AirCarbon Exchange Wins Environmental Finance's Best Carbon Exchange Award for 2022


ABU DHABI, UAE, LONDON and SINGAPORE, Sept. 23, 2022 /PRNewswire/ — AirCarbon Exchange (ACX) is delighted to have been voted as one of the best carbon change in Environmental Finance’s Voluntary Carbon Market Rankings 2022, making it the second consecutive 12 months 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 explicit because of Environmental Finance for showcasing the superb work being carried out within the voluntary carbon market sector.

“The Environmental Finance Award is the most coveted industry honor in our space. It is therefore, humbling to receive the award for the second year running,” stated William Pazos, Managing Director and Co-Founder of ACX. “It’s a nod to our world-class team who tirelessly works to bring price transparency through innovation to the carbon markets. But mostly, it speaks to a broader synergy between ACX and its members. In the end, we are here to serve them.”

The award is the fruits of an extremely busy 12 months at ACX with the change increasing its operations the world over because it seeks to open up carbon markets so corporations can obtain their web zero targets. Brazil, Africa and the Middle East have been three key areas the place ACX has made vital inroads with the change 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 International Financial Centre and the Nairobi Securities Exchange to develop Kenya’s first carbon change whereas within the Middle East ACX has bolstered its presence and helped the Abu Dhabi Global Market obtain the landmark of being the world’s first carbon impartial International Finance Centre.

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As effectively as serving to others obtain their local weather objectives, ACX stood out amongst its friends when it turned the world’s first carbon damaging change in May 2021, having offset its carbon emissions 12 months into the long run by the Onil Stoves Guatemala Uspantan venture. This dedication was continued this 12 months with the acquisition of credit from the Katingan Peatland Restoration and Conservation Project in Indonesia.

In June, ACX went dwell with the Global Emission Reduction 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 its change, highlighting its central significance because the voluntary carbon market sector expands quickly over the approaching years.

Receiving Environmental Finance’s accolade for a second 12 months 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 12 months seeing ACX proceed to increase globally.

About AirCarbon Exchange (ACX): 

AirCarbon Exchange (“ACX”) is a worldwide change revolutionizing the voluntary carbon market. The Exchange’s consumer base contains company entities, monetary merchants, carbon venture builders and different trade stakeholders. ACX offers its members with an environment friendly and clear buying and selling platform which is simple to make use of, frictionless and with the bottom transaction charges accessible available on the market. Its underlying distributed ledger expertise will enable the carbon market to scale effectively to satisfy international ambitions of Net Zero.

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ACX was acknowledged because the Best Carbon Exchange globally in Environmental Finance’s prestigious Voluntary Carbon Market Rankings 2022 – the most important and most carefully watched survey of the world’s Voluntary Carbon Market. ACX was additionally named because the ‘Best Solution in Energy Trading’ by Wired UK and Publicis Sapient at their Global EnergyTech Awards, which spotlighted the businesses which might be ‘Winning the Race to Reinvent Energy’.

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