable methodology. Each Credit is assigned a unique registry serial number and is recorded on the Teravent ledger.

Credits may only be transferred between verified Teravent Members. All transfers are recorded on the Registry ledger and are irrevocable once confirmed. Retirement of Credits is permanent and irreversible; retired Credits are publicly identified on the Registry as permanently cancelled and may not be re-transferred or re-sold.

Teravent operates a strict double-issuance prevention protocol. Each tonne of carbon removal may only be issued once on the Registry. Members must not represent the same removal on multiple registries or through multiple credit instruments. Any suspected double-counting must be reported to Teravent immediately at integrity@teravent.com.

The Registry maintains a publicly searchable database of all issued, transferred, and retired Credits. This transparency is fundamental to the integrity of the Registry and Members accept that information relating to their projects and transactions will be publicly visible in accordance with our Privacy Policy.

Teravent does not guarantee the future value, tradability, or regulatory recognition of Credits. Market conditions, policy changes, and evolving scientific standards may affect the perceived or actual value of Credits over time. Members transact Credits at their own risk.

The Teravent platform, including its software, source code, algorithms, user interface designs, methodologies, brand assets, and documentation, is the exclusive property of Teravent Limited and is protected by copyright, trade mark, database right, and other intellectual property laws of England and Wales and applicable international conventions.

You are granted a limited, non-exclusive, non-transferable, revocable licence to access and use the Services for their intended purposes in accordance with these Terms. This licence does not permit you to copy, reproduce, reverse engineer, decompile, scrape, republish, or create derivative works from any part of the Services without our prior written consent.

By submitting content to the Registry - including project descriptions, monitoring data, images, and documents - you grant Teravent a non-exclusive, worldwide, royalty-free licence to use, store, display, and make available that content as part of operating the Registry. You represent and warrant that you own or have the necessary rights to grant this licence and that the content does not infringe any third-party intellectual property rights.

The Teravent name, wordmark, and "Carbon Removal Registry" designation are trade marks of Teravent Limited. You may not use these marks in any manner that suggests endorsement, affiliation, or sponsorship without our prior written approval.

You must not use the Services to:

(a) submit false, fraudulent, misleading, or fabricated project data, MRV reports, or supporting documentation; (b) engage in double-counting, double-selling, or other forms of credit fraud; (c) impersonate another person, organisation, or verification body; (d) circumvent our KYC, AML, or security controls by any means; (e) attempt to gain unauthorised access to any account, system, or data on the platform; (f) deploy bots, scrapers, or automated tools against the platform without our express written permission; (g) upload malicious code, viruses, or any software intended to harm or disrupt the Services; (h) engage in money laundering, terrorist financing, or any other activity prohibited by applicable law; (i) facilitate the listing of projects involving illegal land acquisition, forced displacement of communities, or destruction of primary forests; (j) make false or misleading environmental claims based on Credits that do not correspond to the described removals.

Breach of this section constitutes a material breach of these Terms, may result in immediate account suspension and permanent ban, may be reported to relevant regulatory authorities including financial intelligence units and environmental regulators, and may expose you to civil and criminal liability.

Your use of the Services involves the collection and processing of personal data and organisational data. The full details of our data practices are set out in our Privacy Policy (GF-12) and Cookie Policy (LG-02), both of which are incorporated into these Terms by reference.

For users based in the United Kingdom and the European Economic Area, Teravent Limited acts as the data controller for personal data processed through the Services. Processing is conducted on the lawful bases set out in the Privacy Policy, including performance of contract, legitimate interests, and (where required) consent.

For users based in India, Teravent India Private Limited acts as the data fiduciary in accordance with the Digital Personal Data Protection Act 2023. Users based in India have the rights described in our Privacy Policy, including the right to access, correct, and erase their personal data.

Project data submitted to the Registry - including project descriptions, geographic coordinates, MRV data, and credit transaction records - is treated as registry data and will be made publicly available as part of the Registry's transparency obligations. Members should not include personal data in project submissions beyond what is strictly necessary for registry purposes.

Access to certain features of the Registry - including project registration, credit issuance, aggregation, and buyer functionality - requires a paid subscription. Current subscription plans and pricing are described at the time of registration and may be updated from time to time. By subscribing, you agree to the applicable pricing in effect at the time of your subscription and any renewal.

All fees are quoted exclusive of applicable taxes unless otherwise stated. Members are responsible for all applicable value added tax (VAT), goods and services tax (GST), withholding tax, or other taxes arising from their use of the Services in their respective jurisdictions.

Subscriptions are billed in advance on a monthly or annual basis as selected at registration. Fees are non-refundable except where required by applicable consumer protection law or as expressly stated in writing by Teravent. Failure to pay fees when due may result in suspension of access to paid features pending payment.

Transaction fees may apply to certain Registry activities including credit issuance, transfer, and retirement. These fees are disclosed in the platform interface prior to confirmation of any transaction. Teravent reserves the right to revise transaction fees with reasonable notice to affected Members.

To the maximum extent permitted by applicable law, Teravent, its officers, directors, employees, and affiliates shall not be liable for: (a) any indirect, incidental, special, consequential, or punitive damages; (b) any loss of profits, revenue, data, business opportunities, or goodwill; (c) any loss or damage arising from unauthorised access to or alteration of your data; (d) any inaccuracy, incompleteness, or error in project data, MRV reports, or other content submitted by Members; (e) any changes in value, tradability, or regulatory recognition of Credits; or (f) any third-party claims arising from your use of the Services.

Our total aggregate liability to you for any claims arising under or in connection with these Terms shall not exceed the greater of: (i) the total fees paid by you to Teravent in the twelve calendar months preceding the event giving rise to the claim; or (ii) one hundred pounds sterling (£100) or the equivalent in your local currency.

The Services are provided "as is" and "as available" without warranties of any kind, either express or implied. We do not warrant that the Services will be uninterrupted, error-free, or free from security vulnerabilities. Nothing in these Terms limits our liability for death or personal injury caused by our negligence, fraud, or any other liability that cannot be excluded by law.

You agree to indemnify, defend, and hold harmless Teravent, its affiliated entities, officers, directors, employees, agents, and licensors from and against any claims, liabilities, damages, losses, costs, and expenses (including reasonable legal fees) arising out of or in connection with: (a) your breach of these Terms or any document incorporated by reference; (b) your violation of any applicable law or regulation; (c) any content or data you submit to the Registry, including any claim that such content infringes the rights of a third party; (d) any misrepresentation made by you in connection with your account or project; or (e) your negligence or wilful misconduct.

Teravent reserves the right, at your expense, to assume exclusive control of the defence of any matter for which you are required to indemnify us. You agree to cooperate with our defence of such claims.

You may close your account and terminate your use of the Services at any time by submitting a written request to support@teravent.com. Closure is subject to the settlement of any outstanding fees and the resolution of any pending transactions or registry obligations.

Teravent may suspend or terminate your account at any time with or without notice if: (a) you breach these Terms or any incorporated policy; (b) we are required to do so by law, court order, or regulatory direction; (c) we have reasonable grounds to believe your account is being used fraudulently or in a manner that threatens the integrity of the Registry; (d) you fail to complete or maintain KYC verification; or (e) your subscription fees remain unpaid for more than 30 days.

Upon termination, your licence to use the Services ceases immediately. Teravent will retain data associated with your account for the periods specified in our Privacy Policy and as required by applicable law. Obligations relating to Credits already issued and retired, and any financial obligations outstanding, survive termination of these Terms.

Sections 7, 8, 9, 12, 13, 15, and 17 of these Terms shall survive any termination or expiry.

For users contracting with Teravent Limited (UK): These Terms and any dispute or claim arising out of or in connection with them or their subject matter shall be governed by and construed in accordance with the law of England and Wales. The parties irrevocably agree that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim.

For users contracting with Teravent India Private Limited: These Terms and any dispute or claim arising out of or in connection with them shall be governed by the laws of India. Any dispute that cannot be resolved by good faith negotiation shall be referred to and finally resolved by arbitration under the Arbitration and Conciliation Act 1996, conducted in English, with the seat of arbitration in Bangalore, India.

In either case, we encourage Members to first contact us at legal@teravent.com to seek an amicable resolution before commencing formal proceedings. Teravent will use reasonable efforts to resolve disputes within 30 days of receiving written notice.

Nothing in this clause prevents either party from seeking urgent injunctive or other equitable relief from a court of competent jurisdiction to prevent or restrain a breach of these Terms.

We may update these Terms from time to time to reflect changes to our Services, legal requirements, or business practices. When we make material changes, we will notify registered Members by email to the address on their account and by displaying a prominent notice on the platform at least 30 days before the changes take effect.

Your continued use of the Services after the effective date of any updated Terms constitutes your acceptance of those changes. If you do not agree with the updated Terms, you must stop using the Services and may close your account before the changes take effect.

We maintain an archive of previous versions of these Terms, which is available on request. The version history and effective date are recorded in the document metadata on this page.