ABU DHABI, UAE, LONDON and SINGAPORE, Sept. 23, 2022 /PRNewswire/ — AirCarbon Trade (ACX) is delighted to have been voted as the most effective carbon trade in Environmental Finance’s Voluntary Carbon Market Rankings 2022, making it the second consecutive yr ACX has been awarded the title following 2021’s win.
ACX is grateful for all of the help it has obtained from these voting within the awards with specific because of Environmental Finance for showcasing the wonderful work being carried out within the voluntary carbon market sector.
“The Environmental Finance Award is essentially the most coveted trade honor in our house. It’s subsequently, humbling to obtain the award for the second yr operating,” stated William Pazos, Managing Director and Co-Founding father of ACX. “It is a nod to our world-class workforce who tirelessly works to convey value transparency by means of innovation to the carbon markets. However principally, it speaks to a broader synergy between ACX and its members. Ultimately, we’re right here to serve them.”
The award is the fruits of an extremely busy yr at ACX with the trade increasing its operations the world over because it seeks to open up carbon markets so corporations can obtain their internet zero targets. Brazil, Africa and the Center East have been three key areas the place ACX has made important inroads with the trade working with its companions EQAO and BlockC to ascertain a voluntary carbon market in Brazil in addition to internet hosting the world’s first ever public sale of micromobility carbon credit.
In Africa, ACX is collaborating with the Nairobi Worldwide Monetary Centre and the Nairobi Securities Trade to develop Kenya’s first carbon trade whereas within the Center East ACX has bolstered its presence and helped the Abu Dhabi World Market obtain the landmark of being the world’s first carbon impartial Worldwide Finance Centre.
In addition to serving to others obtain their local weather objectives, ACX stood out amongst its friends when it turned the world’s first carbon unfavourable trade in Could 2021, having offset its carbon emissions 12 months into the longer term by means of the Onil Stoves Guatemala Uspantan venture. This dedication was continued this yr with the acquisition of credit from the Katingan Peatland Restoration and Conservation Challenge in Indonesia.
In June, ACX went reside with the World Emission Discount contract, or GER, a pioneering environmental product that has the potential to change into the worldwide reference value for carbon offsetters. The earlier month, ACX achieved the milestone of 10 million credit transacted by means of its trade, highlighting its central significance because the voluntary carbon market sector expands quickly over the approaching years.
Receiving Environmental Finance’s accolade for a second yr in a row solely serves to harden ACX’s dedication to be the important thing agent within the democratization of voluntary carbon markets by making them as clear and environment friendly as doable with the following yr seeing ACX proceed to develop globally.
About AirCarbon Trade (ACX):
AirCarbon Trade (“ACX”) is a worldwide trade revolutionizing the voluntary carbon market. The Trade’s consumer base includes company entities, monetary merchants, carbon venture builders and different trade stakeholders. ACX gives its members with an environment friendly and clear buying and selling platform which is straightforward to make use of, frictionless and with the bottom transaction charges obtainable available on the market. Its underlying distributed ledger expertise will enable the carbon market to scale effectively to satisfy international ambitions of Internet Zero.
ACX was acknowledged because the Greatest Carbon Trade globally in Environmental Finance’s prestigious Voluntary Carbon Market Rankings 2022 – the biggest and most intently watched survey of the world’s Voluntary Carbon Market. ACX was additionally named because the ‘Greatest Resolution in Vitality Buying and selling’ by Wired UK and Publicis Sapient at their World EnergyTech Awards, which spotlighted the businesses which might be ‘Profitable the Race to Reinvent Vitality’.
For extra info or to commerce carbon, please attain out to [email protected] or go to www.aircarbon.co.
SOURCE AirCarbon Trade