As the world shifts its focus towards sustainability, companies are under increasing pressure to reduce their carbon footprint. The voluntary carbon market has become an important tool in helping companies achieve their carbon-reduction goals. AirCarbon Exchange (ACX) is a global exchange that is revolutionising the voluntary carbon market. In this startup showcase, we will explore how ACX is making it easier and more efficient for companies to trade carbon credits.
Efficient and Transparent Trading Platform
ACX provides its clients with an efficient and transparent trading platform that is easy to use and has the lowest commission fees available on the market. The platform is designed to make it easy for companies to buy and sell carbon credits, and it provides them with access to a broad range of high-quality carbon offsets.
The exchange’s client base comprises corporate entities, financial traders, carbon project developers and other industry stakeholders. By bringing together a diverse group of market participants, ACX is helping to create a more liquid and efficient market for carbon credits.
Tokenizing Carbon Offsets
ACX has tokenized carbon offsets into three fungible carbon asset classes. The first is the AirCarbon CORSIA Token (CET), which includes only carbon offsets that are compliant with ICAO/CORSIA guidelines. The second is the AirCarbon Global Nature Token (GNT), which includes high-quality carbon offsets only from projects in the forest management industry. The third asset class is the AirCarbon Premium Token (PMT), which includes only carbon offsets of the highest quality that also support the Millennium Development Goals of the UN.
By tokenizing carbon offsets, ACX is making it easier and more efficient for companies to trade them. Tokens can be traded on the exchange’s platform, and they provide a more transparent and cost-effective way for companies to buy and sell carbon credits.
A Strong Background
The company was set up by a seasoned business group with a strong background in commodity exchange architecture, carbon trading, banking, distributed ledger technology (DLT), fund management and private equity. This experience has enabled ACX to develop a cutting-edge trading platform that is designed to meet the needs of market participants.
In addition to its expertise in trading and technology, ACX has also demonstrated a commitment to sustainability. The company’s tokenized carbon offsets provide companies with a more sustainable way to trade carbon credits, and its focus on high-quality offsets supports the UN’s Millennium Development Goals.
AirCarbon Exchange is revolutionising the voluntary carbon market by providing companies with an efficient and transparent trading platform that is easy to use and has the lowest commission fees available on the market. By tokenizing carbon offsets into three fungible carbon asset classes, ACX is making it easier and more efficient for companies to trade them. With a strong background in commodity exchange architecture, carbon trading, and technology, ACX is well-positioned to become a leader in the carbon trading industry.
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